First Citizens BancShares (First Citizens BancShares) Net Interest Income (for Banks)

: $6,712 Mil (As of Dec. 2023)

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Net interest income is the income earned by banks from the fund they have on their balance sheet. First Citizens BancShares's net interest income for the three months ended in Dec. 2023 was $1,911 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $6,712 Mil.

First Citizens BancShares's quarterly net interest income increased from Jun. 2023 ($1,961 Mil) to Sep. 2023 ($1,990 Mil) but then declined from Sep. 2023 ($1,990 Mil) to Dec. 2023 ($1,911 Mil).

First Citizens BancShares's annual net interest income increased from Dec. 2021 ($1,390 Mil) to Dec. 2022 ($2,946 Mil) and increased from Dec. 2022 ($2,946 Mil) to Dec. 2023 ($6,712 Mil).

First Citizens BancShares Net Interest Income (for Banks) Historical Data

The historical data trend for First Citizens BancShares's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Citizens BancShares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

1,311.37

1,388.00

1,390.00

2,946.00

6,712.00

First Citizens BancShares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Interest Income (for Banks)																802.00	850.00	1,961.00	1,990.00	1,911.00

First Citizens BancShares Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,712 Mil.

First Citizens BancShares (First Citizens BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Citizens BancShares Inc (NAS:FCNCA) » Definitions » Net Interest Income (for Banks)

Comparable Companies

Traded in Other Exchanges

FCNCO.PFD:USA FCNCP.PFD:USA FCNCB:USA

Address

4300 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.firstcitizens.com

First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.

Executives

Ellen R Alemany	director, officer: Vice Chairwoman	ONE ADP BOULEVARD, ROSELAND NJ 07068
Carson H Brice	10 percent owner	PO BOX 1352, SMITHFIELD NC 27577
Holding Frank B Jr	director, officer: President and CAO	4300 SIX FORKS ROAD, RALEIGH NC 27609
Craig L Nix	officer: Vice President-Finance	4300 SIX FORKS ROAD, RALEIGH NC 27609
Randolph R Martin	officer: Chief Credit Officer-General	4300 SIX FORKS ROAD, RALEIGH NC 27609
Andrew Giangrave	officer: Chief Credit Officer	4300 SIX FORKS ROAD, RALEIGH NC 27609
Eugene Jr Flood	director	151 DETROIT STREET, DENVER CO 80206
Jeffery L Ward	officer: Chief Strategy Officer	4300 SIX FORKS ROAD, RALEIGH NC 27604
Daniel L Heavner	director	4300 SIX FORKS ROAD, RALEIGH NC 27609
Marisa Harney	officer: Chief Credit Officer	C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Robert R Hoppe	director	4300 SIX FORKS ROAD, RALEIGH NC 27609
Robert T Newcomb	director	4300 SIX FORKS ROAD, RALEIGH NC 27609
West Ludwig	officer: Chief Human Resources Officer	4300 SIX FORKS ROAD, RALEIGH NC 27609
Michael A Carpenter	director	425 PARK AVENUE 2ND FL, NEW YORK NY 10043
Martin Matthew G. T.	officer: Chief Counsel	4300 SIX FORKS ROAD, RALEIGH NC 27609