GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Citizens BancShares Inc (NAS:FCNCA) » Definitions » Debt-to-Equity
中文

First Citizens BancShares (First Citizens BancShares) Debt-to-Equity

: 1.77 (As of Dec. 2023)
View and export this data going back to 1992. Start your Free Trial

First Citizens BancShares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. First Citizens BancShares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37,565 Mil. First Citizens BancShares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21,255 Mil. First Citizens BancShares's debt to equity for the quarter that ended in Dec. 2023 was 1.77.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for First Citizens BancShares's Debt-to-Equity or its related term are showing as below:

FCNCA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.29   Max: 1.77
Current: 1.77

During the past 13 years, the highest Debt-to-Equity Ratio of First Citizens BancShares was 1.77. The lowest was 0.10. And the median was 0.29.

FCNCA's Debt-to-Equity is ranked worse than
80.63% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs FCNCA: 1.77

First Citizens BancShares Debt-to-Equity Historical Data

The historical data trend for First Citizens BancShares's Debt-to-Equity 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
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.30 0.25 0.68 1.77

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
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 2.37 2.03 1.85 1.77

Competitive Comparison

For the Banks - Regional subindustry, First Citizens BancShares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Citizens BancShares Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, First Citizens BancShares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's Debt-to-Equity falls into.



First Citizens BancShares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Citizens BancShares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Citizens BancShares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


First Citizens BancShares  (NAS:FCNCA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


First Citizens BancShares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of First Citizens BancShares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


First Citizens BancShares (First Citizens BancShares) Business Description

Traded in Other Exchanges
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
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