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FCNCA (First Citizens BancShares) Liabilities-to-Assets : 0.90 (As of Sep. 2024)


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What is First Citizens BancShares Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Citizens BancShares's Total Liabilities for the quarter that ended in Sep. 2024 was $197,739 Mil. First Citizens BancShares's Total Assets for the quarter that ended in Sep. 2024 was $220,567 Mil. Therefore, First Citizens BancShares's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.90.


First Citizens BancShares Liabilities-to-Assets Historical Data

The historical data trend for First Citizens BancShares's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

First Citizens BancShares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.92 0.92 0.91 0.90

First Citizens BancShares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.91 0.90 0.90 0.90 0.90

Competitive Comparison of First Citizens BancShares's Liabilities-to-Assets

For the Banks - Regional subindustry, First Citizens BancShares's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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's Liabilities-to-Assets Distribution in the Banks Industry

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

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



First Citizens BancShares Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Citizens BancShares's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=192503/213758
=0.90

First Citizens BancShares's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=197739/220567
=0.90

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Citizens BancShares Liabilities-to-Assets Related Terms

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First Citizens BancShares Business Description

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
Olivia Britton Holding 10 percent owner 4300 SIX FORKS ROAD, RALEIGH NC 27609
Hope Holding Connell officer: Executive Vice President PO BOX 29550, RALEIGH NC 27626
Holding Frank B Jr director, officer: President and CAO 4300 SIX FORKS ROAD, RALEIGH NC 27609
Carson H Brice 10 percent owner PO BOX 1352, SMITHFIELD NC 27577
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