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FCNCO.PFD (First Citizens BancShares) Pre-Tax Income : $3,569.00 Mil (TTM As of Sep. 2024)


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What is First Citizens BancShares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. First Citizens BancShares's pretax income for the three months ended in Sep. 2024 was $873.00 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $3,569.00 Mil. First Citizens BancShares's pretax margin was 35.76%.

During the past 13 years, First Citizens BancShares's highest Pretax Margin was 137.93%. The lowest was 20.45%. And the median was 33.20%.


First Citizens BancShares Pre-Tax Income Historical Data

The historical data trend for First Citizens BancShares's Pre-Tax Income 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 Pre-Tax Income Chart

First Citizens BancShares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 592.05 618.00 701.00 1,362.00 12,077.00

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
Pre-Tax Income 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 997.00 713.00 1,004.00 979.00 873.00

Competitive Comparison of First Citizens BancShares's Pre-Tax Income

For the Banks - Regional subindustry, First Citizens BancShares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Citizens BancShares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's Pre-Tax Income falls into.



First Citizens BancShares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

First Citizens BancShares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+12077
=12,077.00

First Citizens BancShares's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+873
=873.00

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,569.00 Mil.

* 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:FCNCO.PFD) Pre-Tax Income Explanation

First Citizens BancShares's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=873/2441
=35.76%

During the past 13 years, First Citizens BancShares's highest Pretax Margin was 137.93%. The lowest was 20.45%. And the median was 33.20%.

* 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 Pre-Tax Income Related Terms

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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.