FCNCP
Income statement / Annual
Last year (2023), First Citizens BancShares, Inc.'s total revenue was $7.60 B,
an increase of 67.45% from the previous year.
In 2023, First Citizens BancShares, Inc.'s net income was $11.47 B.
See First Citizens BancShares, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$7.60 B
|
$4.54 B
|
$1.84 B
|
$1.86 B
|
$1.73 B
|
$1.61 B
|
$1.57 B
|
$1.43 B
|
$1.35 B
|
$1.05 B
|
| Cost of Revenue |
$3.52 B |
$2.00 B |
$0.00 |
$0.00 |
$0.00 |
$56.57 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$4.08 B |
$2.55 B |
$1.84 B |
$1.86 B |
$1.73 B |
$1.55 B |
$1.57 B |
$1.43 B |
$1.35 B |
$1.05 B |
| Gross Profit Ratio |
0.54 |
0.56 |
1 |
1 |
1 |
0.96 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$3.02 B
|
$1.62 B
|
$772.99 M
|
$747.14 M
|
$691.67 M
|
$664.78 M
|
$610.64 M
|
$553.84 M
|
$561.39 M
|
$442.16 M
|
| Selling & Marketing
Expenses |
$102.00 M
|
$53.00 M
|
$9.76 M
|
$10.01 M
|
$11.44 M
|
$11.65 M
|
$11.23 M
|
$10.24 M
|
$12.43 M
|
$11.46 M
|
| Selling, General &
Administrative Expenses |
$4.27 B
|
$1.67 B
|
$772.99 M
|
$757.15 M
|
$703.11 M
|
$664.78 M
|
$610.64 M
|
$553.84 M
|
$561.39 M
|
$442.16 M
|
| Other Expenses |
$0.00 |
-$504.00 M |
-$1.91 B |
-$2.00 B |
-$1.84 B |
-$1.68 B |
-$204.70 M |
-$297.20 M |
$0.00 |
$0.00 |
| Operating Expenses |
$8.76 B |
$110.00 M |
-$1.14 B |
-$1.25 B |
-$1.14 B |
-$1.01 B |
$204.70 M |
$297.20 M |
$995.23 M |
$849.93 M |
| Cost And Expenses |
$4.27 B |
$110.00 M |
-$1.14 B |
-$1.25 B |
-$1.14 B |
-$1.01 B |
$1.07 B |
$1.10 B |
$995.23 M |
$849.93 M |
| Interest Income |
$10.39 B |
$3.41 B |
$1.45 B |
$1.48 B |
$1.40 B |
$1.25 B |
$1.10 B |
$987.76 M |
$969.21 M |
$760.45 M |
| Interest Expense |
$3.68 B |
$467.00 M |
$60.68 M |
$95.86 M |
$92.64 M |
$36.86 M |
$43.79 M |
$43.08 M |
$44.30 M |
$50.35 M |
| Depreciation &
Amortization |
-$57.00 M
|
$533.00 M
|
$132.17 M
|
$141.44 M
|
$127.69 M
|
$120.43 M
|
$113.65 M
|
$110.59 M
|
$110.61 M
|
$82.44 M
|
| EBITDA |
$971.00 M
|
$864.00 M
|
$814.13 M
|
$719.43 M
|
$700.79 M
|
$609.35 M
|
$638.44 M
|
$458.22 M
|
$440.54 M
|
$286.03 M
|
| EBITDA Ratio |
0.13 |
0.73 |
0.45 |
0.41 |
0.42 |
0.41 |
0.42 |
0.32 |
0.33 |
0.27 |
| Operating Income Ratio
|
0.44
|
0.61
|
0.38
|
0.33
|
0.34
|
0.34
|
0.35
|
0.25
|
0.25
|
0.19
|
| Total Other
Income/Expenses Net |
$8.75 B
|
-$87.00 M
|
-$148.34 M
|
$14.00 M
|
$1.78 M
|
$34.78 M
|
$157.12 M
|
$3.92 M
|
$31.24 M
|
-$13.06 M
|
| Income Before Tax |
$12.08 B |
$1.36 B |
$701.66 M |
$617.88 M |
$592.05 M |
$503.61 M |
$543.70 M |
$351.07 M |
$332.41 M |
$203.59 M |
| Income Before Tax Ratio
|
1.59
|
0.3
|
0.38
|
0.33
|
0.34
|
0.31
|
0.35
|
0.25
|
0.25
|
0.19
|
| Income Tax Expense |
$611.00 M |
$264.00 M |
$154.20 M |
$126.16 M |
$134.68 M |
$103.30 M |
$219.95 M |
$125.59 M |
$122.03 M |
$65.03 M |
| Net Income |
$11.47 B |
$1.10 B |
$547.00 M |
$492.00 M |
$457.37 M |
$400.31 M |
$323.75 M |
$225.48 M |
$210.39 M |
$138.56 M |
| Net Income Ratio |
1.51 |
0.24 |
0.3 |
0.26 |
0.26 |
0.25 |
0.21 |
0.16 |
0.16 |
0.13 |
| EPS |
785.18 |
67.47 |
53.88 |
47.5 |
41.05 |
33.53 |
26.96 |
18.77 |
17.52 |
13.56 |
| EPS Diluted |
784.55 |
67.4 |
53.88 |
47.5 |
41.05 |
33.53 |
26.96 |
18.77 |
17.52 |
13.56 |
| Weighted Average Shares
Out |
$14.53 M
|
$15.53 M
|
$9.82 M
|
$10.06 M
|
$11.14 M
|
$11.94 M
|
$12.01 M
|
$12.01 M
|
$12.01 M
|
$10.22 M
|
| Weighted Average Shares
Out Diluted |
$14.54 M
|
$15.55 M
|
$9.82 M
|
$10.06 M
|
$11.14 M
|
$11.94 M
|
$12.01 M
|
$12.01 M
|
$12.01 M
|
$10.22 M
|
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