FIRST CITIZENS BANCSHARES INC /DE/ Interest Expense 2008-2024 | FCNCA
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is FIRST CITIZENS BANCSHARES INC /DE/'s current interest expense?
FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) annual interest expense for 2023 was $3.68B, a 687.79% increase from 2022. FIRST CITIZENS BANCSHARES INC /DE/ interest expense for the quarter ending March 31, 2024 was $1.27B.
What was FIRST CITIZENS BANCSHARES INC /DE/'s interest expense in 2022?
FIRST CITIZENS BANCSHARES INC /DE/ annual interest expense for 2022 was $467.0M, a 665.57% increase from 2021.
What was FIRST CITIZENS BANCSHARES INC /DE/'s interest expense in 2021?
FIRST CITIZENS BANCSHARES INC /DE/ annual interest expense for 2021 was $61.0M, a 36.46% decline from 2020.
What is FIRST CITIZENS BANCSHARES INC /DE/'s 5-year interest expense CAGR?
FIRST CITIZENS BANCSHARES INC /DE/ interest expense grew at a compound annual growth rate (CAGR) of 151.10% from FY2018 to FY2023, going from $36.9M to $3.68B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $3.68B | +687.8% | 10-K |
| FY2022 | $467.0M | +665.6% | 10-K |
| FY2021 | $61.0M | -36.5% | 10-K |
| FY2020 | $96.0M | +3.6% | 10-K |
| FY2019 | $92.6M | +151.4% | 10-K |
| FY2018 | $36.9M | -15.8% | 10-K |
| FY2017 | $43.8M | +1.7% | 10-K |
| FY2016 | $43.1M | -2.8% | 10-K |
| FY2015 | $44.3M | -12.0% | 10-K |
| FY2014 | $50.4M | -11.1% | 10-K |
| FY2013 | $56.6M | -37.2% | 10-K |
| FY2012 | $90.1M | -37.5% | 10-K |
| FY2011 | $144.2M | -26.1% | 10-K |
| FY2010 | $195.1M | -14.3% | 10-K |
| FY2009 | $227.6M | -27.7% | 10-K |
| FY2008 | $314.9M | - | 10-K |