First Depreciation And Amortization from 2010 to 2024

FCNCA Stock  USD 2,353  28.85  1.24%   
First Citizens' Depreciation And Amortization is increasing over the years with stable fluctuation. Overall, Depreciation And Amortization is projected to go to about -54.1 M this year. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1991-03-31
Previous Quarter
104 M
Current Value
42 M
Quarterly Volatility
26.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Citizens' main balance sheet or income statement drivers, such as Interest Expense of 3.9 B, Selling General Administrative of 3.2 B or Total Revenue of 8 B, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0095 or PTB Ratio of 0.98. First financial statements analysis is a perfect complement when working with First Citizens Valuation or Volatility modules.
  
Check out the analysis of First Citizens Correlation against competitors.

Latest First Citizens' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of First Citizens BancShares over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. First Citizens' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Citizens' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Pretty Stable
   Depreciation And Amortization   
       Timeline  

First Depreciation And Amortization Regression Statistics

Arithmetic Mean105,340,467
Geometric Mean91,090,526
Coefficient Of Variation126.98
Mean Deviation72,912,702
Median110,585,000
Standard Deviation133,764,309
Sample Variance17892.9T
Range590M
R-Value0.19
Mean Square Error18588.3T
R-Squared0.04
Significance0.50
Slope5,623,025
Total Sum of Squares250500.5T

First Depreciation And Amortization History

2024-54.1 M
2023-57 M
2022533 M
2021132.2 M
2020141.4 M
2019127.7 M
2018120.4 M

About First Citizens Financial Statements

First Citizens stakeholders use historical fundamental indicators, such as First Citizens' Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although First Citizens investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Citizens' assets and liabilities are reflected in the revenues and expenses on First Citizens' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Citizens BancShares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization-57 M-54.1 M

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When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
Check out the analysis of First Citizens Correlation against competitors.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
6.56
Earnings Share
174.6
Revenue Per Share
646.115
Quarterly Revenue Growth
(0.03)
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.