FIZN Income Statement - TTM - First Citizens Bancshares, Inc.

Income Statement (TTM)

First Citizens Bancshares, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	72	72	74	77	80	82	84	85	85	83	81	78	74	72	70	69	70	72	74	78
Change (%)		1.19	2.10	4.39	3.16	3.19	2.75	1.22	-0.28	-2.38	-2.72	-4.21	-4.42	-2.35	-3.46	-1.07	1.36	2.97	3.21	4.34
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales
Change (%)
% of Revenue

Gross Operating Profit	72	72	74	77	80	82	84	85	85	83	81	78	74	72	70	69	70	72	74	78
Change (%)		1.19	2.10	4.39	3.16	3.19	2.75	1.22	-0.28	-2.38	-2.72	-4.21	-4.42	-2.35	-3.46	-1.07	1.36	2.97	3.21	4.34
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

SG&A	41	41	41	41	41	44	44	44	44	44	44	44	44	44	44	44	44	45	45	45
Change (%)		0.56	0.00	0.00	0.00	5.43	0.00	0.00	0.00	0.90	0.00	0.00	0.00	-0.99	0.00	0.00	0.00	2.04	0.00	0.00
% of Revenue	57.53	57.17	56.00	53.64	52.00	53.13	51.71	51.08	51.22	52.94	54.42	56.81	59.44	60.27	62.43	63.11	62.26	61.70	59.78	57.30

R&D
Change (%)
% of Revenue

OpEx	46	47	48	48	49	50	50	51	51	50	50	50	50	50	50	51	51	52	52	52
Change (%)		1.14	2.03	1.60	1.42	1.12	0.57	1.34	0.74	-0.88	-0.48	-0.51	0.23	-0.52	1.19	0.83	0.50	0.96	0.44	0.42
% of Revenue	64.40	64.37	64.33	62.61	61.56	60.32	59.04	59.11	59.71	60.62	62.02	64.42	67.55	68.82	72.14	73.52	72.90	71.48	69.56	66.94

Operating Income	25	26	26	29	31	33	35	35	34	33	31	28	24	23	19	18	19	21	23	26
Change (%)		1.28	2.22	9.43	6.06	6.51	6.07	1.05	-1.75	-4.59	-6.17	-10.24	-12.85	-6.17	-13.73	-5.99	3.73	8.37	10.17	13.30
% of Revenue	35.60	35.63	35.67	37.39	38.44	39.68	40.96	40.89	40.29	39.38	37.98	35.58	32.45	31.18	27.86	26.48	27.10	28.52	30.44	33.06

Interest Expense
Change (%)
% of Revenue

Net Income	21	22	22	24	26	27	28	29	28	27	25	23	20	19	16	16	16	17	19	21
Change (%)		2.04	2.60	8.70	5.98	3.77	5.71	1.37	-1.88	-4.07	-5.88	-10.01	-12.24	-7.50	-12.51	-4.19	4.21	7.54	9.62	11.73
% of Revenue	29.96	30.21	30.35	31.61	32.47	32.66	33.60	33.65	33.10	32.53	31.47	29.57	27.15	25.72	23.31	22.57	23.21	24.24	25.74	27.57

Source: Capital IQ

First Citizens Bancshares, Inc. - Income Statement (TTM)

Income Statement (TTM)