First Citizens BancShares, Inc. (FCNCA) — Cash Flow Quality Index
First Citizens BancShares, Inc. (FCNCA) has a Cash Flow Quality Index of 1.81x as of December 2025. Operating cash flow of $1.05 Billion exceeds net income of $580.00 Million, indicating high earnings quality where cash backs reported profits. Explore FCNCA long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Citizens BancShares, Inc. Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for First Citizens BancShares, Inc. across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of First Citizens BancShares, Inc. to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for First Citizens BancShares, Inc. (1990–2025)
Year-by-year earnings quality comparison for First Citizens BancShares, Inc.. For live market cap and the full company financial profile, see First Citizens BancShares, Inc. (FCNCA) market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.33x | $2.92 Billion | $2.21 Billion | ▲ +23.1% |
| 2024 | 1.08x | $2.99 Billion | $2.78 Billion | ▲ +363.8% |
| 2023 | 0.23x | $2.66 Billion | $11.47 Billion | ▼ -90.9% |
| 2022 | 2.54x | $2.79 Billion | $1.10 Billion | ▲ +590.4% |
| 2021 | -0.52x | $-283.78 Million | $547.46 Million | ▼ -175.0% |
| 2020 | 0.69x | $340.01 Million | $491.72 Million | ▼ -41.5% |
| 2019 | 1.18x | $540.57 Million | $457.37 Million | ▲ +4.3% |
| 2018 | 1.13x | $453.77 Million | $400.31 Million | ▲ +3.3% |
| 2017 | 1.10x | $355.26 Million | $323.75 Million | ▲ +7.3% |
| 2016 | 1.02x | $230.51 Million | $225.48 Million | ▼ -7.7% |
| 2015 | 1.11x | $233.06 Million | $210.39 Million | ▼ -15.8% |
| 2014 | 1.32x | $182.24 Million | $138.56 Million | ▼ -33.7% |
| 2013 | 1.98x | $331.01 Million | $166.87 Million | ▲ +30.5% |
| 2012 | 1.52x | $201.29 Million | $132.40 Million | ▼ -11.7% |
| 2011 | 1.72x | $335.69 Million | $195.03 Million | ▲ +252.3% |
| 2010 | 0.49x | $94.31 Million | $193.04 Million | ▼ -66.2% |
| 2009 | 1.44x | $168.08 Million | $116.33 Million | ▼ -42.1% |
| 2008 | 2.50x | $227.22 Million | $91.06 Million | ▲ +66.9% |
| 2007 | 1.50x | $162.40 Million | $108.62 Million | ▼ -12.5% |
| 2006 | 1.71x | $216.14 Million | $126.49 Million | ▼ -48.1% |
| 2005 | 3.29x | $371.68 Million | $112.86 Million | ▲ +120.8% |
| 2004 | 1.49x | $111.64 Million | $74.84 Million | ▼ -15.4% |
| 2003 | 1.76x | $132.63 Million | $75.19 Million | ▼ -1.1% |
| 2002 | 1.78x | $165.40 Million | $92.76 Million | ▼ -54.9% |
| 2001 | 3.95x | $343.40 Million | $86.94 Million | ▲ +150.1% |
| 2000 | 1.58x | $155.28 Million | $98.31 Million | ▼ -31.4% |
| 1999 | 2.30x | $188.30 Million | $81.80 Million | ▼ -11.8% |
| 1998 | 2.61x | $185.30 Million | $71.00 Million | ▲ +483.1% |
| 1997 | 0.45x | $31.60 Million | $70.60 Million | ▼ -68.2% |
| 1996 | 1.41x | $92.30 Million | $65.50 Million | ▼ -20.5% |
| 1995 | 1.77x | $100.80 Million | $56.90 Million | ▼ -46.1% |
| 1994 | 3.29x | $167.60 Million | $51.00 Million | ▲ +293.8% |
| 1993 | 0.83x | $46.40 Million | $55.60 Million | ▼ -59.6% |
| 1992 | 2.07x | $107.00 Million | $51.80 Million | ▲ +65.7% |
| 1991 | 1.25x | $36.40 Million | $29.20 Million | ▼ -22.4% |
| 1990 | 1.61x | $45.60 Million | $28.40 Million | — |