First Citizens BancShares, Inc. (FCNCA) — Cash Flow Quality Index
First Citizens BancShares, Inc. (FCNCA) has a Cash Flow Quality Index of 1.55x as of June 2026. Operating cash flow of $1.04 Billion exceeds net income of $672.00 Million, indicating high earnings quality where cash backs reported profits. Explore FCNCA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see First Citizens BancShares, Inc. cash conversion from operations.
Annual Cash Flow Quality Index for First Citizens BancShares, Inc. (1990–2025)
Year-by-year earnings quality comparison for First Citizens BancShares, Inc..
| 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 | — |