Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 355

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 355
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 MD&A and in Note 5—Allowance for Loan and Lease Losses.

70

Noninterest Income

The primary sources of noninterest income consist of rental income on operating lease equipment, lending-related fees, deposit fees and service charges, client investment fees, wealth management services, international fees, factoring commissions, cardholder and merchant services, and insurance commissions.  

Table 11

Noninterest Income

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterSix Months EndedIncrease (Decrease)Year to DateJune 30, 2025March 31, 2025June 30, 2024June 30, 2025June 30, 2024Rental income on operating lease equipment$272 $270 $259 $2 1 %$542 $514 $28 6 %Lending-related fees69 66 63 3 5 135 122 13 11 Deposit fees and service charges59 58 57 1 3 117 115 2 2 Client investment fees52 53 54 (1)(4)105 104 1 — Wealth management services55 56 52 (1)(2)111 103 8 8 International fees33 32 29 1 1 65 57 8 14 Factoring commissions18 17 19 1 3 35 36 (1)(2)Cardholder services, net41 41 40 — — 82 80 2 2 Merchant services, net13 14 12 (1)(10)27 24 3 11 Insurance commissions14 14 13 — 2 28 28 — — Fair value adjustment on marketable equity securities, net2 (5)(2)7 146 (3)(6)3 56 Gain on sale of leasing equipment, net8 5 4 3 23 13 14 (1)(3)Loss on extinguishment of debt— — — — — — (2)2 100 Other noninterest income  42 14 39 28 219 56 77 (21)(28)Total noninterest income$678 $635 $639 $43 7 %$1,313 $1,266