Ameris Bancorp (ABCB) Non Operating Interest Expenses (2010 - 2024)
Ameris Bancorp (ABCB) posted Non Operating Interest Expenses of $128.1 million for Q1 2024, up 1.55% on a QoQ basis from $126.1 million in Q4 2023, and up 52.34% year-over-year from $84.1 million in Q2 2023.
Analysis
Ameris Bancorp (ABCB) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Ameris Bancorp has reported Non Operating Interest Expenses for 15 years, with the latest figure at $128.1 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 52.34% year-over-year to $128.1 million in Q1 2024; TTM through Mar 2024 was $489.4 million, a 194.65% increase from a year earlier, with the FY2023 full-year figure at $445.4 million, up 379.64% from the prior year.
- Non Operating Interest Expenses was $128.1 million for Q1 2024 at Ameris Bancorp, up from $126.1 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $128.1 million in Q1 2024, with the low at $10.8 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $47.2 million, with a median of $21.2 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 62.75% in 2021, then jumped 903.32% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $15.3 million in 2020, then declined by 24.79% to $11.5 million in 2021, then soared by 329.43% to $49.5 million in 2022, then jumped by 154.75% to $126.1 million in 2023, then increased by 1.55% to $128.1 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $128.1 million (Q1 2024), $126.1 million (Q4 2023), and $122.8 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Ameris Bancorp | 5.78 Bn | 4.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 128.06 Mn |
| Dec 31, 2023 | 126.11 Mn |
| Sep 30, 2023 | 122.80 Mn |
| Jun 30, 2023 | 112.41 Mn |
| Mar 31, 2023 | 84.06 Mn |
| Dec 31, 2022 | 49.51 Mn |
| Sep 30, 2022 | 21.32 Mn |
| Jun 30, 2022 | 11.20 Mn |
| Mar 31, 2022 | 10.83 Mn |
| Dec 31, 2021 | 11.53 Mn |
| Sep 30, 2021 | 11.39 Mn |
| Jun 30, 2021 | 11.90 Mn |
| Mar 31, 2021 | 12.97 Mn |
| Dec 31, 2020 | 15.33 Mn |
| Sep 30, 2020 | 17.40 Mn |
| Jun 30, 2020 | 21.20 Mn |
| Mar 31, 2020 | 34.82 Mn |
| Dec 31, 2019 | 38.73 Mn |
| Sep 30, 2019 | 39.59 Mn |
| Jun 30, 2019 | 27.38 Mn |