Banc Of California (BANC) Interest Expense - Others (2019 - 2023)
Banc Of California (BANC) recorded Interest Expense - Others of $7.87 million in Q3 2023, up 95.8% from $4.02 million a year earlier and up 112.8% from the prior quarter.
Banc Of California (BANC) Interest Expense - Others (2019 - 2023) Analysis & Trends
On a TTM basis, Banc Of California's Interest Expense - Others came in at $19.35 million as of Sep 30, 2023, up 30.6% year-over-year; for FY2022, it came in at $15.42 million, up 13.9% from FY2021.
- Annual Interest Expense - Others has increased for four straight years, with a four-year compound annual growth rate of 13.0% (FY2018 to FY2022).
- Across earlier years, Interest Expense - Others came in at $13.55 million in FY2021 (+33.4%), $10.16 million in FY2020 (+6.9%), $9.5 million in FY2019 (+0.5%) and $9.46 million in FY2018.
- The Q3 2023 figure is the highest quarterly Interest Expense - Others in data going back to Q1 2019.
- On a year-over-year basis, Interest Expense - Others rose in seven of the last eight quarters, with growth averaging 20.9%.
- Peak year-over-year performance for Interest Expense - Others in the last five years was growth of 95.8% in Q3 2023, against a decline of 3.3% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.7 million (Q2 2023), $3.69 million (Q1 2023) and $4.09 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Banc Of California | 2.72 Bn | -7.02 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 7.87 Mn |
| Jun 30, 2023 | 3.70 Mn |
| Mar 31, 2023 | 3.69 Mn |
| Dec 31, 2022 | 4.09 Mn |
| Sep 30, 2022 | 4.02 Mn |
| Jun 30, 2022 | 3.83 Mn |
| Mar 31, 2022 | 3.49 Mn |
| Dec 31, 2021 | 3.49 Mn |
| Sep 30, 2021 | 3.41 Mn |
| Jun 30, 2021 | 3.34 Mn |
| Mar 31, 2021 | 3.30 Mn |
| Dec 31, 2020 | 3.05 Mn |
| Sep 30, 2020 | 2.39 Mn |
| Jun 30, 2020 | 2.36 Mn |
| Mar 31, 2020 | 2.36 Mn |
| Dec 31, 2019 | 2.38 Mn |
| Sep 30, 2019 | 2.40 Mn |
| Mar 31, 2019 | 2.36 Mn |
Banc Of California Interest Expense - Others API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-others&ticker=BANC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-others", "ticker": "BANC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-others&ticker=BANC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();