California BanCorp \ CA (BCAL) Non Operating Interest Expenses (2022 - 2024)

California BanCorp \ CA (BCAL) has reported Non Operating Interest Expenses for 3 consecutive years, with $10.8 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 149.48% year-over-year to $10.8 million; the trailing twelve-month figure through Mar 2024 stood at $35.8 million (up 280.6% YoY), and the FY2023 full-year result was $29.4 million, up 407.58% from the prior year.
• Non Operating Interest Expenses rose to $10.8 million in Q1 2024 per BCAL's latest filing, from $10.0 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $10.8 million in Q1 2024 and bottomed at $648000.0 in Q2 2022.
• Historically, Non Operating Interest Expenses has averaged $5.1 million across 3 years, with a median of $4.3 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses soared 954.63% in 2023, then soared 149.48% in 2024.
• Over 3 years, Non Operating Interest Expenses stood at $2.9 million in 2022, then surged by 248.3% to $10.0 million in 2023, then gained by 7.59% to $10.8 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $10.8 million, $10.0 million, and $8.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.