Bank of Marin Bancorp (BMRC) Non Operating Interest Expenses (2011 - 2024)
Bank of Marin Bancorp's (BMRC) quarterly Non Operating Interest Expenses came in at $11.9 million in Q2 2024, up 13.1% on a YoY basis from $10.5 million in Q3 2023, and up 3.61% quarter-over-quarter from $11.5 million in Q1 2024.
Analysis
Bank of Marin Bancorp (BMRC) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Bank of Marin Bancorp (BMRC) has reported Non Operating Interest Expenses for 14 consecutive years, with $11.9 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 13.1% year-over-year to $11.9 million; the trailing twelve-month figure through Jun 2024 stood at $45.1 million (up 176.42% YoY), and the FY2025 full-year result was $368000.0, changed N/A from the prior year.
- Non Operating Interest Expenses rose to $11.9 million in Q2 2024 per BMRC's latest filing, from $11.5 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $11.9 million in Q2 2024 and bottomed at $453000.0 in Q2 2021.
- Historically, Non Operating Interest Expenses has averaged $3.8 million across 5 years, with a median of $726500.0 in 2020.
- The sharpest annual moves came in 2022 and 2023: Non Operating Interest Expenses tumbled 67.91% in 2022, then surged 1833.64% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $489000.0 in 2020, then increased by 25.15% to $612000.0 in 2021, then surged by 35.78% to $831000.0 in 2022, then soared by 1242.84% to $11.2 million in 2023, then increased by 6.33% to $11.9 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $11.9 million, $11.5 million, and $11.2 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Bank of Marin Bancorp | 436.21 Mn | 156.57 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 11.87 Mn |
| Mar 31, 2024 | 11.45 Mn |
| Dec 31, 2023 | 11.16 Mn |
| Sep 30, 2023 | 10.64 Mn |
| Jun 30, 2023 | 10.49 Mn |
| Mar 31, 2023 | 4.45 Mn |
| Dec 31, 2022 | 831,000.00 |
| Sep 30, 2022 | 550,000.00 |
| Jun 30, 2022 | 590,000.00 |
| Mar 31, 2022 | 578,000.00 |
| Dec 31, 2021 | 612,000.00 |
| Sep 30, 2021 | 536,000.00 |
| Jun 30, 2021 | 453,000.00 |
| Mar 31, 2021 | 1.80 Mn |
| Dec 31, 2020 | 489,000.00 |
| Sep 30, 2020 | 603,000.00 |
| Jun 30, 2020 | 622,000.00 |
| Mar 31, 2020 | 1.27 Mn |
| Dec 31, 2019 | 1.34 Mn |
| Sep 30, 2019 | 1.18 Mn |