Camden National (CAC) Non Operating Interest Expenses (2010 - 2024)
Camden National's (CAC) quarterly Non Operating Interest Expenses came in at $30.1 million in Q3 2024, up 20.13% on a YoY basis from $25.1 million in Q4 2023, and up 0.52% quarter-over-quarter from $30.0 million in Q2 2024.
Analysis
Camden National (CAC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Camden National (CAC) has reported Non Operating Interest Expenses for 15 consecutive years, with $30.1 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Non Operating Interest Expenses rose 20.13% year-over-year to $30.1 million; the trailing twelve-month figure through Sep 2024 stood at $116.1 million (up 46.54% YoY), and the FY2023 full-year result was $94.0 million, up 274.52% from the prior year.
- Non Operating Interest Expenses improved to $30.1 million in Q3 2024 per CAC's latest filing, from $30.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $30.1 million in Q3 2024 and bottomed at $2.5 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $12.6 million across 5 years, with a median of $6.8 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 63.94% in 2021, then soared 639.87% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $3.7 million in 2020, then declined by 27.9% to $2.7 million in 2021, then surged by 364.85% to $12.3 million in 2022, then jumped by 119.57% to $27.1 million in 2023, then climbed by 11.24% to $30.1 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $30.1 million, $30.0 million, and $28.9 million for Q3 2024, Q2 2024, and Q1 2024 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 | Camden National | 965.33 Mn | 965.33 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 30.13 Mn |
| Jun 30, 2024 | 29.98 Mn |
| Mar 31, 2024 | 28.91 Mn |
| Dec 31, 2023 | 27.09 Mn |
| Sep 30, 2023 | 25.09 Mn |
| Jun 30, 2023 | 23.37 Mn |
| Mar 31, 2023 | 18.45 Mn |
| Dec 31, 2022 | 12.34 Mn |
| Sep 30, 2022 | 6.77 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 2.49 Mn |
| Dec 31, 2021 | 2.65 Mn |
| Sep 30, 2021 | 2.63 Mn |
| Jun 30, 2021 | 2.74 Mn |
| Mar 31, 2021 | 3.02 Mn |
| Dec 31, 2020 | 3.68 Mn |
| Sep 30, 2020 | 4.19 Mn |
| Jun 30, 2020 | 4.64 Mn |
| Mar 31, 2020 | 8.39 Mn |
| Dec 31, 2019 | 9.31 Mn |