Cherry Hill Mortgage Investment (CHMI) Non Operating Interest Expenses (2014 - 2024)
Cherry Hill Mortgage Investment's (CHMI) quarterly Non Operating Interest Expenses came in at $13.6 million in Q1 2024, up 14.16% on a YoY basis from $12.0 million in Q2 2023, and up 3.54% quarter-over-quarter from $13.2 million in Q4 2023.
Analysis
Cherry Hill Mortgage Investment (CHMI) Non Operating Interest Expenses (2014 - 2024) Analysis & Trends
Cherry Hill Mortgage Investment (CHMI) has reported Non Operating Interest Expenses for 11 consecutive years, with $13.6 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 14.16% year-over-year to $13.6 million; the trailing twelve-month figure through Mar 2024 stood at $53.3 million (up 91.32% YoY), and the FY2023 full-year result was $51.6 million, up 194.04% from the prior year.
- Non Operating Interest Expenses rose to $13.6 million in Q1 2024 per CHMI's latest filing, from $13.2 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $13.8 million in Q1 2020 and bottomed at $1.3 million in Q2 2021.
- Historically, Non Operating Interest Expenses has averaged $6.5 million across 5 years, with a median of $4.9 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 89.46% in 2021, then jumped 628.96% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.6 million in 2020, then slipped by 4.42% to $1.5 million in 2021, then jumped by 456.65% to $8.5 million in 2022, then soared by 54.37% to $13.2 million in 2023, then climbed by 3.54% to $13.6 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $13.6 million, $13.2 million, and $13.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Cherry Hill Mortgage Investment | 108.72 Mn | 56.66 Mn | 5.56 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 13.65 Mn |
| Dec 31, 2023 | 13.18 Mn |
| Sep 30, 2023 | 13.34 Mn |
| Jun 30, 2023 | 13.17 Mn |
| Mar 31, 2023 | 11.96 Mn |
| Dec 31, 2022 | 8.54 Mn |
| Sep 30, 2022 | 4.88 Mn |
| Jun 30, 2022 | 2.50 Mn |
| Mar 31, 2022 | 1.64 Mn |
| Dec 31, 2021 | 1.53 Mn |
| Sep 30, 2021 | 1.44 Mn |
| Jun 30, 2021 | 1.34 Mn |
| Mar 31, 2021 | 1.45 Mn |
| Dec 31, 2020 | 1.61 Mn |
| Sep 30, 2020 | 1.79 Mn |
| Jun 30, 2020 | 4.94 Mn |
| Mar 31, 2020 | 13.80 Mn |
| Dec 31, 2019 | 13.50 Mn |
| Sep 30, 2019 | 12.64 Mn |
| Jun 30, 2019 | 11.71 Mn |