Civista Bancshares (CIVB) Non Operating Interest Expenses (2010 - 2024)
Civista Bancshares' (CIVB) quarterly Non Operating Interest Expenses came in at $22.8 million in Q2 2024, up 72.13% on a YoY basis from $13.3 million in Q3 2023, and up 4.99% quarter-over-quarter from $21.8 million in Q1 2024.
Analysis
Civista Bancshares (CIVB) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Civista Bancshares (CIVB) has reported Non Operating Interest Expenses for 15 consecutive years, with $22.8 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 72.13% year-over-year to $22.8 million; the trailing twelve-month figure through Jun 2024 stood at $80.9 million (up 124.63% YoY), and the FY2023 full-year result was $57.2 million, up 258.84% from the prior year.
- Non Operating Interest Expenses advanced to $22.8 million in Q2 2024 per CIVB's latest filing, from $21.8 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $22.8 million in Q2 2024 and bottomed at $1.4 million in Q3 2021.
- Historically, Non Operating Interest Expenses has averaged $7.8 million across 5 years, with a median of $2.7 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 47.06% in 2021, then soared 638.86% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $2.2 million in 2020, then jumped by 115.66% to $4.7 million in 2021, then soared by 118.65% to $10.3 million in 2022, then jumped by 113.25% to $22.0 million in 2023, then rose by 3.72% to $22.8 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $22.8 million, $21.8 million, and $22.0 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 | Civista Bancshares | 564.34 Mn | 548.78 Mn | 5.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 22.84 Mn |
| Mar 31, 2024 | 21.76 Mn |
| Dec 31, 2023 | 22.02 Mn |
| Sep 30, 2023 | 14.28 Mn |
| Jun 30, 2023 | 13.27 Mn |
| Mar 31, 2023 | 10.32 Mn |
| Dec 31, 2022 | 10.33 Mn |
| Sep 30, 2022 | 2.09 Mn |
| Jun 30, 2022 | 1.80 Mn |
| Mar 31, 2022 | 1.73 Mn |
| Dec 31, 2021 | 4.72 Mn |
| Sep 30, 2021 | 1.35 Mn |
| Jun 30, 2021 | 1.66 Mn |
| Mar 31, 2021 | 1.90 Mn |
| Dec 31, 2020 | 2.19 Mn |
| Sep 30, 2020 | 2.55 Mn |
| Jun 30, 2020 | 2.51 Mn |
| Mar 31, 2020 | 2.89 Mn |
| Dec 31, 2019 | 3.30 Mn |
| Sep 30, 2019 | 3.61 Mn |