CNFinance Holdings (CNF) Interest Expenses (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Interest Expenses came in at -$3.8 million in Q4 2023, down 102.84% on a YoY basis from $133.1 million in Q4 2022, and up 21.57% quarter-over-quarter from -$4.8 million in Q3 2023.
Analysis
CNFinance Holdings (CNF) Interest Expenses (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported Interest Expenses for 7 consecutive years, with -$3.8 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Expenses fell 102.84% year-over-year to -$3.8 million; the trailing twelve-month figure through Dec 2023 stood at -$17.3 million (down 34.42% YoY), and the FY2025 full-year result was -$9.6 million, up 62.6% from the prior year.
- Interest Expenses grew to -$3.8 million in Q4 2023 per CNF's latest filing, from -$4.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at -$1.9 million in Q4 2022 and bottomed at -$9.1 million in Q4 2019.
- Historically, Interest Expenses has averaged -$4.5 million across 5 years, with a median of -$4.3 million in 2020.
- The sharpest annual moves came in 2019 and 2020: Interest Expenses tumbled 117.14% in 2019, then surged 58.88% in 2020.
- Over 5 years, Interest Expenses stood at -$9.1 million in 2019, then soared by 53.62% to -$4.2 million in 2020, then gained by 3.99% to -$4.1 million in 2021, then jumped by 54.14% to -$1.9 million in 2022, then sank by 102.84% to -$3.8 million in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered -$3.8 million, -$4.8 million, and -$5.2 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | 33.32 Bn |
| 2 | Rocket Companies | 37.40 Bn | 34.29 Bn | - | 374.00 Mn |
| 3 | Figure Technology Solutions | 8.09 Bn | 6.55 Bn | 196.67 Mn | 19.67 Mn |
| 4 | PennyMac Financial Services | 3.62 Bn | 2.87 Bn | 480.08 Mn | 270.71 Mn |
| 5 | Federal Agricultural Mortgage | 2.44 Bn | 1.40 Bn | - | 332.19 Mn |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 16.80 Mn |
| 8 | Velocity Financial | 703.53 Mn | -6.75 Bn | - | 93.57 Mn |
| 9 | UWM Holdings | 453.97 Mn | -44.44 Mn | - | 158.94 Mn |
| 10 | Onity | 294.97 Mn | 98.67 Mn | - | 103.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -3.78 Mn |
| Sep 30, 2023 | -4.82 Mn |
| Jun 30, 2023 | -5.19 Mn |
| Mar 31, 2023 | -3.48 Mn |
| Dec 31, 2022 | -1.87 Mn |
| Sep 30, 2022 | -2.86 Mn |
| Jun 30, 2022 | -4.38 Mn |
| Mar 31, 2022 | -3.75 Mn |
| Dec 31, 2021 | -4.07 Mn |
| Sep 30, 2021 | -4.05 Mn |
| Jun 30, 2021 | -2.88 Mn |
| Mar 31, 2021 | -4.58 Mn |
| Dec 31, 2020 | -4.24 Mn |
| Sep 30, 2020 | -5.78 Mn |
| Jun 30, 2020 | -4.92 Mn |
| Mar 31, 2020 | -2.79 Mn |
| Dec 31, 2019 | -9.13 Mn |
| Sep 30, 2019 | -4.92 Mn |
| Jun 30, 2019 | -5.56 Mn |
| Mar 31, 2019 | -6.80 Mn |