CNFinance Holdings (CNF) Non Operating Interest Expenses (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Non Operating 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 20.89% quarter-over-quarter from -$4.8 million in Q3 2023.
Analysis
CNFinance Holdings (CNF) Non Operating Interest Expenses (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported Non Operating Interest Expenses for 7 consecutive years, with -$3.8 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Non Operating Interest Expenses fell 102.84% year-over-year to -$3.8 million; the trailing twelve-month figure through Dec 2023 stood at -$17.0 million (down 32.8% YoY), and the FY2025 full-year result was -$9.6 million, up 62.6% from the prior year.
- Non Operating 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, Non Operating Interest Expenses topped out at -$1.9 million in Q4 2022 and bottomed at -$9.1 million in Q4 2019.
- Historically, Non Operating 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: Non Operating Interest Expenses tumbled 117.14% in 2019, then surged 58.88% in 2020.
- Over 5 years, Non Operating 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, Non Operating Interest Expenses over the past three periods registered -$3.8 million, -$4.8 million, and -$5.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 374.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 18.35 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 37.90 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 93.57 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | 103.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -3.78 Mn |
| Sep 30, 2023 | -4.78 Mn |
| Jun 30, 2023 | -5.02 Mn |
| Mar 31, 2023 | -3.41 Mn |
| Dec 31, 2022 | -1.87 Mn |
| Sep 30, 2022 | -2.86 Mn |
| Jun 30, 2022 | -4.31 Mn |
| Mar 31, 2022 | -3.76 Mn |
| Dec 31, 2021 | -4.07 Mn |
| Sep 30, 2021 | -4.05 Mn |
| Jun 30, 2021 | -2.88 Mn |
| Mar 31, 2021 | -4.52 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 |