Cvb Financial (CVBF) Non Operating Interest Expenses (2010 - 2024)
Cvb Financial's (CVBF) quarterly Non Operating Interest Expenses came in at $48.2 million in Q2 2024, up 62.35% on a YoY basis from $29.7 million in Q3 2023, and up 6.62% quarter-over-quarter from $45.2 million in Q1 2024.
Analysis
Cvb Financial (CVBF) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Cvb Financial (CVBF) has reported Non Operating Interest Expenses for 15 consecutive years, with $48.2 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 62.35% year-over-year to $48.2 million; the trailing twelve-month figure through Jun 2024 stood at $165.0 million (up 209.42% YoY), and the FY2023 full-year result was $118.3 million, up 1192.63% from the prior year.
- Non Operating Interest Expenses rose to $48.2 million in Q2 2024 per CVBF's latest filing, from $45.2 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $48.2 million in Q2 2024 and bottomed at $1.1 million in Q4 2021.
- Historically, Non Operating Interest Expenses has averaged $13.4 million across 5 years, with a median of $3.3 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 62.19% in 2021, then surged 2146.9% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $2.8 million in 2020, then sank by 59.3% to $1.1 million in 2021, then jumped by 315.76% to $4.7 million in 2022, then jumped by 719.86% to $38.7 million in 2023, then advanced by 24.54% to $48.2 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $48.2 million, $45.2 million, and $38.7 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 | Cvb Financial | 3.68 Bn | 2.54 Bn | 3.24 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 48.22 Mn |
| Mar 31, 2024 | 45.23 Mn |
| Dec 31, 2023 | 38.72 Mn |
| Sep 30, 2023 | 32.86 Mn |
| Jun 30, 2023 | 29.70 Mn |
| Mar 31, 2023 | 17.06 Mn |
| Dec 31, 2022 | 4.72 Mn |
| Sep 30, 2022 | 1.85 Mn |
| Jun 30, 2022 | 1.32 Mn |
| Mar 31, 2022 | 1.26 Mn |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | 1.25 Mn |
| Jun 30, 2021 | 1.64 Mn |
| Mar 31, 2021 | 2.06 Mn |
| Dec 31, 2020 | 2.79 Mn |
| Sep 30, 2020 | 3.30 Mn |
| Jun 30, 2020 | 3.39 Mn |
| Mar 31, 2020 | 4.80 Mn |
| Dec 31, 2019 | 5.20 Mn |
| Sep 30, 2019 | 5.40 Mn |