Citizens & Northern (CZNC) Non Operating Interest Expenses (2010 - 2024)
Citizens & Northern (CZNC) posted Non Operating Interest Expenses of $11.3 million for Q1 2024, up 6.14% on a QoQ basis from $10.6 million in Q4 2023, and up 110.81% year-over-year from $5.4 million in Q2 2023.
Analysis
Citizens & Northern (CZNC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Citizens & Northern has reported Non Operating Interest Expenses for 15 years, with the latest figure at $11.3 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 110.81% year-over-year to $11.3 million in Q1 2024; TTM through Mar 2024 was $39.0 million, a 190.57% increase from a year earlier, with the FY2023 full-year figure at $33.1 million, up 247.77% from the prior year.
- Non Operating Interest Expenses was $11.3 million for Q1 2024 at Citizens & Northern, up from $10.6 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $16.0 million in Q4 2021, with the low at $1.4 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $7.7 million, with a median of $7.6 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 88.98% in 2021, then surged 354.22% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $15.8 million in 2020, then advanced by 1.54% to $16.0 million in 2021, then slumped by 77.76% to $3.6 million in 2022, then jumped by 198.68% to $10.6 million in 2023, then advanced by 6.14% to $11.3 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $11.3 million (Q1 2024), $10.6 million (Q4 2023), and $9.5 million (Q3 2023), per Business Quant data.
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 | Citizens & Northern | 456.12 Mn | 372.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 11.30 Mn |
| Dec 31, 2023 | 10.64 Mn |
| Sep 30, 2023 | 9.46 Mn |
| Jun 30, 2023 | 7.65 Mn |
| Mar 31, 2023 | 5.36 Mn |
| Dec 31, 2022 | 3.56 Mn |
| Sep 30, 2022 | 2.83 Mn |
| Jun 30, 2022 | 1.68 Mn |
| Mar 31, 2022 | 1.44 Mn |
| Dec 31, 2021 | 16.02 Mn |
| Sep 30, 2021 | 1.61 Mn |
| Jun 30, 2021 | 1.75 Mn |
| Mar 31, 2021 | 1.67 Mn |
| Dec 31, 2020 | 15.78 Mn |
| Sep 30, 2020 | 14.65 Mn |
| Jun 30, 2020 | 12.27 Mn |
| Mar 31, 2020 | 12.91 Mn |
| Dec 31, 2019 | 11.83 Mn |
| Sep 30, 2019 | 11.49 Mn |
| Jun 30, 2019 | 11.42 Mn |