ECB Bancorp (ECBK) Non Operating Interest Expenses (2021 - 2024)
ECB Bancorp's (ECBK) quarterly Non Operating Interest Expenses came in at $10.9 million in Q3 2024, up 34.46% year-over-year from $8.1 million in Q4 2023, and up 4.73% quarter-over-quarter from $10.4 million in Q2 2024.
Analysis
ECB Bancorp (ECBK) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
ECB Bancorp (ECBK) has reported Non Operating Interest Expenses for 4 consecutive years, with $10.9 million the latest figure, recorded in Q3 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 34.46% year-over-year to $10.9 million in Q3 2024; TTM through Sep 2024 was $40.0 million, a 67.3% increase from a year earlier, with the FY2023 full-year figure at $30.0 million, up 443.72% from the prior year.
- Non Operating Interest Expenses was $10.9 million for Q3 2024 at ECB Bancorp, up from $10.4 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $10.9 million in Q3 2024 and troughed at $690000.0 in Q1 2022.
- A 4-year average of $4.7 million and a median of $2.9 million in 2022 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses slumped 35.69% in 2022 and soared 893.42% in 2023, its largest moves.
- Over 4 years, Non Operating Interest Expenses stood at $777000.0 in 2021, then jumped by 269.76% to $2.9 million in 2022, then surged by 211.8% to $9.0 million in 2023, then grew by 21.28% to $10.9 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $10.9 million (Q3 2024), $10.4 million (Q2 2024), and $9.8 million (Q1 2024), 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 | 943.94 Bn | 943.94 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.39 Bn | 61.39 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.36 Bn | 25.64 Bn | - | - |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | - |
| 5 | Huntington Bancshares | 33.61 Bn | 29.08 Bn | - | - |
| 6 | Citizens Financial | 29.28 Bn | 29.28 Bn | - | - |
| 7 | Regions Financial | 25.41 Bn | 25.41 Bn | - | - |
| 8 | First Citizens Bancshares | 24.74 Bn | 24.22 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.23 Bn | -24.47 Bn | - | - |
| 10 | ECB Bancorp | 162.21 Mn | -82.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 10.86 Mn |
| Jun 30, 2024 | 10.37 Mn |
| Mar 31, 2024 | 9.79 Mn |
| Dec 31, 2023 | 8.96 Mn |
| Sep 30, 2023 | 8.08 Mn |
| Jun 30, 2023 | 7.25 Mn |
| Mar 31, 2023 | 5.70 Mn |
| Dec 31, 2022 | 2.87 Mn |
| Sep 30, 2022 | 1.22 Mn |
| Jun 30, 2022 | 730,000.00 |
| Mar 31, 2022 | 690,000.00 |
| Dec 31, 2021 | 777,000.00 |
| Sep 30, 2021 | 870,000.00 |
| Jun 30, 2021 | 961,000.00 |
| Mar 31, 2021 | 1.07 Mn |