First Guaranty Bancshares, Inc. (FGBIP) Non Operating Interest Expenses (2010 - 2024)

First Guaranty Bancshares (FGBIP) has reported Non Operating Interest Expenses for 15 consecutive years, with $31.0 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 63.21% year-over-year to $31.0 million; the trailing twelve-month figure through Mar 2024 stood at $110.3 million (up 120.5% YoY), and the FY2023 full-year result was $98.3 million, up 169.08% from the prior year.
• Non Operating Interest Expenses rose to $31.0 million in Q1 2024 per FGBIP's latest filing, from $29.3 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $31.0 million in Q1 2024 and bottomed at $5.4 million in Q4 2021.
• Historically, Non Operating Interest Expenses has averaged $12.6 million across 5 years, with a median of $6.5 million in 2020.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses retreated 23.62% in 2021, then jumped 267.06% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $5.9 million in 2020, then decreased by 7.68% to $5.4 million in 2021, then soared by 176.02% to $15.0 million in 2022, then jumped by 95.03% to $29.3 million in 2023, then rose by 5.87% to $31.0 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $31.0 million, $29.3 million, and $27.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.