Flagstar Bank, National Association (FLG) Non Operating Interest Expenses (2009 - 2024)
Flagstar Bank, National Association's Non Operating Interest Expenses was $889 million in Q1 2024, up 85.6% from $479 million a year earlier and up 25.7% from the prior quarter.
Flagstar Bank, National Association (FLG) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Flagstar Bank, National Association's Non Operating Interest Expenses was $2.82 billion through Mar 31, 2024, up 162.0% year-over-year; for FY2023, it came in at $2.41 billion, up 246.8% from FY2022.
- Non Operating Interest Expenses shows a five-year compound annual growth rate of 29.7% (FY2018 to FY2023).
- In earlier years, Non Operating Interest Expenses was $696 million in FY2022 (+74.0%), $400 million in FY2021 (-34.2%), $608 million in FY2020 (-28.3%) and $848 million in FY2019 (+28.7%).
- The Q1 2024 figure marks the highest quarterly Non Operating Interest Expenses in data going back to Q1 2009.
- Compared with a year earlier, Non Operating Interest Expenses has increased for eight straight quarters, with growth averaging 199.1% over the last eight quarters.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q2 2023 (growth of 424.6%); the worst was Q1 2021 (a decline of 46.6%).
- Per Business Quant data, FLG's Non Operating Interest Expenses in the three quarters before Q1 2024 was $707 million (Q4 2023), $630 million (Q3 2023) and $598 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Flagstar Bank, National Association | 4.86 Bn | 4.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 889.00 Mn |
| Dec 31, 2023 | 707.00 Mn |
| Sep 30, 2023 | 630.00 Mn |
| Jun 30, 2023 | 598.00 Mn |
| Mar 31, 2023 | 479.00 Mn |
| Dec 31, 2022 | 302.00 Mn |
| Sep 30, 2022 | 183.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Mar 31, 2022 | 97.00 Mn |
| Dec 31, 2021 | 98.00 Mn |
| Sep 30, 2021 | 97.00 Mn |
| Jun 30, 2021 | 100.00 Mn |
| Mar 31, 2021 | 105.00 Mn |
| Dec 31, 2020 | 118.00 Mn |
| Sep 30, 2020 | 136.00 Mn |
| Jun 30, 2020 | 157.00 Mn |
| Mar 31, 2020 | 196.58 Mn |
| Dec 31, 2019 | 208.45 Mn |
| Sep 30, 2019 | 218.64 Mn |
| Jun 30, 2019 | 216.06 Mn |
Flagstar Bank, National Association Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=FLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "FLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=FLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();