Primis Financial (FRST) Non Operating Interest Expenses (2010 - 2024)
Primis Financial's (FRST) quarterly Non Operating Interest Expenses came in at $29.1 million in Q3 2024, up 22.75% year-over-year from $23.7 million in Q4 2023, and up 6.37% quarter-over-quarter from $27.3 million in Q2 2024.
Analysis
Primis Financial (FRST) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Primis Financial (FRST) has reported Non Operating Interest Expenses for 15 consecutive years, with $29.1 million the latest figure, recorded in Q3 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 22.75% year-over-year to $29.1 million in Q3 2024; TTM through Sep 2024 was $105.9 million, a 34.89% increase from a year earlier, with the FY2023 full-year figure at $93.9 million, up 335.02% from the prior year.
- Non Operating Interest Expenses was $29.1 million for Q3 2024 at Primis Financial, up from $27.3 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $29.1 million in Q3 2024 and troughed at $3.7 million in Q2 2022.
- A 5-year average of $12.7 million and a median of $6.3 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses plunged 39.64% in 2020 and surged 633.24% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $6.3 million in 2020, then tumbled by 31.97% to $4.3 million in 2021, then soared by 111.68% to $9.0 million in 2022, then jumped by 170.54% to $24.4 million in 2023, then grew by 19.18% to $29.1 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $29.1 million (Q3 2024), $27.3 million (Q2 2024), and $25.1 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 | 448.38 Bn | 568.32 Bn | - | -538.61 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Primis Financial | 406.21 Mn | 229.06 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 29.09 Mn |
| Jun 30, 2024 | 27.35 Mn |
| Mar 31, 2024 | 25.08 Mn |
| Dec 31, 2023 | 24.41 Mn |
| Sep 30, 2023 | 23.70 Mn |
| Jun 30, 2023 | 26.87 Mn |
| Mar 31, 2023 | 18.94 Mn |
| Dec 31, 2022 | 9.02 Mn |
| Sep 30, 2022 | 5.16 Mn |
| Jun 30, 2022 | 3.66 Mn |
| Mar 31, 2022 | 3.74 Mn |
| Dec 31, 2021 | 4.26 Mn |
| Sep 30, 2021 | 4.59 Mn |
| Jun 30, 2021 | 4.83 Mn |
| Mar 31, 2021 | 5.35 Mn |
| Dec 31, 2020 | 6.27 Mn |
| Sep 30, 2020 | 5.71 Mn |
| Jun 30, 2020 | 6.20 Mn |
| Mar 31, 2020 | 7.97 Mn |
| Dec 31, 2019 | 8.69 Mn |