Horizon Bancorp (HBNC) Non Operating Interest Expenses (2010 - 2024)
Horizon Bancorp (HBNC) posted Non Operating Interest Expenses of $42.0 million for Q1 2024, up 1.74% on a QoQ basis from $41.3 million in Q4 2023, and up 58.04% year-over-year from $26.6 million in Q2 2023.
Analysis
Horizon Bancorp (HBNC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Horizon Bancorp has reported Non Operating Interest Expenses for 15 years, with the latest figure at $42.0 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 58.04% year-over-year to $42.0 million in Q1 2024; TTM through Mar 2024 was $152.0 million, a 156.87% increase from a year earlier, with the FY2024 full-year figure at $7.9 million, down 94.21% from the prior year.
- Non Operating Interest Expenses was $42.0 million for Q1 2024 at Horizon Bancorp, up from $41.3 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $42.0 million in Q1 2024, with the low at $3.9 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $15.8 million, with a median of $9.6 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 56.91% in 2021, then surged 579.14% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $9.6 million in 2020, then slumped by 56.91% to $4.1 million in 2021, then jumped by 344.35% to $18.4 million in 2022, then jumped by 124.16% to $41.3 million in 2023, then increased by 1.74% to $42.0 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $42.0 million (Q1 2024), $41.3 million (Q4 2023), and $38.0 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 | 946.00 Bn | 946.00 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.06 Bn | 61.06 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.12 Bn | 25.40 Bn | - | - |
| 4 | M&T Bank | 34.45 Bn | 34.45 Bn | - | - |
| 5 | Huntington Bancshares | 33.24 Bn | 28.71 Bn | - | - |
| 6 | Citizens Financial | 29.07 Bn | 29.07 Bn | - | - |
| 7 | Regions Financial | 25.28 Bn | 25.28 Bn | - | - |
| 8 | First Citizens Bancshares | 24.49 Bn | 23.97 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.08 Bn | -24.62 Bn | - | - |
| 10 | Horizon Bancorp | 989.99 Mn | 768.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 41.98 Mn |
| Dec 31, 2023 | 41.26 Mn |
| Sep 30, 2023 | 38.04 Mn |
| Jun 30, 2023 | 30.71 Mn |
| Mar 31, 2023 | 26.56 Mn |
| Dec 31, 2022 | 18.41 Mn |
| Sep 30, 2022 | 9.64 Mn |
| Jun 30, 2022 | 4.56 Mn |
| Mar 31, 2022 | 3.91 Mn |
| Dec 31, 2021 | 4.14 Mn |
| Sep 30, 2021 | 4.32 Mn |
| Jun 30, 2021 | 4.79 Mn |
| Mar 31, 2021 | 5.05 Mn |
| Dec 31, 2020 | 9.61 Mn |
| Sep 30, 2020 | 6.75 Mn |
| Jun 30, 2020 | 7.35 Mn |
| Mar 31, 2020 | 10.73 Mn |
| Dec 31, 2019 | 11.88 Mn |
| Sep 30, 2019 | 12.25 Mn |
| Jun 30, 2019 | 12.32 Mn |