Inter (INTR) Rent Expense (2021 - 2023)
Inter's (INTR) quarterly Rent Expense came in at $2.5 million in Q3 2023, up 17.28% on a YoY basis from $2.2 million in Q3 2022, and down 48.38% quarter-over-quarter from $4.9 million in Q2 2023.
Analysis
Inter (INTR) Rent Expense (2021 - 2023) Analysis & Trends
Inter (INTR) has reported Rent Expense for 3 consecutive years, with $2.5 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Rent Expense rose 17.28% year-over-year to $2.5 million; the trailing twelve-month figure through Sep 2023 stood at $10.0 million (down 17.34% YoY), and the FY2022 full-year result was $8.6 million, up 68.0% from the prior year.
- Rent Expense fell to $2.5 million in Q3 2023 per INTR's latest filing, from $4.9 million in the prior quarter.
- Across five years, Rent Expense topped out at $4.9 million in Q2 2023 and bottomed at $272014.7 in Q4 2022.
- Historically, Rent Expense has averaged $2.8 million across 3 years, with a median of $2.4 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Rent Expense tumbled 40.28% in 2022, then grew 17.28% in 2023.
- Over 3 years, Rent Expense stood at $3.6 million in 2021, then slumped by 92.5% to $272014.7 in 2022, then soared by 834.01% to $2.5 million in 2023.
- According to Business Quant data, Rent Expense over the past three periods registered $2.5 million, $4.9 million, and $2.3 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 482.00 Mn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 244.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 316.29 Mn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 803.00 Mn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 360.03 Mn |
| 10 | Inter | 2.55 Bn | 2.55 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.54 Mn |
| Jun 30, 2023 | 4.92 Mn |
| Mar 31, 2023 | 2.28 Mn |
| Dec 31, 2022 | 272,014.73 |
| Sep 30, 2022 | 2.17 Mn |
| Jun 30, 2022 | 4.34 Mn |
| Mar 31, 2022 | 1.99 Mn |
| Sep 30, 2021 | 3.63 Mn |