Inter (INTR) Rent Expense (2021 - 2023)
Inter's (INTR) quarterly Rent Expense came in at $2.5 million in Q3 2023, up 17.28% YoY from $2.2 million in Q3 2022, and down 48.38% on a QoQ basis from $4.9 million in Q2 2023.
Inter (INTR) Rent Expense (2021 - 2023) Analysis & Trends
Inter (INTR) has 3 years of Rent Expense data on file, last reported at $2.5 million in Q3 2023.
- Quarterly Rent Expense rose 17.28% year-over-year to $2.5 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $12.0 million (down 1.03% YoY) and the FY2022 annual result came in at $8.6 million, up 62.2% from the prior year.
- Rent Expense slipped to $2.5 million in Q3 2023, from $4.9 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $4.9 million in Q2 2023 to a low of $2.0 million in Q1 2022.
- A 3-year average of $3.0 million and a median of $2.4 million in 2023 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense slumped 40.28% — and 2023, when it climbed 17.28%.
- Tracing INTR's Rent Expense over 3 years: stood at $3.6 million in 2021, then sank by 37.99% to $2.2 million in 2022, then gained by 12.96% to $2.5 million in 2023.
- The last three Rent Expense figures came in at $2.5 million (Q3 2023), $4.9 million (Q2 2023), and $2.3 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Inter | 2.30 Bn | 1.68 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.54 Mn |
| Sep 30, 2023 | 2.54 Mn |
| Jun 30, 2023 | 4.92 Mn |
| Jun 30, 2023 | 4.92 Mn |
| Mar 31, 2023 | 2.28 Mn |
| Mar 31, 2023 | 2.28 Mn |
| Dec 31, 2022 | 2.25 Mn |
| Dec 31, 2022 | 2.25 Mn |
| Sep 30, 2022 | 2.17 Mn |
| Sep 30, 2022 | 2.17 Mn |
| Jun 30, 2022 | 4.34 Mn |
| Jun 30, 2022 | 4.34 Mn |
| Mar 31, 2022 | 1.99 Mn |
| Mar 31, 2022 | 1.99 Mn |
| Sep 30, 2021 | 3.63 Mn |
| Sep 30, 2021 | 3.63 Mn |