Lcnb (LCNB) Non Operating Interest Expenses (2011 - 2024)
Lcnb's (LCNB) quarterly Non Operating Interest Expenses came in at $11.7 million in Q2 2024, up 159.57% on a YoY basis from $4.5 million in Q3 2023, and up 8.15% quarter-over-quarter from $10.9 million in Q1 2024.
Analysis
Lcnb (LCNB) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Lcnb (LCNB) has reported Non Operating Interest Expenses for 14 consecutive years, with $11.7 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 159.57% year-over-year to $11.7 million; the trailing twelve-month figure through Jun 2024 stood at $37.4 million (up 231.4% YoY), and the FY2023 full-year result was $23.2 million, up 393.53% from the prior year.
- Non Operating Interest Expenses improved to $11.7 million in Q2 2024 per LCNB's latest filing, from $10.9 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $11.7 million in Q2 2024 and bottomed at $879000.0 in Q4 2021.
- Historically, Non Operating Interest Expenses has averaged $3.5 million across 5 years, with a median of $1.7 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses sank 51.09% in 2021, then jumped 472.53% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.4 million in 2020, then sank by 38.62% to $879000.0 in 2021, then soared by 71.9% to $1.5 million in 2022, then surged by 472.53% to $8.7 million in 2023, then jumped by 35.8% to $11.7 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $11.7 million, $10.9 million, and $8.7 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Lcnb | 269.85 Mn | 244.99 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 11.75 Mn |
| Mar 31, 2024 | 10.86 Mn |
| Dec 31, 2023 | 8.65 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Jun 30, 2023 | 4.53 Mn |
| Mar 31, 2023 | 3.98 Mn |
| Dec 31, 2022 | 1.51 Mn |
| Sep 30, 2022 | 1.26 Mn |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 899,000.00 |
| Dec 31, 2021 | 879,000.00 |
| Sep 30, 2021 | 951,000.00 |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | 1.16 Mn |
| Dec 31, 2020 | 1.43 Mn |
| Sep 30, 2020 | 1.79 Mn |
| Jun 30, 2020 | 1.96 Mn |
| Mar 31, 2020 | 2.38 Mn |
| Dec 31, 2019 | 2.58 Mn |
| Sep 30, 2019 | 2.75 Mn |