Metropolitan Bank Holding (MCB) Non Operating Interest Expenses (2016 - 2024)
Metropolitan Bank Holding's (MCB) quarterly Non Operating Interest Expenses came in at $52.6 million in Q1 2024, up 112.81% year-over-year from $24.7 million in Q2 2023, and up 9.02% quarter-over-quarter from $48.3 million in Q4 2023.
Analysis
Metropolitan Bank Holding (MCB) Non Operating Interest Expenses (2016 - 2024) Analysis & Trends
Metropolitan Bank Holding has disclosed Non Operating Interest Expenses across 9 years of filings, most recently posting $52.6 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 112.81% year-over-year to $52.6 million; the TTM figure through Mar 2024 stood at $180.5 million (up 247.24% YoY), while the FY2023 annual figure was $152.6 million, up 383.1% from the prior year.
- Non Operating Interest Expenses came in at $52.6 million for Q1 2024 at Metropolitan Bank Holding, up from $48.3 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $52.6 million in Q1 2024 to a low of $3.4 million in Q4 2020.
- Average Non Operating Interest Expenses over 5 years is $16.0 million, with a median of $4.3 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses sank 61.65% in 2020 and soared 813.56% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $3.4 million in 2020, then grew by 26.66% to $4.3 million in 2021, then surged by 287.33% to $16.7 million in 2022, then soared by 189.84% to $48.3 million in 2023, then climbed by 9.02% to $52.6 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $52.6 million in Q1 2024, $48.3 million in Q4 2023, and $44.3 million in Q3 2023.
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 | Metropolitan Bank Holding | 1.12 Bn | 880.17 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 52.63 Mn |
| Dec 31, 2023 | 48.27 Mn |
| Sep 30, 2023 | 44.34 Mn |
| Jun 30, 2023 | 35.23 Mn |
| Mar 31, 2023 | 24.73 Mn |
| Dec 31, 2022 | 16.66 Mn |
| Sep 30, 2022 | 6.73 Mn |
| Jun 30, 2022 | 3.86 Mn |
| Mar 31, 2022 | 4.34 Mn |
| Dec 31, 2021 | 4.30 Mn |
| Sep 30, 2021 | 4.23 Mn |
| Jun 30, 2021 | 4.08 Mn |
| Mar 31, 2021 | 3.68 Mn |
| Dec 31, 2020 | 3.40 Mn |
| Sep 30, 2020 | 3.62 Mn |
| Jun 30, 2020 | 4.06 Mn |
| Mar 31, 2020 | 7.10 Mn |
| Dec 31, 2019 | 8.42 Mn |
| Sep 30, 2019 | 9.44 Mn |
| Jun 30, 2019 | 7.89 Mn |