Nicolet Bankshares (NIC) Non Operating Interest Expenses (2012 - 2024)
Nicolet Bankshares' (NIC) quarterly Non Operating Interest Expenses came in at $41.2 million in Q1 2024, up 34.48% on a YoY basis from $30.7 million in Q2 2023, and up 4.99% quarter-over-quarter from $39.3 million in Q4 2023.
Analysis
Nicolet Bankshares (NIC) Non Operating Interest Expenses (2012 - 2024) Analysis & Trends
Nicolet Bankshares (NIC) has reported Non Operating Interest Expenses for 13 consecutive years, with $41.2 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 34.48% year-over-year to $41.2 million; the trailing twelve-month figure through Mar 2024 stood at $151.9 million (up 151.14% YoY), and the FY2025 full-year result was $7.6 million, down 12.24% from the prior year.
- Non Operating Interest Expenses climbed to $41.2 million in Q1 2024 per NIC's latest filing, from $39.3 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $41.2 million in Q1 2024 and bottomed at $2.7 million in Q2 2021.
- Historically, Non Operating Interest Expenses has averaged $15.4 million across 5 years, with a median of $5.6 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses sank 49.29% in 2021, then surged 643.51% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $4.0 million in 2020, then grew by 1.42% to $4.1 million in 2021, then soared by 333.37% to $17.7 million in 2022, then jumped by 122.28% to $39.3 million in 2023, then climbed by 4.99% to $41.2 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $41.2 million, $39.3 million, and $38.4 million for Q1 2024, Q4 2023, and Q3 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 | Nicolet Bankshares | 3.61 Bn | 3.15 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 41.22 Mn |
| Dec 31, 2023 | 39.26 Mn |
| Sep 30, 2023 | 38.41 Mn |
| Jun 30, 2023 | 33.02 Mn |
| Mar 31, 2023 | 30.66 Mn |
| Dec 31, 2022 | 17.66 Mn |
| Sep 30, 2022 | 7.73 Mn |
| Jun 30, 2022 | 4.44 Mn |
| Mar 31, 2022 | 4.12 Mn |
| Dec 31, 2021 | 4.08 Mn |
| Jun 30, 2021 | 2.74 Mn |
| Mar 31, 2021 | 3.24 Mn |
| Dec 31, 2020 | 4.02 Mn |
| Sep 30, 2020 | 4.71 Mn |
| Jun 30, 2020 | 5.40 Mn |
| Mar 31, 2020 | 5.74 Mn |
| Dec 31, 2019 | 5.72 Mn |
| Sep 30, 2019 | 5.48 Mn |
| Jun 30, 2019 | 5.63 Mn |
| Mar 31, 2019 | 5.68 Mn |