National Bankshares (NKSH) Non Operating Interest Expenses (2018 - 2024)
National Bankshares' (NKSH) quarterly Non Operating Interest Expenses came in at $7.8 million in Q1 2024, up 151.0% year-over-year from $3.1 million in Q2 2023, and up 10.56% quarter-over-quarter from $7.0 million in Q4 2023.
Analysis
National Bankshares (NKSH) Non Operating Interest Expenses (2018 - 2024) Analysis & Trends
National Bankshares (NKSH) has reported Non Operating Interest Expenses for 7 consecutive years, with $7.8 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 151.0% year-over-year to $7.8 million in Q1 2024; TTM through Mar 2024 was $26.2 million, a 374.63% increase from a year earlier, with the FY2023 full-year figure at $21.6 million, up 598.99% from the prior year.
- Non Operating Interest Expenses was $7.8 million for Q1 2024 at National Bankshares, up from $7.0 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $7.8 million in Q1 2024 and troughed at $647000.0 in Q2 2022.
- A 5-year average of $2.5 million and a median of $1.2 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses sank 52.39% in 2021 and jumped 731.53% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $1.0 million in 2020, then dropped by 29.72% to $719000.0 in 2021, then soared by 42.98% to $1.0 million in 2022, then surged by 584.14% to $7.0 million in 2023, then increased by 10.56% to $7.8 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $7.8 million (Q1 2024), $7.0 million (Q4 2023), and $6.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | - |
| 10 | National Bankshares | 270.02 Mn | 195.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 7.78 Mn |
| Dec 31, 2023 | 7.03 Mn |
| Sep 30, 2023 | 6.04 Mn |
| Jun 30, 2023 | 5.38 Mn |
| Mar 31, 2023 | 3.10 Mn |
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | 753,000.00 |
| Jun 30, 2022 | 647,000.00 |
| Mar 31, 2022 | 655,000.00 |
| Sep 30, 2021 | 719,000.00 |
| Jun 30, 2021 | 834,000.00 |
| Mar 31, 2021 | 855,000.00 |
| Dec 31, 2020 | 1.02 Mn |
| Sep 30, 2020 | 1.42 Mn |
| Jun 30, 2020 | 1.60 Mn |
| Mar 31, 2020 | 1.80 Mn |
| Dec 31, 2019 | 1.81 Mn |
| Sep 30, 2019 | 1.87 Mn |
| Jun 30, 2019 | 1.91 Mn |
| Mar 31, 2019 | 1.79 Mn |