OP Bancorp (OPBK) Non Operating Interest Expenses (2017 - 2024)
OP Bancorp (OPBK) reported Non Operating Interest Expenses of $16.93 million for Q1 2024, up 58.2% from $10.7 million a year earlier and up 8.9% from the prior quarter.
OP Bancorp (OPBK) Non Operating Interest Expenses (2017 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, OP Bancorp's Non Operating Interest Expenses came in at $59.21 million, up 177.3% year-over-year; for FY2023, it was $52.98 million, up 368.8% from FY2022.
- Non Operating Interest Expenses has a five-year compound annual growth rate of 42.2% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $11.3 million in FY2022 (+260.8%), $3.13 million in FY2021 (-62.2%), $8.29 million in FY2020 (-42.8%) and $14.51 million in FY2019 (+59.2%).
- The Q1 2024 figure ranks as the highest quarterly Non Operating Interest Expenses in data going back to Q1 2017.
- Year over year, Non Operating Interest Expenses has now increased in each of the last three quarters, with growth averaging 284.9% over the last six quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q4 2022 (growth of 821.2%); the low point was Q1 2021 (a decline of 72.8%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $15.55 million (Q4 2023), $13.87 million (Q3 2023) and $12.85 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | OP Bancorp | 223.90 Mn | -445.47 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 16.93 Mn |
| Dec 31, 2023 | 15.55 Mn |
| Sep 30, 2023 | 13.87 Mn |
| Jun 30, 2023 | 12.85 Mn |
| Mar 31, 2023 | 10.70 Mn |
| Dec 31, 2022 | 6.69 Mn |
| Sep 30, 2022 | 2.89 Mn |
| Jun 30, 2022 | 1.07 Mn |
| Mar 31, 2022 | 654,000.00 |
| Dec 31, 2021 | 726,000.00 |
| Sep 30, 2021 | 766,000.00 |
| Jun 30, 2021 | 763,000.00 |
| Mar 31, 2021 | 877,000.00 |
| Dec 31, 2020 | 1.19 Mn |
| Sep 30, 2020 | 1.60 Mn |
| Jun 30, 2020 | 2.27 Mn |
| Mar 31, 2020 | 3.23 Mn |
| Dec 31, 2019 | 3.63 Mn |
| Sep 30, 2019 | 3.89 Mn |
| Jun 30, 2019 | 3.70 Mn |
OP Bancorp Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=OPBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "OPBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=OPBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();