OP Bancorp (OPBK) Non Operating Interest Expenses (2017 - 2024)
OP Bancorp (OPBK) posted Non Operating Interest Expenses of $16.9 million for Q1 2024, up 8.88% on a QoQ basis from $15.6 million in Q4 2023, and up 58.23% year-over-year from $10.7 million in Q2 2023.
Analysis
OP Bancorp (OPBK) Non Operating Interest Expenses (2017 - 2024) Analysis & Trends
OP Bancorp has reported Non Operating Interest Expenses for 8 years, with the latest figure at $16.9 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 58.23% year-over-year to $16.9 million in Q1 2024; TTM through Mar 2024 was $59.2 million, a 177.34% increase from a year earlier, with the FY2023 full-year figure at $53.0 million, up 368.79% from the prior year.
- Non Operating Interest Expenses was $16.9 million for Q1 2024 at OP Bancorp, up from $15.6 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $16.9 million in Q1 2024, with the low at $654000.0 in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $5.4 million, with a median of $2.3 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses slumped 72.84% in 2021, then jumped 1536.39% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.2 million in 2020, then sank by 39.2% to $726000.0 in 2021, then surged by 821.21% to $6.7 million in 2022, then jumped by 132.55% to $15.6 million in 2023, then increased by 8.88% to $16.9 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $16.9 million (Q1 2024), $15.6 million (Q4 2023), and $13.9 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 | 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 | OP Bancorp | 225.64 Mn | 50.59 Mn | - | - |
Historic Data
Download Data
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 |