Provident Financial Holdings (PROV) Non Operating Interest Expenses (2010 - 2024)
Provident Financial Holdings' (PROV) quarterly Non Operating Interest Expenses came in at $5.2 million in Q1 2024, up 101.3% on a YoY basis from $2.6 million in Q2 2023, and up 7.3% quarter-over-quarter from $4.9 million in Q4 2023.
Analysis
Provident Financial Holdings (PROV) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Provident Financial Holdings (PROV) has reported Non Operating Interest Expenses for 15 consecutive years, with $5.2 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 101.3% year-over-year to $5.2 million; the trailing twelve-month figure through Mar 2024 stood at $18.0 million (up 198.64% YoY), and the FY2023 full-year result was $9.0 million, up 187.3% from the prior year.
- Non Operating Interest Expenses grew to $5.2 million in Q1 2024 per PROV's latest filing, from $4.9 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $5.2 million in Q1 2024 and bottomed at $709000.0 in Q2 2022.
- Historically, Non Operating Interest Expenses has averaged $2.0 million across 5 years, with a median of $1.4 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 36.82% in 2021, then soared 419.18% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.3 million in 2020, then sank by 33.28% to $848000.0 in 2021, then jumped by 110.61% to $1.8 million in 2022, then jumped by 173.85% to $4.9 million in 2023, then increased by 7.3% to $5.2 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $5.2 million, $4.9 million, and $4.2 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 | TFS Financial | 4.77 Bn | 4.27 Bn | - | 34.97 Mn |
| 2 | Columbia Financial | 1.17 Bn | 882.49 Mn | - | 648,000.00 |
| 3 | Capitol Federal Financial | 1.08 Bn | 948.36 Mn | - | 1.37 Mn |
| 4 | Trustco Bank Corp N Y | 1.00 Bn | 297.99 Mn | - | 586,000.00 |
| 5 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - | - |
| 6 | Kearny Financial | 615.46 Mn | 500.64 Mn | - | - |
| 7 | Greene County Bancorp | 595.60 Mn | 212.73 Mn | - | 111,000.00 |
| 8 | NorthEast Community Bancorp | 368.57 Mn | 267.83 Mn | - | 43,000.00 |
| 9 | Western New England Bancorp | 269.33 Mn | 231.00 Mn | - | 457,000.00 |
| 10 | Provident Financial Holdings | 119.91 Mn | 70.70 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 5.25 Mn |
| Dec 31, 2023 | 4.89 Mn |
| Sep 30, 2023 | 4.20 Mn |
| Jun 30, 2023 | 3.68 Mn |
| Mar 31, 2023 | 2.61 Mn |
| Dec 31, 2022 | 1.79 Mn |
| Sep 30, 2022 | 933,000.00 |
| Jun 30, 2022 | 709,000.00 |
| Mar 31, 2022 | 720,000.00 |
| Dec 31, 2021 | 848,000.00 |
| Sep 30, 2021 | 858,000.00 |
| Jun 30, 2021 | 965,000.00 |
| Mar 31, 2021 | 973,000.00 |
| Dec 31, 2020 | 1.27 Mn |
| Sep 30, 2020 | 1.35 Mn |
| Jun 30, 2020 | 1.44 Mn |
| Mar 31, 2020 | 1.54 Mn |
| Dec 31, 2019 | 1.58 Mn |
| Sep 30, 2019 | 1.50 Mn |
| Jun 30, 2019 | 1.44 Mn |