RBB Bancorp (RBB) Non Operating Interest Expenses (2016 - 2024)
RBB Bancorp's (RBB) quarterly Non Operating Interest Expenses came in at $28.9 million in Q2 2024, up 15.33% on a YoY basis from $25.1 million in Q3 2023, and down 3.33% quarter-over-quarter from $29.9 million in Q1 2024.
Analysis
RBB Bancorp (RBB) Non Operating Interest Expenses (2016 - 2024) Analysis & Trends
RBB Bancorp (RBB) has reported Non Operating Interest Expenses for 9 consecutive years, with $28.9 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 15.33% year-over-year to $28.9 million; the trailing twelve-month figure through Jun 2024 stood at $116.0 million (up 76.2% YoY), and the FY2025 full-year result was $6.5 million, down 2.61% from the prior year.
- Non Operating Interest Expenses eased to $28.9 million in Q2 2024 per RBB's latest filing, from $29.9 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $29.9 million in Q1 2024 and bottomed at $5.1 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $13.8 million across 5 years, with a median of $8.5 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 41.97% in 2021, then jumped 377.82% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $7.0 million in 2020, then dropped by 25.3% to $5.2 million in 2021, then jumped by 161.68% to $13.7 million in 2022, then surged by 113.54% to $29.2 million in 2023, then declined by 0.83% to $28.9 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $28.9 million, $29.9 million, and $29.2 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | RBB Bancorp | 459.81 Mn | 176.87 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 28.92 Mn |
| Mar 31, 2024 | 29.92 Mn |
| Dec 31, 2023 | 29.16 Mn |
| Sep 30, 2023 | 27.97 Mn |
| Jun 30, 2023 | 25.08 Mn |
| Mar 31, 2023 | 19.65 Mn |
| Dec 31, 2022 | 13.66 Mn |
| Sep 30, 2022 | 7.44 Mn |
| Jun 30, 2022 | 5.25 Mn |
| Mar 31, 2022 | 5.08 Mn |
| Dec 31, 2021 | 5.22 Mn |
| Sep 30, 2021 | 5.53 Mn |
| Jun 30, 2021 | 5.91 Mn |
| Mar 31, 2021 | 6.06 Mn |
| Dec 31, 2020 | 6.99 Mn |
| Sep 30, 2020 | 7.87 Mn |
| Jun 30, 2020 | 9.07 Mn |
| Mar 31, 2020 | 10.44 Mn |
| Dec 31, 2019 | 10.78 Mn |
| Sep 30, 2019 | 11.16 Mn |