River Financial (RVRF) Non Operating Interest Expenses (2014 - 2024)
River Financial's (RVRF) quarterly Non Operating Interest Expenses came in at $19.0 million in Q2 2024, up 53.73% year-over-year from $12.4 million in Q3 2023, and up 8.97% quarter-over-quarter from $17.5 million in Q1 2024.
Analysis
River Financial (RVRF) Non Operating Interest Expenses (2014 - 2024) Analysis & Trends
River Financial has disclosed Non Operating Interest Expenses across 11 years of filings, most recently posting $19.0 million for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses rose 53.73% year-over-year to $19.0 million; the TTM figure through Jun 2024 stood at $67.4 million (up 128.72% YoY), while the FY2023 annual figure was $53.0 million, up 430.32% from the prior year.
- Non Operating Interest Expenses came in at $19.0 million for Q2 2024 at River Financial, up from $17.5 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $19.0 million in Q2 2024 to a low of $1.2 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $6.3 million, with a median of $2.0 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses slumped 39.46% in 2021 and jumped 898.39% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.6 million in 2020, then slipped by 19.6% to $1.3 million in 2021, then jumped by 334.97% to $5.7 million in 2022, then surged by 183.71% to $16.3 million in 2023, then advanced by 16.65% to $19.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $19.0 million in Q2 2024, $17.5 million in Q1 2024, and $16.3 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 943.94 Bn | 943.94 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.39 Bn | 61.39 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.36 Bn | 25.64 Bn | - | - |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | - |
| 5 | Huntington Bancshares | 33.61 Bn | 29.08 Bn | - | - |
| 6 | Citizens Financial | 29.28 Bn | 29.28 Bn | - | - |
| 7 | Regions Financial | 25.41 Bn | 25.41 Bn | - | - |
| 8 | First Citizens Bancshares | 24.74 Bn | 24.22 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.23 Bn | -24.47 Bn | - | - |
| 10 | River Financial | 365.57 Mn | 212.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 19.02 Mn |
| Mar 31, 2024 | 17.45 Mn |
| Dec 31, 2023 | 16.30 Mn |
| Sep 30, 2023 | 14.67 Mn |
| Jun 30, 2023 | 12.37 Mn |
| Mar 31, 2023 | 9.61 Mn |
| Dec 31, 2022 | 5.75 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 1.24 Mn |
| Mar 31, 2022 | 1.24 Mn |
| Dec 31, 2021 | 1.32 Mn |
| Sep 30, 2021 | 1.39 Mn |
| Jun 30, 2021 | 1.46 Mn |
| Mar 31, 2021 | 1.47 Mn |
| Dec 31, 2020 | 1.64 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | 2.06 Mn |
| Mar 31, 2020 | 2.43 Mn |
| Dec 31, 2019 | 2.34 Mn |
| Sep 30, 2019 | 2.15 Mn |