Seacoast Banking Corp Of Florida (SBCF) Non Operating Interest Expenses (2010 - 2024)
Seacoast Banking Corp Of Florida's (SBCF) quarterly Non Operating Interest Expenses came in at $70.6 million in Q1 2024, up 163.15% year-over-year from $26.8 million in Q2 2023, and up 6.95% quarter-over-quarter from $66.0 million in Q4 2023.
Analysis
Seacoast Banking Corp Of Florida (SBCF) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Seacoast Banking Corp Of Florida (SBCF) has reported Non Operating Interest Expenses for 15 consecutive years, with $70.6 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 163.15% year-over-year to $70.6 million in Q1 2024; TTM through Mar 2024 was $244.5 million, a 519.66% increase from a year earlier, with the FY2023 full-year figure at $200.7 million, up 1300.61% from the prior year.
- Non Operating Interest Expenses was $70.6 million for Q1 2024 at Seacoast Banking Corp Of Florida, up from $66.0 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $70.6 million in Q1 2024 and troughed at $1.7 million in Q4 2021.
- A 5-year average of $18.7 million and a median of $4.6 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses slumped 72.29% in 2021 and jumped 2151.19% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $3.9 million in 2020, then plunged by 57.51% to $1.7 million in 2021, then soared by 347.67% to $7.4 million in 2022, then jumped by 792.38% to $66.0 million in 2023, then gained by 6.95% to $70.6 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $70.6 million (Q1 2024), $66.0 million (Q4 2023), and $60.5 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 | Seacoast Banking Corp Of Florida | 3.27 Bn | 2.84 Bn | -2.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 70.63 Mn |
| Dec 31, 2023 | 66.04 Mn |
| Sep 30, 2023 | 60.54 Mn |
| Jun 30, 2023 | 47.32 Mn |
| Mar 31, 2023 | 26.84 Mn |
| Dec 31, 2022 | 7.40 Mn |
| Sep 30, 2022 | 3.12 Mn |
| Jun 30, 2022 | 2.10 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Dec 31, 2021 | 1.65 Mn |
| Sep 30, 2021 | 1.89 Mn |
| Jun 30, 2021 | 1.96 Mn |
| Mar 31, 2021 | 2.72 Mn |
| Dec 31, 2020 | 3.89 Mn |
| Sep 30, 2020 | 4.64 Mn |
| Jun 30, 2020 | 5.95 Mn |
| Mar 31, 2020 | 9.82 Mn |
| Dec 31, 2019 | 10.53 Mn |
| Sep 30, 2019 | 11.88 Mn |
| Jun 30, 2019 | 12.10 Mn |