Southside Bancshares (SBSI) Non Operating Interest Expenses (2010 - 2024)
Southside Bancshares (SBSI) posted Non Operating Interest Expenses of $50.6 million for Q2 2024, up 2.36% on a QoQ basis from $49.4 million in Q1 2024, and up 53.45% year-over-year from $33.0 million in Q3 2023.
Analysis
Southside Bancshares (SBSI) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Southside Bancshares has reported Non Operating Interest Expenses for 15 years, with the latest figure at $50.6 million in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 53.45% year-over-year to $50.6 million in Q2 2024; TTM through Jun 2024 was $184.2 million, a 104.48% increase from a year earlier, with the FY2023 full-year figure at $144.7 million, up 256.09% from the prior year.
- Non Operating Interest Expenses was $50.6 million for Q2 2024 at Southside Bancshares, up from $49.4 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $50.6 million in Q2 2024, with the low at $5.0 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $19.8 million, with a median of $11.3 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 54.76% in 2021, then soared 453.55% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $8.2 million in 2020, then slumped by 34.62% to $5.4 million in 2021, then surged by 241.22% to $18.3 million in 2022, then surged by 143.1% to $44.5 million in 2023, then grew by 13.78% to $50.6 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $50.6 million (Q2 2024), $49.4 million (Q1 2024), and $44.5 million (Q4 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 | 948.96 Bn | 948.96 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | - |
| 10 | Southside Bancshares | 956.78 Mn | 559.52 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 50.58 Mn |
| Mar 31, 2024 | 49.41 Mn |
| Dec 31, 2023 | 44.45 Mn |
| Sep 30, 2023 | 39.81 Mn |
| Jun 30, 2023 | 32.96 Mn |
| Mar 31, 2023 | 27.50 Mn |
| Dec 31, 2022 | 18.29 Mn |
| Sep 30, 2022 | 11.37 Mn |
| Jun 30, 2022 | 6.02 Mn |
| Mar 31, 2022 | 4.97 Mn |
| Dec 31, 2021 | 5.36 Mn |
| Sep 30, 2021 | 6.87 Mn |
| Jun 30, 2021 | 6.94 Mn |
| Mar 31, 2021 | 7.26 Mn |
| Dec 31, 2020 | 8.20 Mn |
| Sep 30, 2020 | 9.09 Mn |
| Jun 30, 2020 | 11.22 Mn |
| Mar 31, 2020 | 16.05 Mn |
| Dec 31, 2019 | 17.36 Mn |
| Sep 30, 2019 | 18.18 Mn |