Southside Bancshares (SBSI) Non Operating Interest Expenses (2010 - 2024)
Southside Bancshares (SBSI) posted Non Operating Interest Expenses of $50.58 million for Q2 2024, up 53.5% from $32.96 million a year earlier and up 2.4% from the prior quarter.
Southside Bancshares (SBSI) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Non Operating Interest Expenses at Southside Bancshares was $184.25 million, up 104.5% year-over-year; for FY2023, it came in at $144.71 million, up 256.1% from FY2022.
- Annual Non Operating Interest Expenses shows a five-year compound annual growth rate of 20.4% (FY2018 to FY2023).
- In prior years, Southside Bancshares' Non Operating Interest Expenses was $40.64 million in FY2022 (+53.8%), $26.43 million in FY2021 (-40.7%), $44.56 million in FY2020 (-37.2%) and $70.98 million in FY2019 (+24.3%).
- The Q2 2024 figure stands as the highest quarterly Non Operating Interest Expenses in data going back to Q1 2010.
- On a year-over-year basis, Non Operating Interest Expenses has increased in each of the last eight quarters, with growth averaging 216.8% over the last eight quarters.
- The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q1 2023, with growth of 453.6%; the weakest was Q1 2021, with a decline of 54.8%.
- According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $49.41 million (Q1 2024), $44.45 million (Q4 2023) and $39.81 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 886.05 Bn | 915.53 Bn | - | - |
| 2 | Banco Santander Chile | 409.93 Bn | 529.88 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 377.01 Bn | -1,999.06 Bn | - | - |
| 4 | Hsbc Holdings | 329.11 Bn | 329.16 Bn | - | - |
| 5 | Morgan Stanley | 295.54 Bn | -213.55 Bn | - | - |
| 6 | Royal Bank Of Canada | 273.59 Bn | 124.33 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 268.33 Bn | -1,320.16 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 261.29 Bn | -3,295.82 Bn | - | - |
| 9 | Wells Fargo & Company | 243.13 Bn | 245.26 Bn | - | - |
| 10 | Southside Bancshares | 908.55 Mn | -732.88 Mn | - | - |
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 |
Southside Bancshares Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=SBSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "SBSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=SBSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();