ServisFirst Bancshares (SFBS) Non Operating Interest Expenses (2010 - 2024)
ServisFirst Bancshares (SFBS) posted Non Operating Interest Expenses of $124.2 million for Q1 2024, down 2.48% on a QoQ basis from $127.4 million in Q4 2023, and up 70.11% year-over-year from $73.0 million in Q2 2023.
Analysis
ServisFirst Bancshares (SFBS) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
ServisFirst Bancshares has reported Non Operating Interest Expenses for 15 years, with the latest figure at $124.2 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 70.11% year-over-year to $124.2 million in Q1 2024; TTM through Mar 2024 was $453.5 million, a 194.52% increase from a year earlier, with the FY2023 full-year figure at $402.3 million, up 354.98% from the prior year.
- Non Operating Interest Expenses was $124.2 million for Q1 2024 at ServisFirst Bancshares, down from $127.4 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $127.4 million in Q4 2023, with the low at $7.5 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $41.0 million, with a median of $11.8 million recorded in 2020.
- The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses slumped 60.79% in 2020, then jumped 878.05% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $9.0 million in 2020, then slipped by 13.13% to $7.8 million in 2021, then jumped by 513.65% to $47.9 million in 2022, then surged by 165.98% to $127.4 million in 2023, then fell by 2.48% to $124.2 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $124.2 million (Q1 2024), $127.4 million (Q4 2023), and $113.5 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 | 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 | ServisFirst Bancshares | 4.62 Bn | 3.16 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 124.22 Mn |
| Dec 31, 2023 | 127.38 Mn |
| Sep 30, 2023 | 113.51 Mn |
| Jun 30, 2023 | 88.41 Mn |
| Mar 31, 2023 | 73.02 Mn |
| Dec 31, 2022 | 47.89 Mn |
| Sep 30, 2022 | 22.88 Mn |
| Jun 30, 2022 | 10.19 Mn |
| Mar 31, 2022 | 7.47 Mn |
| Dec 31, 2021 | 7.80 Mn |
| Sep 30, 2021 | 7.92 Mn |
| Jun 30, 2021 | 8.05 Mn |
| Mar 31, 2021 | 8.03 Mn |
| Dec 31, 2020 | 8.98 Mn |
| Sep 30, 2020 | 11.03 Mn |
| Jun 30, 2020 | 11.85 Mn |
| Mar 31, 2020 | 19.13 Mn |
| Dec 31, 2019 | 22.41 Mn |
| Sep 30, 2019 | 28.13 Mn |
| Jun 30, 2019 | 27.70 Mn |