S&T Bancorp (STBA) Non Operating Interest Expenses (2010 - 2024)
S&T Bancorp's (STBA) quarterly Non Operating Interest Expenses came in at $45.2 million in Q2 2024, up 54.64% on a YoY basis from $29.2 million in Q3 2023, and up 2.02% quarter-over-quarter from $44.3 million in Q1 2024.
Analysis
S&T Bancorp (STBA) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
S&T Bancorp (STBA) has reported Non Operating Interest Expenses for 15 consecutive years, with $45.2 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 54.64% year-over-year to $45.2 million; the trailing twelve-month figure through Jun 2024 stood at $166.6 million (up 133.0% YoY), and the FY2023 full-year result was $128.5 million, up 414.62% from the prior year.
- Non Operating Interest Expenses improved to $45.2 million in Q2 2024 per STBA's latest filing, from $44.3 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $45.2 million in Q2 2024 and bottomed at $2.4 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $16.5 million across 5 years, with a median of $9.0 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 76.52% in 2021, then soared 1114.55% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $5.6 million in 2020, then tumbled by 52.01% to $2.7 million in 2021, then jumped by 424.66% to $14.2 million in 2022, then surged by 193.97% to $41.6 million in 2023, then gained by 8.59% to $45.2 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $45.2 million, $44.3 million, and $41.6 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
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 | S&T Bancorp | 1.77 Bn | 538.67 Mn | 2.82 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 45.17 Mn |
| Mar 31, 2024 | 44.28 Mn |
| Dec 31, 2023 | 41.60 Mn |
| Sep 30, 2023 | 35.57 Mn |
| Jun 30, 2023 | 29.21 Mn |
| Mar 31, 2023 | 22.11 Mn |
| Dec 31, 2022 | 14.15 Mn |
| Sep 30, 2022 | 6.04 Mn |
| Jun 30, 2022 | 2.41 Mn |
| Mar 31, 2022 | 2.38 Mn |
| Dec 31, 2021 | 2.70 Mn |
| Sep 30, 2021 | 3.06 Mn |
| Jun 30, 2021 | 3.27 Mn |
| Mar 31, 2021 | 4.12 Mn |
| Dec 31, 2020 | 5.62 Mn |
| Sep 30, 2020 | 7.57 Mn |
| Jun 30, 2020 | 10.33 Mn |
| Mar 31, 2020 | 17.55 Mn |
| Dec 31, 2019 | 18.05 Mn |
| Sep 30, 2019 | 18.62 Mn |