Trico Bancshares (TCBK) Non Operating Interest Expenses (2010 - 2024)
Trico Bancshares' (TCBK) quarterly Non Operating Interest Expenses came in at $32.7 million in Q1 2024, up 241.46% on a YoY basis from $9.6 million in Q2 2023, and up 11.57% quarter-over-quarter from $29.3 million in Q4 2023.
Analysis
Trico Bancshares (TCBK) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Trico Bancshares (TCBK) has reported Non Operating Interest Expenses for 15 consecutive years, with $32.7 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 241.46% year-over-year to $32.7 million; the trailing twelve-month figure through Mar 2024 stood at $104.8 million (up 487.73% YoY), and the FY2023 full-year result was $81.7 million, up 757.14% from the prior year.
- Non Operating Interest Expenses rose to $32.7 million in Q1 2024 per TCBK's latest filing, from $29.3 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $32.7 million in Q1 2024 and bottomed at $1.2 million in Q4 2021.
- Historically, Non Operating Interest Expenses has averaged $8.2 million across 5 years, with a median of $2.3 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 55.61% in 2021, then surged 973.32% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.7 million in 2020, then retreated by 25.2% to $1.2 million in 2021, then surged by 229.49% to $4.1 million in 2022, then surged by 616.36% to $29.3 million in 2023, then rose by 11.57% to $32.7 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $32.7 million, $29.3 million, and $24.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Trico Bancshares | 1.71 Bn | 2.51 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 32.68 Mn |
| Dec 31, 2023 | 29.29 Mn |
| Sep 30, 2023 | 24.26 Mn |
| Jun 30, 2023 | 18.56 Mn |
| Mar 31, 2023 | 9.57 Mn |
| Dec 31, 2022 | 4.09 Mn |
| Sep 30, 2022 | 2.26 Mn |
| Jun 30, 2022 | 1.91 Mn |
| Mar 31, 2022 | 1.27 Mn |
| Dec 31, 2021 | 1.24 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Jun 30, 2021 | 1.40 Mn |
| Mar 31, 2021 | 1.48 Mn |
| Dec 31, 2020 | 1.66 Mn |
| Sep 30, 2020 | 1.98 Mn |
| Jun 30, 2020 | 2.49 Mn |
| Mar 31, 2020 | 3.33 Mn |
| Dec 31, 2019 | 3.72 Mn |
| Sep 30, 2019 | 4.20 Mn |
| Jun 30, 2019 | 3.87 Mn |