Third Coast Bancshares (TCBX) Non Operating Interest Expenses (2020 - 2024)
Third Coast Bancshares' (TCBX) quarterly Non Operating Interest Expenses came in at $42.4 million in Q2 2024, up 48.05% year-over-year from $28.6 million in Q3 2023, and up 3.85% quarter-over-quarter from $40.8 million in Q1 2024.
Third Coast Bancshares (TCBX) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends
Third Coast Bancshares (TCBX) has reported Non Operating Interest Expenses for 5 consecutive years, with $42.4 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 48.05% year-over-year to $42.4 million in Q2 2024; TTM through Jun 2024 was $157.0 million, a 87.12% increase from a year earlier, with the FY2023 full-year figure at $127.0 million, up 238.79% from the prior year.
- Non Operating Interest Expenses was $42.4 million for Q2 2024 at Third Coast Bancshares, up from $40.8 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $42.4 million in Q2 2024 and troughed at $2.0 million in Q1 2022.
- A 5-year average of $15.1 million and a median of $4.4 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses plunged 35.86% in 2021 and soared 1143.62% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $3.2 million in 2020, then sank by 35.86% to $2.0 million in 2021, then jumped by 830.92% to $19.0 million in 2022, then jumped by 109.14% to $39.7 million in 2023, then grew by 6.62% to $42.4 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $42.4 million (Q2 2024), $40.8 million (Q1 2024), and $39.7 million (Q4 2023), per Business Quant data.
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 | Third Coast Bancshares | 736.45 Mn | 159.01 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 42.37 Mn |
| Mar 31, 2024 | 40.80 Mn |
| Dec 31, 2023 | 39.74 Mn |
| Sep 30, 2023 | 34.12 Mn |
| Jun 30, 2023 | 28.62 Mn |
| Mar 31, 2023 | 24.55 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | 11.75 Mn |
| Jun 30, 2022 | 4.77 Mn |
| Mar 31, 2022 | 1.97 Mn |
| Dec 31, 2021 | 2.04 Mn |
| Sep 30, 2021 | 2.40 Mn |
| Jun 30, 2021 | 2.72 Mn |
| Mar 31, 2021 | 2.91 Mn |
| Dec 31, 2020 | 3.18 Mn |
| Sep 30, 2020 | 3.54 Mn |
| Jun 30, 2020 | 3.59 Mn |
| Mar 31, 2020 | 4.05 Mn |
Third Coast 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=TCBX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "TCBX", "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=TCBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();