Triumph Financial (TFIN) Non Operating Interest Expenses (2013 - 2024)
Triumph Financial's (TFIN) quarterly Non Operating Interest Expenses came in at $15.9 million in Q1 2024, up 118.21% on a YoY basis from $7.3 million in Q2 2023, and down 5.34% quarter-over-quarter from $16.8 million in Q4 2023.
Analysis
Triumph Financial (TFIN) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Triumph Financial (TFIN) has reported Non Operating Interest Expenses for 12 consecutive years, with $15.9 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 118.21% year-over-year to $15.9 million; the trailing twelve-month figure through Mar 2024 stood at $63.0 million (up 177.57% YoY), and the FY2023 full-year result was $54.3 million, up 189.87% from the prior year.
- Non Operating Interest Expenses fell to $15.9 million in Q1 2024 per TFIN's latest filing, from $16.8 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $16.8 million in Q4 2023 and bottomed at $3.4 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $8.5 million across 5 years, with a median of $6.3 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 58.7% in 2021, then surged 227.06% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $6.3 million in 2020, then tumbled by 41.3% to $3.7 million in 2021, then jumped by 49.3% to $5.6 million in 2022, then jumped by 202.48% to $16.8 million in 2023, then slipped by 5.34% to $15.9 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $15.9 million, $16.8 million, and $16.2 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 | 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 | Triumph Financial | 1.57 Bn | 672.69 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 15.91 Mn |
| Dec 31, 2023 | 16.81 Mn |
| Sep 30, 2023 | 16.21 Mn |
| Jun 30, 2023 | 14.04 Mn |
| Mar 31, 2023 | 7.29 Mn |
| Dec 31, 2022 | 5.56 Mn |
| Sep 30, 2022 | 4.96 Mn |
| Jun 30, 2022 | 4.88 Mn |
| Mar 31, 2022 | 3.36 Mn |
| Dec 31, 2021 | 3.72 Mn |
| Sep 30, 2021 | 4.96 Mn |
| Jun 30, 2021 | 4.41 Mn |
| Mar 31, 2021 | 5.33 Mn |
| Dec 31, 2020 | 6.34 Mn |
| Sep 30, 2020 | 7.99 Mn |
| Jun 30, 2020 | 10.15 Mn |
| Mar 31, 2020 | 12.91 Mn |
| Dec 31, 2019 | 14.76 Mn |
| Sep 30, 2019 | 14.65 Mn |
| Jun 30, 2019 | 13.88 Mn |