United Community Banks (UCB) Non Operating Interest Expenses (2010 - 2024)
United Community Banks' (UCB) quarterly Non Operating Interest Expenses came in at $138.3 million in Q2 2024, up 44.8% year-over-year from $95.5 million in Q3 2023, and little changed quarter-over-quarter from $137.6 million in Q1 2024.
Analysis
United Community Banks (UCB) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
United Community Banks has disclosed Non Operating Interest Expenses across 15 years of filings, most recently posting $138.3 million for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses rose 44.8% year-over-year to $138.3 million; the TTM figure through Jun 2024 stood at $531.7 million (up 154.93% YoY), while the FY2023 annual figure was $419.3 million, up 589.73% from the prior year.
- Non Operating Interest Expenses came in at $138.3 million for Q2 2024 at United Community Banks, roughly flat from $137.6 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $138.3 million in Q2 2024 to a low of $6.2 million in Q4 2021.
- Average Non Operating Interest Expenses over 5 years is $46.8 million, with a median of $14.2 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses slumped 50.18% in 2021 and surged 1026.71% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $10.7 million in 2020, then plunged by 41.8% to $6.2 million in 2021, then surged by 398.04% to $30.9 million in 2022, then jumped by 337.08% to $135.2 million in 2023, then advanced by 2.23% to $138.3 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $138.3 million in Q2 2024, $137.6 million in Q1 2024, and $135.2 million in Q4 2023.
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 | United Community Banks | 4.21 Bn | 3.67 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 138.27 Mn |
| Mar 31, 2024 | 137.58 Mn |
| Dec 31, 2023 | 135.25 Mn |
| Sep 30, 2023 | 120.59 Mn |
| Jun 30, 2023 | 95.49 Mn |
| Mar 31, 2023 | 68.02 Mn |
| Dec 31, 2022 | 30.94 Mn |
| Sep 30, 2022 | 14.11 Mn |
| Jun 30, 2022 | 8.48 Mn |
| Mar 31, 2022 | 7.27 Mn |
| Dec 31, 2021 | 6.21 Mn |
| Sep 30, 2021 | 6.64 Mn |
| Jun 30, 2021 | 7.43 Mn |
| Mar 31, 2021 | 9.48 Mn |
| Dec 31, 2020 | 10.68 Mn |
| Sep 30, 2020 | 13.32 Mn |
| Jun 30, 2020 | 14.30 Mn |
| Mar 31, 2020 | 17.94 Mn |
| Dec 31, 2019 | 19.78 Mn |
| Sep 30, 2019 | 21.28 Mn |