Uscb Financial Holdings (USCB) Non Operating Interest Expenses (2021 - 2024)
Uscb Financial Holdings' (USCB) quarterly Non Operating Interest Expenses came in at $15.3 million in Q2 2024, up 51.44% year-over-year from $10.1 million in Q3 2023, and down 2.69% quarter-over-quarter from $15.7 million in Q1 2024.
Analysis
Uscb Financial Holdings (USCB) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Uscb Financial Holdings has disclosed Non Operating Interest Expenses across 4 years of filings, most recently posting $15.3 million for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses rose 51.44% year-over-year to $15.3 million; the TTM figure through Jun 2024 stood at $57.0 million (up 159.98% YoY), while the FY2023 annual figure was $42.4 million, up 470.63% from the prior year.
- Non Operating Interest Expenses came in at $15.3 million for Q2 2024 at Uscb Financial Holdings, down from $15.7 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $15.7 million in Q1 2024 to a low of $955000.0 in Q4 2021.
- Average Non Operating Interest Expenses over 4 years is $6.1 million, with a median of $2.7 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses dropped 23.14% in 2022 and surged 869.96% in 2023.
- Over 4 years, Non Operating Interest Expenses stood at $955000.0 in 2021, then surged by 290.68% to $3.7 million in 2022, then surged by 264.51% to $13.6 million in 2023, then climbed by 12.54% to $15.3 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $15.3 million in Q2 2024, $15.7 million in Q1 2024, and $13.6 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 | 448.38 Bn | 568.32 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Uscb Financial Holdings | 433.78 Mn | 315.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 15.31 Mn |
| Mar 31, 2024 | 15.73 Mn |
| Dec 31, 2023 | 13.60 Mn |
| Sep 30, 2023 | 12.36 Mn |
| Jun 30, 2023 | 10.11 Mn |
| Mar 31, 2023 | 6.38 Mn |
| Dec 31, 2022 | 3.73 Mn |
| Sep 30, 2022 | 1.70 Mn |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 963,000.00 |
| Dec 31, 2021 | 955,000.00 |
| Sep 30, 2021 | 963,000.00 |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | 1.25 Mn |