Virginia National Bankshares (VABK) Non Operating Interest Expenses (2018 - 2024)
Virginia National Bankshares' Non Operating Interest Expenses came in at $7.48 million for Q2 2024, up 61.6% from $4.63 million a year earlier but down 1.9% from the prior quarter.
Virginia National Bankshares (VABK) Non Operating Interest Expenses (2018 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Virginia National Bankshares reported Non Operating Interest Expenses of $28.54 million, up 212.0% year-over-year; for FY2023, it came in at $21.02 million, up 560.2% from FY2022.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of 49.8% (FY2018 to FY2023).
- Going back by year, Non Operating Interest Expenses was $3.18 million in FY2022 (-3.0%), $3.28 million in FY2021 (-2.0%), $3.35 million in FY2020 (-21.6%) and $4.27 million in FY2019 (+53.2%).
- The five-year range for quarterly Non Operating Interest Expenses is $630,000 (Q3 2021) to $7.62 million (Q1 2024).
- Year-over-year, Non Operating Interest Expenses has increased for six consecutive quarters, with growth averaging 316.3% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q3 2023 (growth of 813.9%), and the weakest in Q4 2020 (a decline of 42.7%).
- Business Quant data shows VABK's Non Operating Interest Expenses at $7.62 million (Q1 2024), $7.32 million (Q4 2023) and $6.11 million (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Virginia National Bankshares | 258.53 Mn | 258.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 7.48 Mn |
| Mar 31, 2024 | 7.62 Mn |
| Dec 31, 2023 | 7.32 Mn |
| Sep 30, 2023 | 6.11 Mn |
| Jun 30, 2023 | 4.63 Mn |
| Mar 31, 2023 | 2.96 Mn |
| Dec 31, 2022 | 892,000.00 |
| Sep 30, 2022 | 669,000.00 |
| Jun 30, 2022 | 704,000.00 |
| Mar 31, 2022 | 919,000.00 |
| Dec 31, 2021 | 981,000.00 |
| Sep 30, 2021 | 630,000.00 |
| Jun 30, 2021 | 980,000.00 |
| Mar 31, 2021 | 693,000.00 |
| Dec 31, 2020 | 682,000.00 |
| Sep 30, 2020 | 724,000.00 |
| Jun 30, 2020 | 756,000.00 |
| Mar 31, 2020 | 1.19 Mn |
| Dec 31, 2019 | 1.19 Mn |
| Sep 30, 2019 | 1.11 Mn |
Virginia National Bankshares 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=VABK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "VABK", "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=VABK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();