Vroom (VRM) Interest Income - Deposits (2019 - 2023)

Vroom (VRM) posted Interest Income - Deposits of $3.9 million for Q4 2023, up 11.43% sequentially from $3.5 million in Q3 2023, and down 13.33% YoY from $4.5 million in Q4 2022.

Vroom (VRM) Interest Income - Deposits (2019 - 2023) Analysis & Trends

Vroom has reported Interest Income - Deposits for 5 years, with the latest figure at $3.9 million in Q4 2023.

  • Quarterly Interest Income - Deposits fell 13.33% year-over-year to $3.9 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $13.2 million (down 16.98% YoY) and the FY2023 annual result came in at $13.2 million, down 16.98% from the prior year.
  • Interest Income - Deposits improved to $3.9 million in Q4 2023 per VRM's latest filing, from $3.5 million in the prior quarter.
  • Over five years, Interest Income - Deposits peaked at $4.5 million in Q4 2022 and troughed at $700000.0 in Q2 2020.
  • A 5-year average of $2.5 million and a median of $2.3 million in 2023 frame the typical range for Interest Income - Deposits.
  • The sharpest annual moves came in 2020 and 2021: Interest Income - Deposits slumped 46.15% in 2020, then jumped 185.71% in 2021.
  • Over 5 years, Interest Income - Deposits stood at $1.1 million in 2019, then jumped by 63.64% to $1.8 million in 2020, then soared by 66.67% to $3.0 million in 2021, then jumped by 50.0% to $4.5 million in 2022, then declined by 13.33% to $3.9 million in 2023.
  • According to Business Quant data, Interest Income - Deposits over the past three periods registered $3.9 million, $3.5 million, and $2.3 million for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Income - Deposits (Qtr)
1 Visa 618.21 Bn 605.85 Bn - -
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 452.00 Mn
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - -
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - -
8 Affirm Holdings 25.93 Bn 24.20 Bn - -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Vroom 48.43 Mn -85.65 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 3.90 Mn
Sep 30, 2023 3.50 Mn
Jun 30, 2023 2.30 Mn
Mar 31, 2023 3.50 Mn
Dec 31, 2022 4.50 Mn
Sep 30, 2022 3.90 Mn
Jun 30, 2022 3.60 Mn
Mar 31, 2022 3.90 Mn
Dec 31, 2021 3.00 Mn
Sep 30, 2021 2.90 Mn
Jun 30, 2021 2.00 Mn
Mar 31, 2021 2.20 Mn
Dec 31, 2020 1.80 Mn
Sep 30, 2020 1.20 Mn
Jun 30, 2020 700,000.00
Mar 31, 2020 1.70 Mn
Dec 31, 2019 1.10 Mn
Sep 30, 2019 1.20 Mn
Jun 30, 2019 1.30 Mn