Other

Noninterest Expense

Chicago Atlantic Real Estate Finance Noninterest Expense increased by 32.8% to $8.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 169.2%, from $3.00M to $8.08M. Over 2 years (FY 2023 to FY 2025), Noninterest Expense shows relatively stable performance with a 2.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.

Detailed definition

This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...

Peer comparison

Standardized across the banking industry as a primary measure of non-interest operating costs.

Metric ID: other_noninterest_expense

Historical Data

15 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.16M$7.51M$4.22M$5.02M$3.84M$5.51M$4.51M$4.00M$3.25M$5.98M$3.00M$5.71M$4.75M$6.08M$8.08M
QoQ Change+137.2%-43.8%+19.1%-23.5%+43.4%-18.2%-11.3%-18.8%+84.2%-49.9%+90.4%-16.8%+28.0%+32.8%
YoY Change+21.4%-26.6%+6.9%-20.3%-15.5%+8.6%-33.4%+42.8%+46.3%+1.6%+169.2%
Range$3.00M$8.08M
CAGR+30.7%
Avg YoY Growth+18.3%
Median YoY Growth+6.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's noninterest expense?
Chicago Atlantic Real Estate Finance (REFI) reported noninterest expense of $8.08M in Q1 2026.
How has Chicago Atlantic Real Estate Finance's noninterest expense changed year-over-year?
Chicago Atlantic Real Estate Finance's noninterest expense increased by 169.2% year-over-year, from $3.00M to $8.08M.
What is the long-term trend for Chicago Atlantic Real Estate Finance's noninterest expense?
Over 2 years (2023 to 2025), Chicago Atlantic Real Estate Finance's noninterest expense has grown at a 2.5% compound annual growth rate (CAGR), from $18.59M to $19.54M.
What does noninterest expense mean?
The total operating expenses incurred by the company excluding interest-related costs.