Discontinued — last reported Q1 '24
Business Segments · Interest Expense
Bank — Interest Expense
Raymond James Financial Bank — Interest Expense increased by 2.0% to $455.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 107.8%, from $219.00M to $455.00M. Over 2 years (FY 2021 to FY 2023), Bank — Interest Expense shows an upward trend with a 421.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2024
Rolls up toInterest Expense
How to read this metric
Lower interest expense relative to interest income is preferred, as it expands the net interest margin.
Detailed definition
This represents the cost incurred by the bank for the use of borrowed funds, including interest paid on deposits and oth...
Peer comparison
Standard expense category for all banking and lending institutions.
Metric ID:
rjf_segment_bank_interest_expenseHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.00M | $10.00M | $10.00M | $10.00M | $26.00M | $110.00M | $185.00M | $219.00M | $329.00M | $408.00M | $446.00M | $455.00M |
| QoQ Change | — | -9.1% | +0.0% | +0.0% | +160.0% | +323.1% | +68.2% | +18.4% | +50.2% | +24.0% | +9.3% | +2.0% |
| YoY Change | — | — | — | — | +136.4% | >999% | >999% | >999% | >999% | +270.9% | +141.1% | +107.8% |
Range$10.00M – $455.00M
CAGR+287.1%
Avg YoY Growth+832.7%
Median YoY Growth+635.5%
Current Streak10 quarters growth
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Frequently Asked Questions
- What is Raymond James Financial's bank — interest expense?
- Raymond James Financial (RJF) reported bank — interest expense of $455.00M in Q1 2024.
- How has Raymond James Financial's bank — interest expense changed year-over-year?
- Raymond James Financial's bank — interest expense increased by 107.8% year-over-year, from $219.00M to $455.00M.
- What is the long-term trend for Raymond James Financial's bank — interest expense?
- Over 2 years (2021 to 2023), Raymond James Financial's bank — interest expense has grown at a 421.2% compound annual growth rate (CAGR), from $42.00M to $1.14B.
- What does bank — interest expense mean?
- The total interest paid by the bank on deposits and other borrowed funds.