Wabtec Net Interest Income increased by 14.5% to -$47.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from -$48.00M to -$47.00M. Over 2 years (FY 2021 to FY 2023), Net Interest Income shows a downward trend with a 11.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase typically signals effective balance sheet management, growth in the loan portfolio, or a favorable interest rate environment, while a decrease may indicate margin compression or a decline in earning assets.
Net interest income represents the difference between the interest earned on interest-bearing assets, such as loans and...
Peers in the regional banking sector typically report this as a primary revenue line item, with variations driven by the specific mix of commercial versus retail lending and the sensitivity of their deposit base to market interest rates.
net_interest_income| 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 | -$44.90M | -$42.20M | -$42.30M | -$43.00M | -$44.00M | -$48.00M | -$51.00M | -$48.00M | -$55.00M | -$60.00M | -$55.00M | -$47.00M |
| QoQ Change | — | +6.0% | -0.2% | -1.7% | -2.3% | -9.1% | -6.3% | +5.9% | -14.6% | -9.1% | +8.3% | +14.5% |
| YoY Change | — | — | — | — | +2.0% | -13.7% | -20.6% | -11.6% | -25.0% | -25.0% | -7.8% | +2.1% |