1. noninterest - Noun
2. noninterest - Adjective
noninterest (not comparable)
Not of or pertaining to interest (additional amount repaid as a fraction of money or goods borrowed).
noninterest (plural noninterests)
That which is not an interest.
Noninterest income was $16.7 million for the fourth quarter of 2019, compared to $14.4 million for the fourth quarter of 2018 and $14.1 million for the third quarter of 2019. Source: Internet
The increase in other noninterest expense resulted from increases in ATM surcharge and interchange fees and gains on the sale of foreclosed assets. Source: Internet
Noninterest expense decreased 4% LQ largely reflecting lower personnel, advertising, and travel and entertainment expense and increased 5% YoY largely reflecting an increase in the reserve for unfunded commitments. Source: Internet
Noninterest expense increased $63.4 million for the year ended September 30, 2020 as compared to 2019. Source: Internet
The decline, the bank said in its quarterly report, was “primarily the result of lower noninterest income related to gain on the sale of securities and higher provision for loan losses.” Source: Internet
The increase in noninterest income is primarily due to the Acquisitions and higher wealth management income and gain on the sale of loans, offset in part by a gain on foreclosure of other real estate owned in 2018. Source: Internet