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Matrix Asset Management, Inc. (TSX:MTA)
Other Noninterest Expense
C$8.16 Mil (TTM As of Sep. 2013)

Matrix Asset Management, Inc.'s other noninterest expense for the three months ended in Sep. 2013 was C$2.84 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Sep. 2013 was C$8.16 Mil.


Definition

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense, Other Noninterest Expense, and Credit Losses Provision under the "Total Noninterest Expenses" and "Provision for Credit Losses" sections.

Other Noninterest Expense incurred by banks sometimes includes:
• Occupancy
• Equipment
• Professional fees
• Amortization of intangibles
• Brokerage, clearing, exchange and distribution fees
• Other (too numerous to list)

Some banks can and do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Matrix Asset Management, Inc. Other Noninterest Expense for the trailing twelve months (TTM) ended in Sep. 2013 was 2.52 (Dec. 2012 ) + 0.66 (Mar. 2013 ) + 2.132 (Jun. 2013 ) + 2.843 (Sep. 2013 ) = C$8.16 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Matrix Asset Management, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
IS_otherExpense_bank 0.110.101.301.240.241.0911.596.7711.805.03

Matrix Asset Management, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
IS_otherExpense_bank 3.132.393.900.851.080.862.520.662.132.84
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