BankFlorida Bancorp (BankFlorida Bancorp) Interest Expense : $-8.05 Mil (TTM As of Mar. 2024)

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What is BankFlorida Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BankFlorida Bancorp's interest expense for the three months ended in Mar. 2024 was $ -2.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-8.05 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. BankFlorida Bancorp's Operating Income for the three months ended in Mar. 2024 was $ Mil. BankFlorida Bancorp's Interest Expense for the three months ended in Mar. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BankFlorida Bancorp Interest Expense Historical Data

The historical data trend for BankFlorida Bancorp's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BankFlorida Bancorp Interest Expense Chart

BankFlorida Bancorp Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.89

-1.41

-6.53

BankFlorida Bancorp Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-0.90	-1.60	-1.91	-2.13	-2.41

BankFlorida Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.05 Mil.

BankFlorida Bancorp (BankFlorida Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankFlorida Bancorp Inc (OTCPK:BKFL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12612 U.S. Highway 301, Dade, FL, USA, 33525

Website

https://www.bankflorida.com

BankFlorida Bancorp Inc serves customers and communities by providing superior banking services. It offers personal, commercial, residential mortgage, wealth solutions and various others services.

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