SpareBank 1 SMN (FRA:SJI) Interest Expense : €-627.6 Mil (TTM As of Mar. 2024)

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What is SpareBank 1 SMN Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SpareBank 1 SMN's interest expense for the three months ended in Mar. 2024 was € -168.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-627.6 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. SpareBank 1 SMN's Operating Income for the three months ended in Mar. 2024 was € Mil. SpareBank 1 SMN'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.

SpareBank 1 SMN Interest Expense Historical Data

The historical data trend for SpareBank 1 SMN'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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SpareBank 1 SMN Interest Expense Chart

SpareBank 1 SMN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-193.38

-135.66

-109.08

-284.34

-576.40

SpareBank 1 SMN Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-118.12	-131.91	-157.53	-169.50	-168.71

SpareBank 1 SMN 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 €-627.6 Mil.

SpareBank 1 SMN (FRA:SJI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (FRA:SJI) » Definitions » Interest Expense

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MING:Norway MINGo:UK 0IVM:UK

Address

Sondre gate 4, Trondheim, NOR, 7011

Website

https://www.sparebank1.no

SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.