NB Bancorp (NB Bancorp) Interest Expense : $-105.2 Mil (TTM As of Mar. 2024)

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What is NB Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NB Bancorp's interest expense for the three months ended in Mar. 2024 was $ -29.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-105.2 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. NB Bancorp's Operating Income for the three months ended in Mar. 2024 was $ Mil. NB 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.

NB Bancorp Interest Expense Historical Data

The historical data trend for NB 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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NB Bancorp Interest Expense Chart

NB Bancorp Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-12.63

-15.55

-90.44

NB Bancorp Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-14.80	-20.51	-26.11	-29.02	-29.56

NB 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 $-105.2 Mil.

NB Bancorp (NB Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NB Bancorp Inc (NAS:NBBK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1063 Great Plain Avenue, Needham, MA, USA, 02492

Website

http://www.needhambank.com

NB Bancorp Inc operates as the holding company of Needham Bank. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate and multifamily loans, one- to four-family residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans.

NB Bancorp (NB Bancorp) Headlines

From GuruFocus

NB Bancorp Inc (NBBK) Reports Full Year 2023 Financial Results Amidst IPO and Conversion Expenses

By GuruFocus Research • 02-29-2024