Banc of California (Banc of California) Interest Expense : $-1,439.61 Mil (TTM As of Dec. 2023)

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What is Banc of California Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banc of California's interest expense for the three months ended in Dec. 2023 was $ -1,096.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,439.61 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. Banc of California's Operating Income for the three months ended in Dec. 2023 was $ Mil. Banc of California's Interest Expense for the three months ended in Dec. 2023 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.

Banc of California Interest Expense Historical Data

The historical data trend for Banc of California'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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Banc of California Interest Expense Chart

Banc of California Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-142.95

-66.01

-54.91

-265.73

-1,223.87

Banc of California 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															-33.87	-46.52	-47.00	-1,096.48	-249.60

Banc of California 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,439.61 Mil.

Banc of California (Banc of California) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banc of California Inc (NYSE:BANCpCCL.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BANC:USA FPB:Germany

Address

3 MacArthur Place, Santa Ana, CA, USA, 92707

Website

https://www.bancofcal.com

Banc of California Inc is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate.