Customers Bancorp (FRA:334) Interest Expense : €-630.8 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Customers Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Customers Bancorp's interest expense for the three months ended in Dec. 2023 was € -159.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-630.8 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. Customers Bancorp's Operating Income for the three months ended in Dec. 2023 was € Mil. Customers Bancorp'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.

Customers Bancorp Interest Expense Historical Data

The historical data trend for Customers 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.

* Premium members only.

Customers Bancorp Interest Expense Chart

Customers Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-167.79

-114.76

-84.79

-247.00

-623.48

Customers Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-126.98	-154.15	-152.19	-165.44	-159.02

Customers 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-630.8 Mil.

Customers Bancorp (FRA:334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Customers Bancorp Inc (FRA:334) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CUBIpF.PFD:USA CUBIpE.PFD:USA CUBI:USA

Address

701 Reading Avenue, West Reading, PA, USA, 19611

Website

https://www.customersbank.com

Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.

Customers Bancorp (FRA:334) Headlines

No Headlines