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National Bank of Canada (National Bank of Canada) Interest Expense : $-10,753 Mil (TTM As of Jan. 2024)


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What is National Bank of Canada Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Bank of Canada's interest expense for the three months ended in Jan. 2024 was $ -3,021 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-10,753 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. National Bank of Canada's Operating Income for the three months ended in Jan. 2024 was $ Mil. National Bank of Canada's Interest Expense for the three months ended in Jan. 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.


National Bank of Canada Interest Expense Historical Data

The historical data trend for National Bank of Canada'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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National Bank of Canada Interest Expense Chart

National Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,471.07 -2,514.00 -1,772.56 -3,122.22 -9,620.04

National Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,065.27 -2,296.80 -2,615.25 -2,820.16 -3,020.93

National Bank of Canada 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10,753 Mil.

* 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.


National Bank of Canada (National Bank of Canada) Business Description

Address
600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2
National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (National Bank of Canada) Headlines

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