Spirit of Texas Bancshares (Spirit of Texas Bancshares) Interest Expense : $-11.4 Mil (TTM As of Dec. 2021)

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What is Spirit of Texas Bancshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spirit of Texas Bancshares's interest expense for the three months ended in Dec. 2021 was $ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-11.4 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. Spirit of Texas Bancshares's Operating Income for the three months ended in Dec. 2021 was $ Mil. Spirit of Texas Bancshares's Interest Expense for the three months ended in Dec. 2021 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.

Spirit of Texas Bancshares Interest Expense Historical Data

The historical data trend for Spirit of Texas Bancshares'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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Spirit of Texas Bancshares Interest Expense Chart

Spirit of Texas Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-8.33

-10.32

-17.37

-17.61

-11.41

Spirit of Texas Bancshares Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Interest Expense	Get a 7-Day Free Trial															-3.83	-3.33	-3.05	-2.66	-2.37

Spirit of Texas Bancshares 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.4 Mil.

Spirit of Texas Bancshares (Spirit of Texas Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spirit of Texas Bancshares Inc (NAS:STXB) » Definitions » Interest Expense

Comparable Companies

MIL:BDB BEY:BYB XNEP:PCBL FLIC CCNE CARE XTUN:BT OSTO:TFBANK GCBC XNEP:NMB

Traded in Other Exchanges

N/A

Address

1836 Spirit of Texas Way, Conroe, TX, USA, 77301

Website

https://www.sotb.com

Spirit of Texas Bancshares Inc offers a broad range of commercial and retail banking services. The company offers business checking accounts, lending, treasury management, mortgages, personal financial security, and mobile and online banking services. Its only reportable segment being the business, community banking, provides a broad range of retail and commercial banking services.

Executives

David M Mcguire	director, officer: President	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
H. D. Patel	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Robert S Beall	director	1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Metcalf, Iii Leo T.	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Akash J. Patel	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Dean O. Bass	director, officer: Chairman & CEO	1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Thomas Jr. Jones	director	ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Steven Gregory Kidd	director, 10 percent owner	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Steven M Morris	director	801 CHERRY STREET SUITE 3700, UNIT 19 FORT WORTH TX 76102
Jerry D. Golemon	officer: Executive Vice President & COO	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Thomas C. Sooy	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
William K. Nix	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Jones Allen C Iv	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Nelda Luce Blair	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Allison Johnson	officer: CAO and Interim CFO	2407 PARK DRIVE, HARRISBURG PA 17110