FRBKQ (Republic First Bancorp) Effective Interest Rate on Debt %: 34.84% (As of Sep. 2022)

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FRBKQ Republic First Bancorp Inc FRBKQ
16 GF Score
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What is Republic First Bancorp Effective Interest Rate on Debt %?

Republic First Bancorp FRBKQ -99.00% 16 Effective Interest Rate on Debt % is 34.84% as of Sep. 2022. GuruFocus rates FRBKQ with a GF Score™ of 16/100.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Republic First Bancorp's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $32.0 Mil. Republic First Bancorp's average total debt for the quarter that ended in Sep. 2022 was $91.9 Mil. Therefore, Republic First Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 34.84%.


Republic First Bancorp  (OTCPK:FRBKQ) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Republic First Bancorp Effective Interest Rate on Debt % Related Terms


Republic First Bancorp Effective Interest Rate on Debt % Historical Data

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The historical data trend for Republic First Bancorp's Effective Interest Rate on Debt % 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.

Republic First Bancorp Effective Interest Rate on Debt % Chart

Republic First Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.33 26.00 29.60 5.76 4.56

Republic First Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
Effective Interest Rate on Debt % 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 19.40 14.14 16.35 34.84 19.63

FRBKQ vs GWBK, LBNW, SRNN: Effective Interest Rate on Debt % Comparison

For the Banks - Regional subindustry, Republic First Bancorp's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic First Bancorp Effective Interest Rate on Debt % vs Banks Industry

For the Banks industry and Financial Services sector, Republic First Bancorp's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Republic First Bancorp's Effective Interest Rate on Debt % falls into.


FRBKQ
16GF Score
Republic First Bancorp Inc FRBKQ
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Republic First Bancorp Effective Interest Rate on Debt % Calculation

Republic First Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -18.591/( (722.713+93.048)/ 2 )
=-1  *  -18.591/407.8805
=4.56 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=722.713 + 0
=722.713

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=93.048 + 0
=93.048

Republic First Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -32.036/( (92.981+90.902)/ 2 )
=-1  *  -32.036/91.9415
=34.84 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.981 + 0
=92.981

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=90.902 + 0
=90.902

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 34.84% mean?
Republic First Bancorp (FRBKQ) has a Effective Interest Rate on Debt % of 34.84% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Republic First Bancorp and its competitors.
Is Republic First Bancorp's Effective Interest Rate on Debt % too high?
Republic First Bancorp's current Effective Interest Rate on Debt % is 34.84%. Overall, Republic First Bancorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Republic First Bancorp's Effective Interest Rate on Debt % compare to GWBK and LBNW?
Republic First Bancorp's Effective Interest Rate on Debt % of 34.84% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Banks company?
A good Effective Interest Rate on Debt % depends on the Banks industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Republic First Bancorp and its competitors. Republic First Bancorp's current Effective Interest Rate on Debt % is 34.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic First Bancorp stock overvalued right now?
Republic First Bancorp (FRBKQ) has a current Effective Interest Rate on Debt % of 34.84%. The current Effective Interest Rate on Debt % is 34.84%. Republic First Bancorp's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Republic First Bancorp (FRBKQ), the current Effective Interest Rate on Debt % is 34.84% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Republic First Bancorp Business Description

Address 50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
16GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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