Benchmark Bankshares (Benchmark Bankshares) Interest Expense : $-4.97 Mil (TTM As of Sep. 2023)

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What is Benchmark Bankshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Benchmark Bankshares's interest expense for the three months ended in Sep. 2023 was $ -2.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.97 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. Benchmark Bankshares's Operating Income for the three months ended in Sep. 2023 was $ Mil. Benchmark Bankshares's Interest Expense for the three months ended in Sep. 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.

Benchmark Bankshares Interest Expense Historical Data

The historical data trend for Benchmark Bankshares'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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Benchmark Bankshares Interest Expense Chart

Benchmark Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-7.78

-2.43

-3.99

-3.48

-2.62

Benchmark Bankshares Quarterly Data
	Mar07	Jun07	Sep07	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.49	-0.48	-0.86	-1.69	-2.42

Benchmark Bankshares 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.97 Mil.

Benchmark Bankshares (Benchmark Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944

Website

https://www.bcbonline.com

Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.

Benchmark Bankshares (Benchmark Bankshares) Headlines

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