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Banco Mercantil do Brasil (BSP:BMEB4) Interest Expense : R$-831 Mil (TTM As of Dec. 2023)


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What is Banco Mercantil do Brasil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco Mercantil do Brasil's interest expense for the three months ended in Dec. 2023 was R$ -409 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-831 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. Banco Mercantil do Brasil's Operating Income for the three months ended in Dec. 2023 was R$ Mil. Banco Mercantil do Brasil's Interest Expense for the three months ended in Dec. 2023 was R$ 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.


Banco Mercantil do Brasil Interest Expense Historical Data

The historical data trend for Banco Mercantil do Brasil'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.

Banco Mercantil do Brasil Interest Expense Chart

Banco Mercantil do Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -483.82 -434.28 -369.95 -1,113.55 -1,563.05

Banco Mercantil do Brasil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -312.72 -324.47 - -421.65 -408.88

Banco Mercantil do Brasil 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 R$-831 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.


Banco Mercantil do Brasil (BSP:BMEB4) Business Description

Traded in Other Exchanges
Address
R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912
Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.

Banco Mercantil do Brasil (BSP:BMEB4) Headlines

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