CNB Community Bancorp (CNB Community Bancorp) Interest Expense : $-19.10 Mil (TTM As of Mar. 2024)

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What is CNB Community Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CNB Community Bancorp's interest expense for the three months ended in Mar. 2024 was $ -5.66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-19.10 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. CNB Community Bancorp's Operating Income for the three months ended in Mar. 2024 was $ Mil. CNB Community Bancorp's Interest Expense for the three months ended in Mar. 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.

CNB Community Bancorp Interest Expense Historical Data

The historical data trend for CNB Community Bancorp'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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CNB Community Bancorp Interest Expense Chart

CNB Community Bancorp Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.98

-3.81

-2.96

-3.70

-16.68

CNB Community Bancorp Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.23	-3.91	-4.58	-4.95	-5.66

CNB Community Bancorp 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.10 Mil.

CNB Community Bancorp (CNB Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Community Bancorp Inc (OTCPK:CNBB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 South Howell Street, Hillsdale, MI, USA, 49242

Website

https://www.countynationalbank.com

CNB Community Bancorp Inc is a United States based bank holding company of County National Bank. The bank engaged in offering personal banking and business banking services. It provides checking accounts services, savings accounts services, loans, mortgages, Certificate of deposit, debit card and credit cards, among other services. In addition, the bank is also involved in the trust and investment activities. The company offers banking products and services to the local communities it serves in Hillsdale, Jackson, Calhoun, and Lenawee counties in Michigan, US.