CTBK (City Bank) Interest Expense: $-39.73 Mil (TTM As of Jun. 2009)

What is City Bank Interest Expense?

City Bank CTBK -99.00% Interest Expense is $-39.73 Mil as of Jun. 2009.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. City Bank's interest expense for the three months ended in Jun. 2009 was $ -9.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2009 was $-39.73 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. City Bank's Operating Income for the three months ended in Jun. 2009 was $ Mil. City Bank's Interest Expense for the three months ended in Jun. 2009 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.

City Bank Interest Expense Historical Data

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The historical data trend for City Bank'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.

City Bank Interest Expense Chart

City Bank Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

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Dec08

Interest Expense

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-8.66

-14.20

-27.86

-40.04

-41.78

City Bank Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Interest Expense	Get a 7-Day Free Trial															-10.75	-10.07	-10.21	-9.95	-9.51

City Bank 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 Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.73 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-39.73 Mil mean?

City Bank (CTBK) has a Interest Expense of $-39.73 Mil as of Jun. 2009. Interest Expense is the amount a company pays on its long-term debt. View historical data on City Bank and its competitors.

Is City Bank's Interest Expense too high?

City Bank's current Interest Expense is $-39.73 Mil.

How does City Bank's Interest Expense compare to VSBN and FSBC?

City Bank's Interest Expense of $-39.73 Mil 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 Interest Expense for a Banks company?

A good Interest Expense depends on the Banks industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on City Bank and its competitors. City Bank's current Interest Expense is $-39.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is City Bank stock overvalued right now?

City Bank (CTBK) has a current Interest Expense of $-39.73 Mil. The current Interest Expense is $-39.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For City Bank (CTBK), the current Interest Expense is $-39.73 Mil as of Jun. 2009. 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.

City Bank Business Description

Industry Financial Services Banks

Comparable Companies VSBN FSBC UWHR HFBK HVBC MELR DLMV OTTW CYSM MNBP FBPA SVBT GLBZ UNIB MSVB MVLY NWPP BCOW CNNB WEIN

Address 5219 City Bank Parkway, Lubbock, TX, USA, 79407

Website https://www.city.bank

City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.