EFIN (Eastern Michigan Financial) Interest Expense : $-4.09 Mil (TTM As of Dec. 2024)

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What is Eastern Michigan Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eastern Michigan Financial's interest expense for the three months ended in Dec. 2024 was $ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-4.09 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. Eastern Michigan Financial's Operating Income for the three months ended in Dec. 2024 was $ Mil. Eastern Michigan Financial's Interest Expense for the three months ended in Dec. 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.

Eastern Michigan Financial Interest Expense Historical Data

The historical data trend for Eastern Michigan Financial'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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Eastern Michigan Financial Interest Expense Chart

Eastern Michigan Financial Annual Data

Trend

Dec05

Dec06

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.45

-0.43

-0.98

-2.05

-4.09

Eastern Michigan Financial Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.63	-1.19	-1.17	-1.12	-0.61

Eastern Michigan Financial 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.09 Mil.

Eastern Michigan Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Michigan Financial Corp (OTCPK:EFIN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 North Howard Avenue, Croswell, MI, USA, 48422

Website

https://www.emb.bank

Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides baking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

Eastern Michigan Financial Headlines

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