Coastal Financial (FRA:1VD) Interest Expense : €-97.5 Mil (TTM As of Mar. 2024)

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What is Coastal Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coastal Financial's interest expense for the three months ended in Mar. 2024 was € -27.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-97.5 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. Coastal Financial's Operating Income for the three months ended in Mar. 2024 was € Mil. Coastal Financial'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.

Coastal Financial Interest Expense Historical Data

The historical data trend for Coastal 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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Coastal Financial Interest Expense Chart

Coastal Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.92

-4.65

-3.23

-19.25

-84.04

Coastal Financial Quarterly Data
	Jun19	Sep19	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															-14.59	-19.69	-24.46	-26.21	-27.17

Coastal 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-97.5 Mil.

Coastal Financial (FRA:1VD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (FRA:1VD) » Definitions » Interest Expense

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Traded in Other Exchanges

CCB:USA

Address

5415 Evergreen Way, Everett, WA, USA, 98203

Website

https://www.coastalbank.com

Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.

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