Nordea Bank Abp (FRA:NBZF) Interest Expense : €-13,453 Mil (TTM As of Mar. 2024)

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What is Nordea Bank Abp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordea Bank Abp's interest expense for the three months ended in Mar. 2024 was € -3,665 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-13,453 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. Nordea Bank Abp's Operating Income for the three months ended in Mar. 2024 was € Mil. Nordea Bank Abp'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.

Nordea Bank Abp Interest Expense Historical Data

The historical data trend for Nordea Bank Abp'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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Nordea Bank Abp Interest Expense Chart

Nordea Bank Abp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3,122.00

-1,578.00

-756.00

-3,152.00

-12,278.00

Nordea Bank Abp 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															-2,490.00	-2,913.00	-3,373.00	-3,502.00	-3,665.00

Nordea Bank Abp 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 €-13,453 Mil.

Nordea Bank Abp (FRA:NBZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nordea Bank Abp (FRA:NBZF) » Definitions » Interest Expense

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Traded in Other Exchanges

NBNKF:USA NRDBY:USA NDA SE:Sweden 1NDA:Italy NDAs:UK 0N4T:UK NDA FI:Finland NDA DK:Denmark 04Q:Germany

Address

Hamnbanegatan 5, Helsinki, FIN, FI-00020

Website

https://www.nordea.com

Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

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