Orrstown Financial Services (FRA:OFR) Interest Expense : €-48.8 Mil (TTM As of Mar. 2024)

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What is Orrstown Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orrstown Financial Services's interest expense for the three months ended in Mar. 2024 was € -14.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-48.8 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. Orrstown Financial Services's Operating Income for the three months ended in Mar. 2024 was € Mil. Orrstown Financial Services'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.

Orrstown Financial Services Interest Expense Historical Data

The historical data trend for Orrstown Financial Services'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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Orrstown Financial Services Interest Expense Chart

Orrstown Financial Services Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-21.33

-13.17

-5.95

-8.52

-41.26

Orrstown Financial Services 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															-7.46	-9.72	-11.69	-12.85	-14.51

Orrstown Financial Services 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 €-48.8 Mil.

Orrstown Financial Services (FRA:OFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Orrstown Financial Services Inc (FRA:OFR) » Definitions » Interest Expense

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ORRF:USA

Address

77 East King Street, P.O. Box 250, Shippensburg, PA, USA, 17257

Website

https://www.orrstown.com

Orrstown Financial Services Inc is a holding company engaged in commercial banking and trust business, this involves accepting demand, time and savings deposits, and granting loans. It is also engaged in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. It also provides investment and brokerage services through its Financial Advisors division. The company operates in a significant segment - Community Banking.

Orrstown Financial Services (FRA:OFR) Headlines

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