1st Summit Bancorp Johnstown (1st Summit Bancorp Johnstown) Interest Expense : $-20.86 Mil (TTM As of Sep. 2023)

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What is 1st Summit Bancorp Johnstown Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 1st Summit Bancorp Johnstown's interest expense for the three months ended in Sep. 2023 was $ -6.91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-20.86 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. 1st Summit Bancorp Johnstown's Operating Income for the three months ended in Sep. 2023 was $ Mil. 1st Summit Bancorp Johnstown's Interest Expense for the three months ended in Sep. 2023 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.

1st Summit Bancorp Johnstown Interest Expense Historical Data

The historical data trend for 1st Summit Bancorp Johnstown'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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1st Summit Bancorp Johnstown Interest Expense Chart

1st Summit Bancorp Johnstown Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-13.32

-11.07

-6.86

-8.16

1st Summit Bancorp Johnstown Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial											-2.21	-3.31	-4.66	-5.97	-6.91

1st Summit Bancorp Johnstown 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.86 Mil.

1st Summit Bancorp Johnstown (1st Summit Bancorp Johnstown) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Summit Bancorp Johnstown Inc (OTCPK:FSMK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 Donald Lane, P.O. Box 5480, Johnstown, PA, USA, 15904

Website

https://www.1stsummit.bank

1st Summit Bancorp Johnstown Inc through its subsidiaries provides banking, trust, financial and investment services to individuals and businesses. The company accepts various deposits, such as checking, savings, interest-bearing and noninterest-bearing demand deposit, money market, and individual retirement accounts, as well as certificates of deposit. It offers personal loans, including auto, recreational vehicle, bill consolidation, credit line, and educational loans; home equity loans; home equity line of credit; home mortgage loans; mortgage construction; business lines of credit; residential real estate loans; residential and commercial mortgage; equipment loans; equipment leasing; small business administration loans; and commercial vehicle loans.

1st Summit Bancorp Johnstown (1st Summit Bancorp Johnstown) Headlines

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