MCB Bank (KAR:MCB) Interest Expense : ₨-220,029 Mil (TTM As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is MCB Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MCB Bank's interest expense for the three months ended in Mar. 2024 was ₨ -58,194 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-220,029 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. MCB Bank's Operating Income for the three months ended in Mar. 2024 was ₨ Mil. MCB Bank'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.

MCB Bank Interest Expense Historical Data

The historical data trend for MCB Bank'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.

* Premium members only.

MCB Bank Interest Expense Chart

MCB Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-84,370.61

-69,929.01

-64,231.30

-123,454.75

-199,026.67

MCB Bank 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															-37,191.37	-48,824.18	-55,649.01	-57,362.11	-58,193.82

MCB Bank 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 ₨-220,029 Mil.

MCB Bank (KAR:MCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Bank Ltd (KAR:MCB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK

Website

https://www.mcb.com.pk

MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Consumer Banking, Treasury, and International banking. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.