MBKL (MBT Bancshares) Interest Expense : $-3.35 Mil (TTM As of Dec. 2023)

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What is MBT Bancshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MBT Bancshares's interest expense for the six months ended in Dec. 2023 was $ -3.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.35 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. MBT Bancshares's Operating Income for the six months ended in Dec. 2023 was $ Mil. MBT Bancshares's Interest Expense for the six months ended in Dec. 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.

MBT Bancshares Interest Expense Historical Data

The historical data trend for MBT Bancshares'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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MBT Bancshares Interest Expense Chart

MBT Bancshares Annual Data

Trend

Dec04

Dec05

Dec06

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.00

-1.01

-0.86

-1.49

-3.35

MBT Bancshares Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial							-1.00	-1.01	-0.86	-1.49	-3.35

MBT Bancshares Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.35 Mil.

MBT Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MBT Bancshares Inc (OTCPK:MBKL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3344 Metairie Road, Metairie, LA, USA, 70001

Website

https://www.metairiebank.com

MBT Bancshares Inc is a United States-based company providing commercial banking services. It offers personal banking and business banking services. The services portfolio includes online banking service, checking accounts service, savings account facility, card services, and other services.

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