MBNKP.PFD (Medallion Bank) Interest Expense : $-70.51 Mil (TTM As of Dec. 2024)

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What is Medallion Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medallion Bank's interest expense for the three months ended in Dec. 2024 was $ -20.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-70.51 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. Medallion Bank's Operating Income for the three months ended in Dec. 2024 was $ Mil. Medallion Bank's Interest Expense for the three months ended in Dec. 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.

Medallion Bank Interest Expense Historical Data

The historical data trend for Medallion 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.

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Medallion Bank Interest Expense Chart

Medallion Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-22.33

-17.54

-22.67

-47.79

-70.51

Medallion Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-14.40	-14.75	-16.52	-19.19	-20.04

Medallion 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-70.51 Mil.

Medallion Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Medallion Bank (NAS:MBNKP.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 East 6600 South, Suite 510, Salt Lake, UT, USA, 84121

Website

https://www.medallionbank.com

Medallion Bank is engaged in providing consumer loans, raising deposits, and managing other banking activities. It offers affordable financing for home improvement contractors, including window, siding, and roof replacements; kitchen, bath, and basement remodels; HVAC (Heating Ventilation and Air Conditioning), and solar PV installations. Medallion also offers recreation financing for new and used motorhomes, towable RVs, truck campers, cargo trailers, utility trailers, horse trailers, and a variety of ATVs and other power sport vehicles. Its segments are Recreation, Home Improvement, and Other. The company generates maximum revenue from the Recreation segment.

Medallion Bank Headlines

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