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Banco del Bajio (MEX:BBAJIOO) Interest Expense : MXN-19,063 Mil (TTM As of Mar. 2024)


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What is Banco del Bajio Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco del Bajio's interest expense for the three months ended in Mar. 2024 was MXN -5,152 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-19,063 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. Banco del Bajio's Operating Income for the three months ended in Mar. 2024 was MXN Mil. Banco del Bajio's Interest Expense for the three months ended in Mar. 2024 was MXN 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.


Banco del Bajio Interest Expense Historical Data

The historical data trend for Banco del Bajio'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.

Banco del Bajio Interest Expense Chart

Banco del Bajio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10,575.00 -8,547.00 -7,038.00 -10,640.00 -17,759.00

Banco del Bajio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,848.00 -4,278.00 -4,710.00 -4,923.00 -5,152.00

Banco del Bajio 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 MXN-19,063 Mil.

* 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.


Banco del Bajio (MEX:BBAJIOO) Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.

Banco del Bajio (MEX:BBAJIOO) Headlines

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