GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » M & F Bancorp Inc (OTCPK:MFBP) » Definitions » Interest Expense

MFBP (M & F Bancorp) Interest Expense : $-5.17 Mil (TTM As of Dec. 2024)


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

What is M & F Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M & F Bancorp's interest expense for the three months ended in Dec. 2024 was $ -1.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-5.17 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. M & F Bancorp's Operating Income for the three months ended in Dec. 2024 was $ Mil. M & F Bancorp'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.


M & F Bancorp Interest Expense Historical Data

The historical data trend for M & F Bancorp'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.

M & F Bancorp Interest Expense Chart

M & F Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 -0.33 -0.36 -1.66 -5.17

M & F Bancorp Quarterly Data
Jun16 Dec19 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 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 -0.70 -0.95 -1.18 -1.43 -1.61

M & F Bancorp 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 $-5.17 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.


M & F Bancorp Business Description

Traded in Other Exchanges
N/A
Address
2634 Durham Chapel Hill Boulevard, Suite 101, Durham, NC, USA, 27707
M & F Bancorp Inc is a bank holding company. The Bank has seven branches in North Carolina: two in Durham, two in Raleigh, and one each in Charlotte, Greensboro, and Winston-Salem. The company operates as a single business segment and offers a wide variety of consumer and commercial banking services and products. The Bank offers banking services such as checking accounts, savings accounts, Negotiable Order of Withdrawal accounts, money market accounts, certificates of deposit, individual retirement accounts, equity lines of credit, credit lines, consumer loans, and credit cards.
Executives
Jonathan Sears Woodall officer: SVP/CFO 5136 LINKSLAND DRIVE, HOLLY SPRINGS NC 27540

M & F Bancorp Headlines