Stanbic IBTC Holdings (NSA:STANBIC) Interest Expense : ₦-216,197 Mil (TTM As of Dec. 2024)

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What is Stanbic IBTC Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stanbic IBTC Holdings's interest expense for the three months ended in Dec. 2024 was ₦ -42,267 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-216,197 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. Stanbic IBTC Holdings's Operating Income for the three months ended in Dec. 2024 was ₦ Mil. Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings Interest Expense Historical Data

The historical data trend for Stanbic IBTC Holdings'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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Stanbic IBTC Holdings Interest Expense Chart

Stanbic IBTC Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-31,561.00

-29,379.00

-39,551.00

-95,403.00

-156,011.00

Stanbic IBTC Holdings 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															-31,315.00	-38,903.00	-32,927.00	-102,100.00	-42,267.00

Stanbic IBTC Holdings 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 ₦-216,197 Mil.

Stanbic IBTC Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stanbic IBTC Holdings PLC (NSA:STANBIC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Walter Carrington Crescent, IBTC Place, Victoria Island, Lagos, NGA

Website

https://www.stanbicibtcbank.com

Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Banking; Corporate and Investment Banking; Personal and Private Banking; and Insurance and Asset Management. It generates a majority of its revenue from the Corporate and Investment Banking segment which serves companies, governments, parastatals, and institutional clients across Africa and internationally.

Stanbic IBTC Holdings Headlines

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