Pinnacle Bank (Pinnacle Bank) Interest Expense : $-9.54 Mil (TTM As of Dec. 2023)

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What is Pinnacle Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pinnacle Bank's interest expense for the six months ended in Dec. 2023 was $ -9.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-9.54 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. Pinnacle Bank's Operating Income for the six months ended in Dec. 2023 was $ Mil. Pinnacle Bank'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.

Pinnacle Bank Interest Expense Historical Data

The historical data trend for Pinnacle 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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Pinnacle Bank Interest Expense Chart

Pinnacle Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.71

-1.89

-1.05

-2.02

-9.54

Pinnacle Bank Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial						-1.71	-1.89	-1.05	-2.02	-9.54

Pinnacle Bank 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 $-9.54 Mil.

Pinnacle Bank (Pinnacle Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bank (OTCPK:PBNK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7597 Monterey Street, Gilroy, CA, USA, 95020

Website

https://www.pinnaclebankonline.com

Pinnacle Bank is a bank holding company. The bank offers a range of commercial and retail banking products and services, including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit and letters of credit. It offers various types of deposits, including noninterest-bearing demand deposits and interest-bearing deposits. It provides products and services to small to middle-market businesses, professionals, not-for-profit organizations, and individuals.