SBKO (Summit Bank Group) Interest Expense : $-18.75 Mil (TTM As of Dec. 2023)

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What is Summit Bank Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Summit Bank Group's interest expense for the six months ended in Dec. 2023 was $ -18.75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-18.75 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. Summit Bank Group's Operating Income for the six months ended in Dec. 2023 was $ Mil. Summit Bank Group'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.

Summit Bank Group Interest Expense Historical Data

The historical data trend for Summit Bank Group'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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Summit Bank Group Interest Expense Chart

Summit Bank Group Annual Data

Trend

Dec06

Dec07

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.12

-1.34

-0.65

-4.21

-18.75

Summit Bank Group Semi-Annual Data
	Dec06	Dec07	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial				-3.12	-1.34	-0.65	-4.21	-18.75

Summit Bank Group 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 $-18.75 Mil.

Summit Bank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit Bank Group Inc (OTCPK:SBKO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 East Broadway, Eugene, OR, USA, 97401

Website

https://www.sbko.bank

Summit Bank Group Inc provides commercial banking, financing, real estate lending and other services in Lane, Deschutes and Multnomah Counties in Oregon. It also specializes in providing high-level service to professionals and medium-sized businesses and their owners.

Summit Bank Group Headlines

From GuruFocus

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