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SRBK (SR Bancorp) Interest Expense : $-13.97 Mil (TTM As of Sep. 2024)


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What is SR Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SR Bancorp's interest expense for the three months ended in Sep. 2024 was $ -3.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-13.97 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. SR Bancorp's Operating Income for the three months ended in Sep. 2024 was $ Mil. SR Bancorp's Interest Expense for the three months ended in Sep. 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.

SR Bancorp Interest Expense Historical Data

The historical data trend for SR 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.

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SR Bancorp Interest Expense Chart

SR Bancorp Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Expense
-2.42 -1.54 -2.43 -11.50

SR Bancorp Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.40 -3.27 -3.38 -3.45 -3.87

SR 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.97 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.

SR Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SR Bancorp Inc (NAS:SRBK) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
220 West Union Avenue, Bound Brook, NJ, USA, 08805
Website
https://www.somersetregalbank.com
SR Bancorp Inc principal business is to acquire deposits from individuals and businesses in the communities surrounding offices and to use these deposits to fund loans.
Executives
Marc Lebovitz director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Thomas Lupo director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
David M Orbach director, officer: Executive Chair 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
William P Taylor director, officer: CEO 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Christopher J Pribula director, officer: President and COO 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Mary E Davey director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
James Castelletti officer: SVP-Sr. Comm. Lending Officer 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Douglas M Sonier director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Neil C Viotto officer: SVP-Mortgage Lending 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
Harris M Faqueri officer: VP and CFO 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
John W Mooney director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805
James R Silkensen director 220 WEST UNION AVENUE, BOUND BROOK NJ 08805