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TBBC (Triad Business Bank) Interest Expense : $-12.66 Mil (TTM As of Dec. 2023)


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What is Triad Business Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triad Business Bank's interest expense for the six months ended in Dec. 2023 was $ -12.66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.66 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. Triad Business Bank's Operating Income for the six months ended in Dec. 2023 was $ Mil. Triad Business 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.

Triad Business Bank Interest Expense Historical Data

The historical data trend for Triad Business 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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Triad Business Bank Interest Expense Chart

Triad Business Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.63 -1.23 -2.72 -12.66

Triad Business Bank Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -0.63 -1.23 -2.72 -12.66

Triad Business 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 $-12.66 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.

Triad Business Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Triad Business Bank (OTCPK:TBBC) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1501 Highwoods Boulevard, Suite 103, Greensboro, NC, USA, 27410
Website
https://www.triadbusinessbank.com
Triad Business Bank is engaged in Commercial Lending, Private Banking, and providing treasury solutions. The bank has focused on commercial and private bank loans and deposits.