VTYB (Victory Bancorp) Interest Expense : $-11.82 Mil (TTM As of Sep. 2024)

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What is Victory Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Victory Bancorp's interest expense for the three months ended in Sep. 2024 was $ -4.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-11.82 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. Victory Bancorp's Operating Income for the three months ended in Sep. 2024 was $ Mil. Victory 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.

Victory Bancorp Interest Expense Historical Data

The historical data trend for Victory 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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Victory Bancorp Interest Expense Chart

Victory Bancorp Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

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Dec23

Interest Expense

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-3.62

-3.47

-2.44

-3.67

-11.16

Victory Bancorp Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-2.96	-	-3.76	-3.99	-4.06

Victory 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 $-11.82 Mil.

Victory Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Victory Bancorp Inc (OTCPK:VTYB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468

Website

https://www.victorybank.com

Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.