MHZNY (Mahindra & Mahindra Financial Services) Other Noninterest Expense : $662.01 Mil (As of Jun. 2024)

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What is Mahindra & Mahindra Financial Services Other Noninterest Expense?

Mahindra & Mahindra Financial Services's other noninterest expense for the three months ended in Jun. 2024 was $178.78 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $662.01 Mil.

Mahindra & Mahindra Financial Services Other Noninterest Expense Historical Data

The historical data trend for Mahindra & Mahindra Financial Services's Other Noninterest 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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Mahindra & Mahindra Financial Services Other Noninterest Expense Chart

Mahindra & Mahindra Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Noninterest Expense

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627.53

815.29

680.84

535.75

640.94

Mahindra & Mahindra Financial Services Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Other Noninterest Expense	Get a 7-Day Free Trial															175.25	173.47	150.91	158.85	178.78

Mahindra & Mahindra Financial Services Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $662.01 Mil.

Mahindra & Mahindra Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mahindra & Mahindra Financial Services Ltd (GREY:MHZNY) » Definitions » Other Noninterest Expense

Comparable Companies

Traded in Other Exchanges

M&MFIN:India 532720:India

Address

Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindrafinance.com

Mahindra & Mahindra Financial Services Ltd is a nonbanking financial company engaged in financing new and pre-owned auto, utility vehicles, tractors, passenger cars and commercial vehicles through its pan India branch network. The company has a diversified lending portfolio across retail, small and medium enterprises and commercial customers with a presence in rural and semi-urban India. The company has two segments : Financing Activities, that includes financing and leasing of automobiles, tractors, commercial vehicles, SMEs and housing finance.; and Other reconciling items which consists insurance broking, asset management services and trusteeship services. It derives maximum revenue from Financing Activities.