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Banco Bmg (BSP:BMGB4) Interest Expense : R$-2,320 Mil (TTM As of Mar. 2024)


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What is Banco Bmg Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco Bmg's interest expense for the three months ended in Mar. 2024 was R$ -978 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-2,320 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. Banco Bmg's Operating Income for the three months ended in Mar. 2024 was R$ Mil. Banco Bmg's Interest Expense for the three months ended in Mar. 2024 was R$ 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.


Banco Bmg Interest Expense Historical Data

The historical data trend for Banco Bmg'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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Banco Bmg Interest Expense Chart

Banco Bmg Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -1,412.69 -1,293.53 -1,120.22 -1,881.42 -3,699.91

Banco Bmg Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -878.84 -1,044.68 -1,248.17 -1,341.56 -978.24

Banco Bmg 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,320 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.


Banco Bmg (BSP:BMGB4) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitscheck, 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, CEP 04543-900
Banco Bmg SA BMG is a Brazilian company that operates as a multiple service bank with commercial and credit, financing and investment portfolios. The company operates in three segments: Retail Banking, Wholesale Banking and Insurance. The majority of the revenue is generated from the retail banking segment.

Banco Bmg (BSP:BMGB4) Headlines

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