GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankFinancial Corp (NAS:BFIN) » Definitions » Effective Interest Rate on Debt %

BankFinancial (BankFinancial) Effective Interest Rate on Debt % : 43.61% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is BankFinancial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. BankFinancial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $19.27 Mil. BankFinancial's average total debt for the quarter that ended in Mar. 2024 was $44.19 Mil. Therefore, BankFinancial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 43.61%.


BankFinancial Effective Interest Rate on Debt % Historical Data

The historical data trend for BankFinancial's Effective Interest Rate on Debt % 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.

* Premium members only.

BankFinancial Effective Interest Rate on Debt % Chart

BankFinancial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.22 344.15 19.55 20.27 44.55

BankFinancial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % 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 28.65 26.06 35.29 40.21 43.61

Competitive Comparison of BankFinancial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, BankFinancial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BankFinancial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankFinancial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BankFinancial's Effective Interest Rate on Debt % falls into.



BankFinancial Effective Interest Rate on Debt % Calculation

BankFinancial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -14.326/( (19.634+44.678)/ 2 )
=-1  *  -14.326/32.156
=44.55 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.634 + 0
=19.634

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.678 + 0
=44.678

BankFinancial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -19.272/( (44.678+43.705)/ 2 )
=-1  *  -19.272/44.1915
=43.61 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.678 + 0
=44.678

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.705 + 0
=43.705

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


BankFinancial  (NAS:BFIN) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


BankFinancial Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of BankFinancial's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


BankFinancial (BankFinancial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
60 North Frontage Road, Burr Ridge, IL, USA, 60527
BankFinancial Corp is the bank holding company of BankFinancial, F.S.B. The company is a full-service, national bank principally engaged in the business of commercial, family and personal banking. It offers customers a broad range of loan, deposit, trust and other financial products and services. The Bank offers customers a broad range of loan, deposit, trust and other financial products and services through all full-service banking offices located in Cook, DuPage, Lake and Will Counties, Illinois and through Internet Branch.
Executives
Aaron J O'connor other: Director - Affiliate 60 N FRONTAGE RD, STE 130, BURR RIDGE IL 60527
Debra Zukonik director 60 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Glen Wherfel other: Director of Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
John G Manos officer: Regional President - Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Thomas F Oneill director C/O HARMON & CRAVEN LLP, 488 MADISON AVE, NEW YORK NY 10022
John M Hausmann director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
James J Brennan officer: EVP and Corporate Secretary 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Deutsch William J. Jr. officer: Leasing President - Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
F Morgan Gasior director, officer: Chairman, CEO & President 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Terry R Wells director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Paul A Cloutier officer: EVP & Chief Financial Officer 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Patricia Smith officer: EVP 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Gregg T Adams officer: EVP of Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Joseph A Schudt director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
John W Palmer director C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373