GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PB Bankshares Inc (NAS:PBBK) » Definitions » Effective Interest Rate on Debt %

PB Bankshares (PB Bankshares) Effective Interest Rate on Debt % : 22.52% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PB Bankshares 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. PB Bankshares's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $11.93 Mil. PB Bankshares's average total debt for the quarter that ended in Mar. 2024 was $52.96 Mil. Therefore, PB Bankshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 22.52%.


PB Bankshares Effective Interest Rate on Debt % Historical Data

The historical data trend for PB Bankshares'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.

PB Bankshares Effective Interest Rate on Debt % Chart

PB Bankshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
9.43 10.44 11.81 9.19 15.02

PB Bankshares Quarterly Data
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 11.11 14.88 16.41 18.48 22.52

Competitive Comparison of PB Bankshares's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, PB Bankshares'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.


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

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

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



PB Bankshares Effective Interest Rate on Debt % Calculation

PB Bankshares'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  *  -7.718/( (47.638+55.104)/ 2 )
=-1  *  -7.718/51.371
=15.02 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.638 + 0
=47.638

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.104 + 0
=55.104

PB Bankshares'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  *  -11.928/( (55.104+50.819)/ 2 )
=-1  *  -11.928/52.9615
=22.52 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.104 + 0
=55.104

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.319 + 7.5
=50.819

* 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.


PB Bankshares  (NAS:PBBK) Effective Interest Rate on Debt % Explanation

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


PB Bankshares Effective Interest Rate on Debt % Related Terms

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


PB Bankshares (PB Bankshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
185 East Lincoln Highway, Coatesville, PA, USA, 19320
PB Bankshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. Its business consists of attracting retail and commercial deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in commercial real estate loans, commercial and industrial loans, construction, home equity lines of credit and to a lesser extent, one- to four-family residential real estate loans and consumer loans.
Executives
Janak M Amin director, officer: President and CEO 4981 SADDLE BROOK DRIVE, HARRISBURG PA 17112
William H Sayre officer: EVP, Chief Credit/Risk Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Lindsay S Bixler officer: Chief Financial Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Joseph W Carroll director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Douglas L Byers officer: Chief Banking Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry Witt officer: Chief Info. & Oper. Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Bony Dawood director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
R Cheston Woolard director 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Jane B Tompkins director 20 SOUTH MAIN STREET, CHAMBERSBURG PA 17201
Spencer J Andress director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Pinno John V Iii director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Thomas R Greenfield director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry J Constable director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Mary Joye Wentz director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320

PB Bankshares (PB Bankshares) Headlines

From GuruFocus

Pb Bankshares Inc (PBBK) President and CEO Janak M Amin Bought $53,641 of Shares

By GuruFocus Research GuruFocus Editor 12-03-2021

Pb Bankshares Inc (PBBK) President and CEO Janak M Amin Bought $182,218 of Shares

By GuruFocus Research GuruFocus Editor 11-13-2021

Pb Bankshares Inc (PBBK) President and CEO Janak M Amin Bought $221,155 of Shares

By GuruFocus Research GuruFocus Editor 08-19-2021

Pb Bankshares Inc (PBBK) President and CEO Janak M Amin Bought $73,016 of Shares

By GuruFocus Research GuruFocus Editor 11-30-2021