Evans Bancorp (Evans Bancorp) Interest Expense : $-41.07 Mil (TTM As of Mar. 2024)

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What is Evans Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evans Bancorp's interest expense for the three months ended in Mar. 2024 was $ -11.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-41.07 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. Evans Bancorp's Operating Income for the three months ended in Mar. 2024 was $ Mil. Evans Bancorp's Interest Expense for the three months ended in Mar. 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.

Evans Bancorp Interest Expense Historical Data

The historical data trend for Evans 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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Evans Bancorp Interest Expense Chart

Evans Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.69

-9.05

-4.80

-6.53

-35.64

Evans Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-6.04	-8.31	-10.04	-11.26	-11.47

Evans 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41.07 Mil.

Evans Bancorp (Evans Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Evans Bancorp Inc (AMEX:EVBN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6460 Main Street, Williamsville, NY, USA, 14221

Website

https://www.evansbancorp.com

Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.

Executives

Miller Robert G Jr	director, officer: Pres. M&W Agency/ENB Assoc.	1845 LAKE ROAD, SILVER CREEK NY 14136
David J Nasca	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Lee C Wortham	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James	director	6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior	director	45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney	director	45 SOUTH MAIN STREET, FAIRPORT NY 14450
John B Connerton	officer: Vice President/Controller	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Waring Thomas H Jr	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse	officer: President, The Evans Agency	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G.	officer: President, The Evans Agency	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075