Blue Foundry Bancorp (FRA:5P8) Interest Expense : €-38.55 Mil (TTM As of Mar. 2024)

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What is Blue Foundry Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blue Foundry Bancorp's interest expense for the three months ended in Mar. 2024 was € -10.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-38.55 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. Blue Foundry Bancorp's Operating Income for the three months ended in Mar. 2024 was € Mil. Blue Foundry 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.

Blue Foundry Bancorp Interest Expense Historical Data

The historical data trend for Blue Foundry 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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Blue Foundry Bancorp Interest Expense Chart

Blue Foundry Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-19.72

-18.54

-11.60

-9.98

-34.10

Blue Foundry Bancorp Quarterly Data
	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													-6.44	-8.18	-9.65	-10.21	-10.51

Blue Foundry 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 €-38.55 Mil.

Blue Foundry Bancorp (FRA:5P8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Blue Foundry Bancorp (FRA:5P8) » Definitions » Interest Expense

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Traded in Other Exchanges

BLFY:USA

Address

19 Park Avenue, Rutherford, NJ, USA, 07070

Website

https://www.bluefoundrybank.com

Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.

Blue Foundry Bancorp (FRA:5P8) Headlines

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