Primis Financial (FRA:7H80) Interest Expense : €-86.3 Mil (TTM As of Sep. 2023)

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What is Primis Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primis Financial's interest expense for the three months ended in Sep. 2023 was € -21.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-86.3 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. Primis Financial's Operating Income for the three months ended in Sep. 2023 was € Mil. Primis Financial's Interest Expense for the three months ended in Sep. 2023 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.

Primis Financial Interest Expense Historical Data

The historical data trend for Primis Financial'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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Primis Financial Interest Expense Chart

Primis Financial Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-33.23

-21.49

-16.85

-20.38

-85.99

Primis Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8.55	-17.51	-24.48	-21.89	-22.38

Primis Financial 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-86.3 Mil.

Primis Financial (FRA:7H80) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Primis Financial Corp (FRA:7H80) » Definitions » Interest Expense

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FRST:USA

Address

6830 Old Dominion Drive, McLean, VA, USA, 22101

Website

https://www.primisbank.com

Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

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