Unity Bank (NSA:UBP) Interest Expense : ₦-29,647 Mil (TTM As of Dec. 2022)

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What is Unity Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unity Bank's interest expense for the six months ended in Dec. 2022 was ₦ -29,647 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was ₦-29,647 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. Unity Bank's Operating Income for the six months ended in Dec. 2022 was ₦ Mil. Unity Bank's Interest Expense for the six months ended in Dec. 2022 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.

Unity Bank Interest Expense Historical Data

The historical data trend for Unity Bank'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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Unity Bank Interest Expense Chart

Unity Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-15,535.82

-19,454.65

-21,372.32

-23,127.01

-29,647.24

Unity Bank Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Expense	Get a 7-Day Free Trial			-15,535.82	-19,454.65	-21,372.32	-23,127.01	-29,647.24

Unity Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was ₦-29,647 Mil.

Unity Bank (NSA:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bank PLC (NSA:UBP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA

Website

http://www.unitybankng.com

Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.