GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northway Financial Inc (OTCPK:NWYF) » Definitions » Interest Expense

Northway Financial (Northway Financial) Interest Expense : $-17.04 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Northway Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northway Financial's interest expense for the six months ended in Dec. 2023 was $ -17.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.04 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. Northway Financial's Operating Income for the six months ended in Dec. 2023 was $ Mil. Northway Financial's Interest Expense for the six months ended in Dec. 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.


Northway Financial Interest Expense Historical Data

The historical data trend for Northway 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.

* Premium members only.

Northway Financial Interest Expense Chart

Northway Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.27 -3.73 -2.19 -4.31 -17.04

Northway Financial Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec08 Dec09 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense 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 Premium Member Only Premium Member Only -5.27 -3.73 -2.19 -4.31 -17.04

Northway Financial 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. 2023 was $-17.04 Mil.

* 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.


Northway Financial (Northway Financial) Business Description

Traded in Other Exchanges
N/A
Address
3424 White Mountain Highway, North Conway, Conway, NH, USA, 03860
Northway Financial Inc is a bank holding company. The bank is engaged in the business of attracting deposits from the public and investing those deposits in securities, commercial loans, real estate loans, and consumer loans. It provides various products and services such as Personal checking, Debit cards, Online banking, Mobile Banking, Mortgages, Business Loans, Credit cards, Personal insurance, investments, and other related services.
Executives
Jeffrey D Smith officer: SVP-Chief Admin. Officer 2 ELM STREET / PO BOX 310, CAMDEN ME 04843
Fletcher W Adams director
Stephen G Boucher director
Richard P Orsillo officer: SVP & Chief Financial Officer
Richard T Brunelle officer: SVP Comm'l Loan Officer
William J Woodward director, officer: Chairman, President & CEO
John H Noyes director
Barry J Kelly director
John A Gobel officer: SVP/Senior Technology Officer PO BOX 69, FRANKFORT ME 04438
Mark C Bechtold officer: SVP/Sr HR Leadership Dev Off. 99 HYFIELD LANE, JEFFERSON NH 03583
John D Morris director