GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Inter & Co Inc (NAS:INTR) » Definitions » Net Interest Income (for Banks)

Inter (INTR) Net Interest Income (for Banks) : $707 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Inter Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Inter's net interest income for the three months ended in Mar. 2024 was $195 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $707 Mil.

Inter's quarterly net interest income increased from Sep. 2023 ($155 Mil) to Dec. 2023 ($192 Mil) and increased from Dec. 2023 ($192 Mil) to Mar. 2024 ($195 Mil).

Inter's annual net interest income increased from Dec. 2021 ($290 Mil) to Dec. 2022 ($439 Mil) and increased from Dec. 2022 ($439 Mil) to Dec. 2023 ($669 Mil).


Inter Net Interest Income (for Banks) Historical Data

The historical data trend for Inter's Net Interest Income (for Banks) 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.

Inter Net Interest Income (for Banks) Chart

Inter Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only 142.82 149.77 289.63 438.77 668.88

Inter Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) 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 136.61 165.25 155.09 191.73 194.92

Inter Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) 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 $707 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.


Inter (INTR) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Barbacena, 1.219, 22nd Floor, Belo Horizonte, MG, BRA, 30 190-131
Inter & Co Inc operates as a digital bank. The company's segment includes Banking & Spending; Investments; Insurance Brokerage; and Inter Shop & Commerce Plus. It generates maximum revenue from the Banking & Spending.

Inter (INTR) Headlines

From GuruFocus

Inter&Co Stock Liquidity Update

By Stock market mentor Stock market mentor 02-02-2023

Inter&Co Stock Liquidity Update

By GlobeNewswire GlobeNewswire 02-02-2023

Inter&Co, Inc Reports Third Quarter 2022 Financial Results

By Value_Insider Value_Insider 11-08-2022

Inter&Co Acquires YellowFi to Expand its Product Offering in the US

By Stock market mentor Stock market mentor 02-07-2023

Inter&Co elects Claudia Farkouh Prado to Board of Directors

By sperokesalga sperokesalga 06-05-2023

Inter&Co Wins Two IFLR Americas 2023 Awards Recognizing Legal Innovation

By GlobeNewswire GlobeNewswire 05-22-2023

Inter&Co Announces New Members to Its Board of Directors

By GlobeNewswire GlobeNewswire 02-17-2023