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Banca Popolare di Sondrio SpA (MIL:BPSO) Interest Expense : €-987 Mil (TTM As of Mar. 2024)


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What is Banca Popolare di Sondrio SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banca Popolare di Sondrio SpA's interest expense for the three months ended in Mar. 2024 was € -280 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-987 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. Banca Popolare di Sondrio SpA's Operating Income for the three months ended in Mar. 2024 was € Mil. Banca Popolare di Sondrio SpA'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.


Banca Popolare di Sondrio SpA Interest Expense Historical Data

The historical data trend for Banca Popolare di Sondrio SpA'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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Banca Popolare di Sondrio SpA Interest Expense Chart

Banca Popolare di Sondrio SpA 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 -113.43 -104.39 -113.14 -153.49 -875.07

Banca Popolare di Sondrio SpA Quarterly Data
Jun19 Sep19 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 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 -168.34 -217.02 -233.18 -256.54 -280.02

Banca Popolare di Sondrio SpA 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 €-987 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.


Banca Popolare di Sondrio SpA (MIL:BPSO) Business Description

Traded in Other Exchanges
Address
Piazza Garibaldi, 16, Sondrio, ITA, 23100
Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

Banca Popolare di Sondrio SpA (MIL:BPSO) Headlines

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