MainStreet Bancshares (MainStreet Bancshares) Interest Expense : $-57.62 Mil (TTM As of Mar. 2024)

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What is MainStreet Bancshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MainStreet Bancshares's interest expense for the three months ended in Mar. 2024 was $ -17.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-57.62 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. MainStreet Bancshares's Operating Income for the three months ended in Mar. 2024 was $ Mil. MainStreet Bancshares'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.

MainStreet Bancshares Interest Expense Historical Data

The historical data trend for MainStreet Bancshares'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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MainStreet Bancshares Interest Expense Chart

MainStreet Bancshares Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-19.38

-16.10

-10.66

-13.84

-48.18

MainStreet Bancshares 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															-7.55	-11.44	-13.12	-16.07	-17.00

MainStreet Bancshares 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 $-57.62 Mil.

MainStreet Bancshares (MainStreet Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MainStreet Bancshares Inc (NAS:MNSBP.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MNSB:USA 5L0:Germany

Address

10089 Fairfax Boulevard, Fairfax, VA, USA, 22030

Website

https://www.mstreetbank.com

MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.