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FCMB Group (NSA:FCMB) Interest Expense : ₦-214,089 Mil (TTM As of Mar. 2024)


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What is FCMB Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FCMB Group's interest expense for the three months ended in Mar. 2024 was ₦ -70,004 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₦-214,089 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. FCMB Group's Operating Income for the three months ended in Mar. 2024 was ₦ Mil. FCMB Group'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.


FCMB Group Interest Expense Historical Data

The historical data trend for FCMB Group'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.

FCMB Group Interest Expense Chart

FCMB Group 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 -61,470.84 -60,265.79 -71,127.77 -97,554.17 -178,396.60

FCMB Group 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 -34,311.64 -42,397.97 -41,871.14 -59,815.85 -70,004.25

FCMB Group 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 ₦-214,089 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.


FCMB Group (NSA:FCMB) Business Description

Traded in Other Exchanges
N/A
Address
44 Marina, First City Plaza, Lagos, NGA
FCMB Group PLC provides banking products and services in Nigeria. Its business is divided into eight segments including Investment Banking, SME (Small and Medium Enterprises) Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, Treasury and Financial Markets, and Asset Management. The bank generates the majority of its revenue from the personal banking segment that offers private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. It has geographic operations in Nigeria and Europe.

FCMB Group (NSA:FCMB) Headlines

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