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TowneBank (TOWN) Interest Expense

Annual Interest Expense

$331.92M$84.46M+34.13%

Summary

Current Value
As of today, TOWN annual interest expense is $331.92M, up +34.13% on
Historical Performance
TOWN annual interest expense is up +707.91% over the past 3 years, and up +203.21% over the past 5 years
All-Time High Comparison
TOWN annual interest expense is currently at its all-time high
3-Year Low Comparison
TOWN annual interest expense is +486.74% above its 3-year low of $56.57M reached on an earlier date
Sector Comparison
TOWN annual interest expense is higher than 87.50% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

TOWN Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$331.92M+34.1%+707.9%+203.2%+446.5%
Quarterly Interest Expense$71.39M-15.3%+429.4%+280.4%+535.1%
TTM Interest Expense$288.94M-12.5%+585.6%+217.0%+699.8%
Price$34.38+2.7%+9.4%+33.2%+109.3%
Annual Interest Coverage Ratio1.57-10.3%-79.9%+57.0%-3.7%
Annual EBIT$522.31M+20.4%+62.8%+377.1%+426.9%
Annual Total Debt$349.46M-39.3%-35.1%-57.5%-33.6%
Annual Revenue$1.02B+8.5%+42.9%+52.4%+355.7%

Interest Expense Highs

TOWN Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$331.92Mat high
5Y$331.92Mat high
All$331.92Mat high

Interest Expense Lows

TOWN Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$56.57MN/A+486.7%
5Y$41.08M+707.9%
All$15.43M+2051.0%

Interest Expense History

YearValueChange
$331.92M+34.1%
$247.46M+337.4%
$56.57M+37.7%
$41.08M-48.7%
$80.02M-26.9%
$109.47M+35.6%
$80.75M+83.6%
$43.98M+23.1%
$35.74M+10.2%
$32.43M+21.1%
$26.78M+1.4%
YearValueChange
$26.40M-9.7%
$29.22M-19.4%
$36.25M-22.1%
$46.56M-23.3%
$60.74M-4.7%
$63.72M-9.5%
$70.43M+42.9%
$49.30M+82.3%
$27.04M+57.4%
$17.17M+11.3%
$15.43M-

FAQ

  • What is the current annual interest expense of TOWN?

    As of today, TOWN annual interest expense is $331.92M

  • What is 1-year change in TOWN annual interest expense?

    TOWN annual interest expense is up +34.13% year-over-year

  • What is 3-year change in TOWN annual interest expense?

    TOWN annual interest expense is up +707.91% over the past 3 years

  • How far is TOWN annual interest expense from its all-time high?

    TOWN annual interest expense is currently at its all-time high

  • How does TOWN annual interest expense rank versus sector peers?

    TOWN annual interest expense is higher than 87.50% of companies in Financial Services sector

  • When is TOWN next annual earnings release?

    The next annual earnings release for TOWN is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. TOWN Official Website www.townebank.com
  2. TOWN Profile on Yahoo Finance finance.yahoo.com/quote/TOWN
  3. TOWN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/town