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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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MetroCity Bankshares, Inc. quarterly/annual Interest Expense history and growth rate from 2017 to 2023.
- MetroCity Bankshares, Inc. Interest Expense for the quarter ending June 30, 2024 was $23.4M, a 3.93% increase year-over-year.
- MetroCity Bankshares, Inc. Interest Expense for the twelve months ending June 30, 2024 was $97.8M, a 48.7% increase year-over-year.
- MetroCity Bankshares, Inc. annual Interest Expense for 2023 was $91.3M, a 231% increase from 2022.
- MetroCity Bankshares, Inc. annual Interest Expense for 2022 was $27.6M, a 504% increase from 2021.
- MetroCity Bankshares, Inc. annual Interest Expense for 2021 was $4.57M, a 60.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)