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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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Tectonic Financial, Inc. quarterly/annual Interest Expense history and growth rate from 2018 to 2023.
- Tectonic Financial, Inc. Interest Expense for the quarter ending June 30, 2024 was $7.8M, a 75.9% increase year-over-year.
- Tectonic Financial, Inc. Interest Expense for the twelve months ending June 30, 2024 was $25.8M, a 108% increase year-over-year.
- Tectonic Financial, Inc. annual Interest Expense for 2023 was $19.1M, a 224% increase from 2022.
- Tectonic Financial, Inc. annual Interest Expense for 2022 was $5.9M, a 62.8% increase from 2021.
- Tectonic Financial, Inc. annual Interest Expense for 2021 was $3.63M, a 31.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)