Bogota Financial Corp. Annual Interest Expense in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Bogota Financial Corp. quarterly/annual Interest Expense history and growth rate from 2018 to 2023.
  • Bogota Financial Corp. Interest Expense for the quarter ending March 31, 2024 was $7.41M, a 64.9% increase year-over-year.
  • Bogota Financial Corp. Interest Expense for the twelve months ending March 31, 2024 was $25.2M, a 138% increase year-over-year.
  • Bogota Financial Corp. annual Interest Expense for 2023 was $22.3M, a 207% increase from 2022.
  • Bogota Financial Corp. annual Interest Expense for 2022 was $7.27M, a 25.5% increase from 2021.
  • Bogota Financial Corp. annual Interest Expense for 2021 was $5.79M, a 40.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $22.3M +$15M +207% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-28
2022 $7.27M +$1.48M +25.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-28
2021 $5.79M -$3.89M -40.2% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-24
2020 $9.68M -$2.29M -19.2% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-29
2019 $12M +$3.22M +36.7% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-26
2018 $8.76M Jan 1, 2018 Dec 31, 2018 10-K 2020-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.