Interest Expense
The latest quarterly interest expense is $115,000 with a quarter-over-quarter change of -87.15%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
ERIE Interest Expense
Reported quarterly interest expense; no daily interpolation.
Current Interest Expense
$115,000
$115,000
Quarter-over-Quarter Change
-87.15%
vs. $895,000 prior quarter
Historical Data
23
Quarters of data available
Quarterly Interest Expense History
| Period | Interest Expense | QoQ Change | % Change |
|---|---|---|---|
| Q3 2022 | $115,000 | $-780,000 | -87.15% |
| Q2 2022 | $895,000 | $-104,000 | -10.41% |
| Q1 2022 | $999,000 | $-51,000 | -4.86% |
| Q4 2021 | $1.05M | +$16,000 | +1.55% |
| Q3 2021 | $1.03M | $-5,000 | -0.48% |
| Q2 2021 | $1.04M | +$30,000 | +2.97% |
| Q1 2021 | $1.01M | +$286,000 | +39.56% |
| Q4 2020 | $723,000 | +$720,000 | +24000.00% |
| Q3 2020 | $3,000 | +$1,000 | +50.00% |
| Q2 2020 | $2,000 | $-1,000 | -33.33% |
| Q1 2020 | $3,000 | $-21,000 | -87.50% |
| Q4 2019 | $24,000 | $-87,000 | -78.38% |
| Q3 2019 | $111,000 | $-161,000 | -59.19% |
| Q2 2019 | $272,000 | $-177,000 | -39.42% |
| Q1 2019 | $449,000 | $-147,000 | -24.66% |
| Q4 2018 | $596,000 | $-113,000 | -15.94% |
| Q3 2018 | $709,000 | +$107,000 | +17.77% |
| Q2 2018 | $602,000 | +$49,000 | +8.86% |
| Q1 2018 | $553,000 | +$115,000 | +26.26% |
| Q4 2017 | $438,000 | +$61,000 | +16.18% |
| Q3 2017 | $377,000 | +$120,000 | +46.69% |
| Q2 2017 | $257,000 | +$91,000 | +54.82% |
| Q1 2017 | $166,000 | — | — |
About Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Timothy G. NeCastro