Bank of America Corporation company logo
Bank of America Corporation logo

Bank of America Corporation (BAC) Interest Expense

Annual Interest Expense

$78.47B$12.08B-13.34%

Summary

Current Value
As of today, BAC annual interest expense is $78.47B, down -13.34% on
Historical Performance
BAC annual interest expense is up +290.34% over the past 3 years, and up +854.04% over the past 5 years
All-Time High Comparison
BAC annual interest expense is currently -13.34% below its historical high of $90.55B set on
3-Year Low Comparison
BAC annual interest expense is +290.34% above its 3-year low of $20.10B reached on an earlier date
Sector Comparison
BAC annual interest expense is higher than 99.85% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$78.47B-13.3%+290.3%+854.0%+227.3%
Quarterly Interest Expense$18.51B-14.4%+78.1%+1432.4%+216.4%
TTM Interest Expense$78.47B-13.3%+290.3%+854.0%+227.2%
Price$53.08+13.5%+49.7%+79.0%+290.3%
Annual Interest Coverage Ratio1.48+12.1%-41.7%-55.3%+57.5%
Annual EBIT$116.17B-3.0%+127.5%+326.8%+412.9%
Annual Total Debt$710.62B+6.5%+39.6%+53.5%-5.7%
Annual Revenue$191.57B-2.2%+65.8%+101.8%+47.9%

Interest Expense Highs

BAC Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$90.55B-13.3%
5Y$90.55B-13.3%
All$90.55B-13.3%

Interest Expense Lows

BAC Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$20.10BN/A+290.3%
5Y$4.74B+1556.2%
All$492.79M>+9999.0%

Interest Expense History

YearValueChange
$78.47B-13.3%
$90.55B+23.5%
$73.33B+264.8%
$20.10B+324.3%
$4.74B-42.4%
$8.23B-63.2%
$22.35B+20.1%
$18.61B+44.1%
$12.91B+29.6%
$9.96B-5.6%
$10.55B-3.5%
$10.93B-14.3%
$12.76B-23.8%
$16.74B-22.6%
$21.62B-9.8%
$23.97B-19.4%
$29.76B-26.2%
$40.32B-23.7%
$52.87B+20.2%
$43.99B+57.7%
$27.89B+86.0%
$14.99B+40.6%
$10.67B-5.1%
YearValueChange
$11.24B-37.6%
$18.00B-27.5%
$24.82B+30.0%
$19.09B-5.9%
$20.29B+133.7%
$8.68B+16.3%
$7.47B-3.9%
$7.77B+46.2%
$5.32B+49.0%
$3.57B-3.0%
$3.68B-34.2%
$5.60B+43.2%
$3.91B+9.0%
$3.59B+129.1%
$1.57B+19.9%
$1.31B+4.9%
$1.25B+15.9%
$1.08B+5.9%
$1.02B+34.6%
$754.54M+8.3%
$696.42M+0.0%
$696.30M+41.3%
$492.79M-

FAQ

  • What is the current annual interest expense of BAC?

    As of today, BAC annual interest expense is $78.47B

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

    BAC annual interest expense is down -13.34% year-over-year

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

    BAC annual interest expense is up +290.34% over the past 3 years

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

    BAC annual interest expense is currently -13.34% below its historical high of $90.55B set on December 31, 2024

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

    BAC annual interest expense is higher than 99.85% of companies in Financial Services sector

  • When is BAC next annual earnings release?

    As of today, the next annual earnings release for BAC has not been scheduled

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. BAC Official Website www.bankofamerica.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  4. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  5. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac