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Bank of America Corporation logo

Bank of America Corporation (BAC) Interest Expense

Annual Interest Expense

$90.55B$17.22B+23.48%

Summary

Current Value
As of today, BAC annual interest expense is $90.55B, up +23.48% on
Historical Performance
BAC annual interest expense is up +1811.08% over the past 3 years, and up +305.22% over the past 5 years
All-Time High Comparison
BAC annual interest expense is currently at its all-time high
3-Year Low Comparison
BAC annual interest expense is +350.42% above its 3-year low of $20.10B reached on an earlier date
Sector Comparison
BAC annual interest expense is higher than 99.92% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$90.55B+23.5%+1811.1%+305.2%+204.3%
Quarterly Interest Expense$20.13B-14.4%+243.8%+1383.6%+248.7%
TTM Interest Expense$81.58B-10.0%+651.6%+591.1%+240.6%
Price$56.18+21.6%+63.3%+72.7%+294.3%
Annual Interest Coverage Ratio1.32-5.0%-83.8%-46.6%+14.8%
Annual EBIT$119.80B+17.8%+209.4%+117.4%+251.2%
Annual Total Debt$667.56B+6.3%+31.6%+51.6%-12.5%
Annual Revenue$195.87B+11.9%+104.5%+72.0%+42.7%

Interest Expense Highs

BAC Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$90.55Bat high
5Y$90.55Bat high
All$90.55Bat high

Interest Expense Lows

BAC Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$20.10BN/A+350.4%
5Y$4.74B+1811.1%
All$492.79M>+9999.0%

Interest Expense History

YearValueChange
$90.55B+23.5%
$73.33B+264.8%
$20.10B+324.3%
$4.74B-42.4%
$8.23B-63.2%
$22.35B+20.1%
YearValueChange
$18.61B+44.1%
$12.91B+29.6%
$9.96B-5.6%
$10.55B-3.5%
$10.93B-

FAQ

  • What is the current annual interest expense of BAC?

    As of today, BAC annual interest expense is $90.55B

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

    BAC annual interest expense is up +23.48% year-over-year

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

    BAC annual interest expense is up +1811.08% over the past 3 years

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

    BAC annual interest expense is currently at its all-time high

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

    BAC annual interest expense is higher than 99.92% of companies in Financial Services sector

  • When is BAC next annual earnings release?

    The next annual earnings release for BAC is on

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/70858/000007085825000390/0000070858-25-000390-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085825000139/0000070858-25-000139-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