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, 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 99.87% of companies in Financial Services sector

Interest Expense Chart

SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$78.47B-13.3%+290.3%+854.0%+227.3%
Quarterly Interest Expense$17.84B-11.7%-2.0%+1445.5%+207.4%
TTM Interest Expense$74.09B-12.8%+52.3%+1406.9%+219.8%
Price$64.23+34.0%+120.7%+57.5%+816.3%
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$194.26B-0.8%+68.1%+104.7%+50.0%

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 99.87% 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 Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  3. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  4. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac