Bank Of America (BAC) Interest Expense - Debt (2009 - 2026)
Bank Of America (BAC) reported Interest Expense - Debt of $3.1 billion for Q2 2026, down 9.1% from $3.41 billion a year earlier but up 1.4% from the prior quarter.
Bank Of America (BAC) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bank Of America's Interest Expense - Debt came in at $497 million; for FY2025, it was $13.26 billion, down 13.8% from FY2024.
- Interest Expense - Debt has a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $15.38 billion in FY2024 (+5.5%), $14.57 billion in FY2023 (+112.1%), $6.87 billion in FY2022 (+100.2%) and $3.43 billion in FY2021 (-20.6%).
- Five-year quarterly Interest Expense - Debt spans a low of -$10.73 billion in Q4 2024 and a high of $4.03 billion in Q1 2024.
- Year over year, Interest Expense - Debt gained in 1 of the last six quarters, with an average decline of 9.5%.
- The high point for year-over-year Interest Expense - Debt in five years was Q1 2023 (growth of 254.2%); the low point was Q1 2025 (a decline of 17.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.06 billion (Q1 2026), -$9.02 billion (Q4 2025) and $3.36 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 2.39 Bn |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 682.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 Bn |
| Mar 31, 2026 | 3.06 Bn |
| Dec 31, 2025 | -9.02 Bn |
| Sep 30, 2025 | 3.36 Bn |
| Jun 30, 2025 | 3.41 Bn |
| Mar 31, 2025 | 3.32 Bn |
| Dec 31, 2024 | -10.73 Bn |
| Sep 30, 2024 | 3.92 Bn |
| Jun 30, 2024 | 3.89 Bn |
| Mar 31, 2024 | 4.03 Bn |
| Dec 31, 2023 | -9.66 Bn |
| Sep 30, 2023 | 3.77 Bn |
| Jun 30, 2023 | 3.58 Bn |
| Mar 31, 2023 | 3.21 Bn |
| Dec 31, 2022 | -3.93 Bn |
| Sep 30, 2022 | 1.97 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 906.00 Mn |
| Dec 31, 2021 | -2.53 Bn |
| Sep 30, 2021 | 865.00 Mn |
Bank Of America Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=BAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "BAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();