Bank Of America BAC
NYSE BAC
$53.78 +0.06 (+0.11%)
At close: Oct 2, 2026 · 4:00 PM EDT

Bank Of America (BAC) Interest Expense - Debt (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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