Bank Of America (BAC) Interest Expense - Debt (2009 - 2026)
Bank Of America (BAC) reported Interest Expense - Debt of $3.08 billion for Q3 2026, down 8.4% from $3.36 billion a year earlier and down 0.8% from the prior quarter.
Bank Of America (BAC) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Bank Of America's Interest Expense - Debt came in at $215 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 has now declined in each of the last three quarters, with an average decline of 11.6% over the last six quarters.
- 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 Q3 2026 came in at $3.1 billion (Q2 2026), $3.06 billion (Q1 2026) and -$9.02 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 4.66 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 3.08 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 3.46 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 1.07 Bn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 3.05 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 2.43 Bn |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | 676.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.08 Bn |
| 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 |
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();