Bank Of America (BAC) Interest Expense - Deposits (2009 - 2026)
Bank Of America (BAC) recorded Interest Expense - Deposits of $7.37 billion in Q2 2026, down 15.1% from $8.68 billion a year earlier but up 1.0% from the prior quarter.
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Analysis
Bank Of America (BAC) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
On a TTM basis, Bank Of America's Interest Expense - Deposits came in at $31.87 billion as of Jun 30, 2026, down 13.8% year-over-year; for FY2025, it came in at $34.51 billion, down 10.2% from FY2024.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 77.8% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $38.44 billion in FY2024 (+46.9%), $26.16 billion in FY2023 (+454.5%), $4.72 billion in FY2022 (+778.6%) and $537 million in FY2021 (-72.4%).
- Quarterly Interest Expense - Deposits has ranged from $133 million in Q3 2021 to $10.13 billion in Q3 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Deposits has declined for six consecutive quarters, with an average decline of 3.0% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 828.6% in Q3 2022, against a decline of 41.4% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.3 billion (Q1 2026), $8.27 billion (Q4 2025) and $8.93 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 903.97 Bn | 903.97 Bn | - | - |
| 2 | Bank Of America | 356.92 Bn | -2,019.15 Bn | - | 7.37 Bn |
| 3 | Hsbc Holdings | 296.96 Bn | -1,806.64 Bn | - | - |
| 4 | Morgan Stanley | 285.10 Bn | 285.10 Bn | - | - |
| 5 | Royal Bank Of Canada | 284.66 Bn | -545.38 Bn | - | 7.85 Bn |
| 6 | Goldman Sachs | 266.61 Bn | 266.61 Bn | - | - |
| 7 | Wells Fargo & Company | 250.94 Bn | 250.94 Bn | - | 5.85 Bn |
| 8 | Mitsubishi Ufj Financial | 245.01 Bn | -96.38 Bn | 10.89 Bn | 3.48 Bn |
| 9 | Toronto Dominion Bank | 214.22 Bn | -461.66 Bn | - | 6.09 Bn |
| 10 | American Express | 214.16 Bn | 13.64 Bn | - | 1.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.37 Bn |
| Mar 31, 2026 | 7.30 Bn |
| Dec 31, 2025 | 8.27 Bn |
| Sep 30, 2025 | 8.93 Bn |
| Jun 30, 2025 | 8.68 Bn |
| Mar 31, 2025 | 8.63 Bn |
| Dec 31, 2024 | 9.52 Bn |
| Sep 30, 2024 | 10.13 Bn |
| Jun 30, 2024 | 9.66 Bn |
| Mar 31, 2024 | 9.14 Bn |
| Dec 31, 2023 | 8.72 Bn |
| Sep 30, 2023 | 7.34 Bn |
| Jun 30, 2023 | 5.79 Bn |
| Mar 31, 2023 | 4.31 Bn |
| Dec 31, 2022 | 3.00 Bn |
| Sep 30, 2022 | 1.24 Bn |
| Jun 30, 2022 | 320.00 Mn |
| Mar 31, 2022 | 164.00 Mn |
| Dec 31, 2021 | 143.00 Mn |
| Sep 30, 2021 | 133.00 Mn |
API Access
Bank Of America Interest Expense - Deposits 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-deposits&ticker=BAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();