Bank Of America Corp /De/ (BACRP) Non Operating Interest Expenses (2009 - 2024)
Bank Of America's Non Operating Interest Expenses came in at $22.25 billion for Q1 2024, up 56.6% from $14.21 billion a year earlier and up 2.6% from the prior quarter.
Bank Of America Corp /De/ (BACRP) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, Bank Of America reported Non Operating Interest Expenses of $81.38 billion, up 146.7% year-over-year; for FY2023, it came in at $73.33 billion, up 264.8% from FY2022.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of 31.6% (FY2018 to FY2023).
- Going back by year, Non Operating Interest Expenses was $20.1 billion in FY2022 (+324.3%), $4.74 billion in FY2021 (-42.4%), $8.23 billion in FY2020 (-63.2%) and $22.35 billion in FY2019 (+20.1%).
- The Q1 2024 figure represents the highest quarterly Non Operating Interest Expenses in data going back to Q1 2009.
- Year-over-year, Non Operating Interest Expenses has increased for nine consecutive quarters, with growth averaging 410.9% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q1 2023 (growth of 974.7%), and the weakest in Q3 2020 (a decline of 76.3%).
- Business Quant data shows BACRP's Non Operating Interest Expenses at $21.68 billion (Q4 2023), $19.25 billion (Q3 2023) and $18.2 billion (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 22.25 Bn |
| Dec 31, 2023 | 21.68 Bn |
| Sep 30, 2023 | 19.25 Bn |
| Jun 30, 2023 | 18.20 Bn |
| Mar 31, 2023 | 14.21 Bn |
| Dec 31, 2022 | 10.39 Bn |
| Sep 30, 2022 | 5.86 Bn |
| Jun 30, 2022 | 2.53 Bn |
| Mar 31, 2022 | 1.32 Bn |
| Dec 31, 2021 | 1.14 Bn |
| Sep 30, 2021 | 1.24 Bn |
| Jun 30, 2021 | 1.15 Bn |
| Mar 31, 2021 | 1.20 Bn |
| Dec 31, 2020 | 1.21 Bn |
| Sep 30, 2020 | 1.36 Bn |
| Jun 30, 2020 | 1.69 Bn |
| Mar 31, 2020 | 3.97 Bn |
| Dec 31, 2019 | 4.79 Bn |
| Sep 30, 2019 | 5.73 Bn |
| Jun 30, 2019 | 6.04 Bn |
Bank Of America Corp /De/ Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=BACRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "BACRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=BACRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();