Bank Of America (BACRP) Non Operating Interest Expenses (2009 - 2024)
Bank Of America's (BACRP) quarterly Non Operating Interest Expenses came in at $22.3 billion in Q1 2024, up 56.63% year-over-year from $14.2 billion in Q2 2023, and up 2.63% quarter-over-quarter from $21.7 billion in Q4 2023.
Analysis
Bank Of America (BACRP) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Bank Of America has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $22.3 billion for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 56.63% year-over-year to $22.3 billion; the TTM figure through Mar 2024 stood at $81.4 billion (up 146.69% YoY), while the FY2023 annual figure was $73.3 billion, up 264.78% from the prior year.
- Non Operating Interest Expenses came in at $22.3 billion for Q1 2024 at Bank Of America, up from $21.7 billion in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $22.3 billion in Q1 2024 to a low of $1.1 billion in Q4 2021.
- Average Non Operating Interest Expenses over 5 years is $7.6 billion, with a median of $2.5 billion recorded in 2022.
- Year-over-year, Non Operating Interest Expenses tumbled 76.31% in 2020 and surged 974.66% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.2 billion in 2020, then fell by 5.3% to $1.1 billion in 2021, then soared by 808.57% to $10.4 billion in 2022, then jumped by 108.61% to $21.7 billion in 2023, then advanced by 2.63% to $22.3 billion in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $22.3 billion in Q1 2024, $21.7 billion in Q4 2023, and $19.2 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 334.89 Bn | 174.75 Bn | - | - |
| 3 | Goldman Sachs | 308.48 Bn | -667.86 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.49 Bn |
| 5 | Royal Bank Of Canada | 290.95 Bn | 64.06 Bn | - | 12.80 Bn |
| 6 | Wells Fargo & Company | 271.80 Bn | 67.83 Bn | - | - |
| 7 | American Express | 218.13 Bn | 168.81 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -34.43 Bn |
| 9 | Toronto Dominion Bank | 205.50 Bn | 44.17 Bn | - | 3.04 Bn |
| 10 | Schwab Charles | 186.06 Bn | 112.47 Bn | - | 293.00 Mn |
Historic Data
Download Data
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 |