Interest Expense of BANK OF AMERICA CORP /DE/ from 31 Mar 2010 to 31 Mar 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
BANK OF AMERICA CORP /DE/ quarterly and annual Interest Expense in USD history and change rate from 31 Mar 2010 to 31 Mar 2024.
  • BANK OF AMERICA CORP /DE/ Interest Expense for the quarter ending 31 Mar 2024 was $22,253,000,000, a 57% increase year-over-year.
  • BANK OF AMERICA CORP /DE/ Interest Expense for the twelve months ending 31 Mar 2024 was $81,377,000,000, a 147% increase year-over-year.
  • BANK OF AMERICA CORP /DE/ annual Interest Expense for 2023 was $73,331,000,000, a 265% increase from 2022.
  • BANK OF AMERICA CORP /DE/ annual Interest Expense for 2022 was $20,103,000,000, a 324% increase from 2021.
  • BANK OF AMERICA CORP /DE/ annual Interest Expense for 2021 was $4,738,000,000, a 42% decline from 2020.
Source SEC data
View on sec.gov
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

BANK OF AMERICA CORP /DE/ Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2024 $81,377,000,000 $22,253,000,000 +$8,046,000,000 +57% 01 Jan 2024 31 Mar 2024 10-Q 30 Apr 2024 2024 Q1
Q4 2023 $73,331,000,000 $21,683,000,000 +$11,289,000,000 +109% 01 Oct 2023 31 Dec 2023 10-K 20 Feb 2024 2023 FY
Q3 2023 $62,042,000,000 $19,245,000,000 +$13,389,000,000 +229% 01 Jul 2023 30 Sep 2023 10-Q 31 Oct 2023 2023 Q3
Q2 2023 $48,653,000,000 $18,196,000,000 +$15,665,000,000 +619% 01 Apr 2023 30 Jun 2023 10-Q 31 Jul 2023 2023 Q2
Q1 2023 $32,988,000,000 $14,207,000,000 +$12,885,000,000 +975% 01 Jan 2023 31 Mar 2023 10-Q 30 Apr 2024 2024 Q1
Q4 2022 $20,103,000,000 $10,394,000,000 +$9,250,000,000 +809% 01 Oct 2022 31 Dec 2022 10-K 20 Feb 2024 2023 FY
Q3 2022 $10,853,000,000 $5,856,000,000 +$4,614,000,000 +371% 01 Jul 2022 30 Sep 2022 10-Q 31 Oct 2023 2023 Q3
Q2 2022 $6,239,000,000 $2,531,000,000 +$1,377,000,000 +119% 01 Apr 2022 30 Jun 2022 10-Q 31 Jul 2023 2023 Q2
Q1 2022 $4,862,000,000 $1,322,000,000 +$124,000,000 +10% 01 Jan 2022 31 Mar 2022 10-Q 01 May 2023 2023 Q1
Q4 2021 $4,738,000,000 $1,144,000,000 -$64,000,000 -5.3% 01 Oct 2021 31 Dec 2021 10-K 20 Feb 2024 2023 FY
Q3 2021 $4,802,000,000 $1,242,000,000 -$115,000,000 -8.5% 01 Jul 2021 30 Sep 2021 10-Q 28 Oct 2022 2022 Q3
Q2 2021 $4,917,000,000 $1,154,000,000 -$538,000,000 -32% 01 Apr 2021 30 Jun 2021 10-Q 29 Jul 2022 2022 Q2
Q1 2021 $5,455,000,000 $1,198,000,000 -$2,770,000,000 -70% 01 Jan 2021 31 Mar 2021 10-Q 29 Apr 2022 2022 Q1
Q4 2020 $8,225,000,000 $1,208,000,000 -$3,578,000,000 -75% 01 Oct 2020 31 Dec 2020 10-K 22 Feb 2023 2022 FY
Q3 2020 $11,803,000,000 $1,357,000,000 -$4,372,000,000 -76% 01 Jul 2020 30 Sep 2020 10-Q 29 Oct 2021 2021 Q3
Q2 2020 $16,175,000,000 $1,692,000,000 -$4,343,000,000 -72% 01 Apr 2020 30 Jun 2020 10-Q 30 Jul 2021 2021 Q2
Q1 2020 $20,518,000,000 $3,968,000,000 -$1,827,000,000 -32% 01 Jan 2020 31 Mar 2020 10-Q 29 Apr 2021 2021 Q1
Q4 2019 $22,345,000,000 $4,786,000,000 -$546,000,000 -10% 01 Oct 2019 31 Dec 2019 10-K 22 Feb 2022 2021 FY
Q3 2019 $22,891,000,000 $5,729,000,000 +$825,000,000 +17% 01 Jul 2019 30 Sep 2019 10-Q 30 Oct 2020 2020 Q3
Q2 2019 $22,066,000,000 $6,035,000,000 +$1,494,000,000 +33% 01 Apr 2019 30 Jun 2019 10-Q 31 Jul 2020 2020 Q2
Q1 2019 $20,572,000,000 $5,795,000,000 +$1,965,000,000 +51% 01 Jan 2019 31 Mar 2019 10-Q 01 May 2020 2020 Q1
Q4 2018 $18,607,000,000 $5,332,000,000 +$2,300,000,000 +76% 01 Oct 2018 31 Dec 2018 10-K 24 Feb 2021 2020 FY
Q3 2018 $16,307,000,000 $4,904,000,000 +$1,408,000,000 +40% 01 Jul 2018 30 Sep 2018 10-Q 28 Oct 2019 2019 Q3
Q2 2018 $14,899,000,000 $4,541,000,000 +$1,381,000,000 +44% 01 Apr 2018 30 Jun 2018 10-Q 29 Jul 2019 2019 Q2
Q1 2018 $13,518,000,000 $3,830,000,000 +$1,178,000,000 +44% 01 Jan 2018 31 Mar 2018 10-Q 26 Apr 2019 2019 Q1
Q4 2017 $12,340,000,000 $3,032,000,000 +$459,000,000 +18% 01 Oct 2017 31 Dec 2017 10-K 19 Feb 2020 2019 FY
Q3 2017 $11,881,000,000 $3,496,000,000 +$1,087,000,000 +45% 01 Jul 2017 30 Sep 2017 10-Q 29 Oct 2018 2018 Q3
Q2 2017 $10,794,000,000 $3,160,000,000 +$704,000,000 +29% 01 Apr 2017 30 Jun 2017 10-Q 30 Jul 2018 2018 Q2
Q1 2017 $10,090,000,000 $2,652,000,000 +$129,000,000 +5.1% 01 Jan 2017 31 Mar 2017 10-Q 30 Apr 2018 2018 Q1
Q4 2016 $9,961,000,000 $2,573,000,000 -$324,000,000 -11% 01 Oct 2016 31 Dec 2016 10-K 26 Feb 2019 2018 FY
Q3 2016 $10,285,000,000 $2,409,000,000 -$87,000,000 -3.5% 01 Jul 2016 30 Sep 2016 10-Q 30 Oct 2017 2017 Q3
Q2 2016 $10,372,000,000 $2,456,000,000 -$188,000,000 -7.1% 01 Apr 2016 30 Jun 2016 10-Q 31 Jul 2017 2017 Q2
Q1 2016 $10,560,000,000 $2,523,000,000 +$11,000,000 +0.44% 01 Jan 2016 31 Mar 2016 10-Q 02 May 2017 2017 Q1
Q4 2015 $10,549,000,000 $2,897,000,000 +$379,000,000 +15% 01 Oct 2015 31 Dec 2015 10-K 22 Feb 2018 2017 FY
Q3 2015 $10,170,000,000 $2,496,000,000 -$143,000,000 -5.4% 01 Jul 2015 30 Sep 2015 10-Q 01 Nov 2016 2016 Q3
Q2 2015 $10,313,000,000 $2,644,000,000 -$284,000,000 -9.7% 01 Apr 2015 30 Jun 2015 10-Q 01 Aug 2016 2016 Q2
Q1 2015 $10,597,000,000 $2,512,000,000 -$338,000,000 -12% 01 Jan 2015 31 Mar 2015 10-Q 02 May 2016 2016 Q1
Q4 2014 $10,935,000,000 $2,518,000,000 -$408,000,000 -14% 01 Oct 2014 31 Dec 2014 10-K 23 Feb 2017 2016 FY
Q3 2014 $11,343,000,000 $2,639,000,000 -$477,000,000 -15% 01 Jul 2014 30 Sep 2014 10-Q 30 Oct 2015 2015 Q3
Q2 2014 $11,820,000,000 $2,928,000,000 -$348,000,000 -11% 01 Apr 2014 30 Jun 2014 10-Q 29 Jul 2015 2015 Q2
Q1 2014 $12,168,000,000 $2,850,000,000 -$587,000,000 -17% 01 Jan 2014 31 Mar 2014 10-Q 29 Apr 2015 2015 Q1
Q4 2013 $12,755,000,000 $2,926,000,000 -$721,000,000 -20% 01 Oct 2013 31 Dec 2013 8-K 01 Nov 2016 2015 FY
Q3 2013 $13,476,000,000 $3,116,000,000 -$922,000,000 -23% 01 Jul 2013 30 Sep 2013 10-Q 06 Nov 2014 2014 Q3
Q2 2013 $14,398,000,000 $3,276,000,000 -$1,168,000,000 -26% 01 Apr 2013 30 Jun 2013 10-Q 29 Jul 2014 2014 Q2
Q1 2013 $15,566,000,000 $3,437,000,000 -$1,178,000,000 -26% 01 Jan 2013 31 Mar 2013 10-Q 01 May 2014 2014 Q1
Q4 2012 $16,744,000,000 $3,647,000,000 -$1,065,000,000 -23% 01 Oct 2012 31 Dec 2012 8-K 29 Apr 2015 2014 FY
Q3 2012 $17,809,000,000 $4,038,000,000 -$1,325,000,000 -25% 01 Jul 2012 30 Sep 2012 10-Q 30 Oct 2013 2013 Q3
Q2 2012 $19,134,000,000 $4,444,000,000 -$1,358,000,000 -23% 01 Apr 2012 30 Jun 2012 10-Q 01 Aug 2013 2013 Q2
Q1 2012 $20,492,000,000 $4,615,000,000 -$1,128,000,000 -20% 01 Jan 2012 31 Mar 2012 10-Q 07 May 2013 2013 Q1
Q4 2011 $21,620,000,000 $4,712,000,000 -$1,139,000,000 -19% 01 Oct 2011 31 Dec 2011 10-K 25 Feb 2014 2013 FY
Q3 2011 $22,759,000,000 $5,363,000,000 -$411,000,000 -7.1% 01 Jul 2011 30 Sep 2011 10-Q 02 Nov 2012 2012 Q3
Q2 2011 $23,170,000,000 $5,802,000,000 -$417,000,000 -6.7% 01 Apr 2011 30 Jun 2011 10-Q 02 Aug 2012 2012 Q2
Q1 2011 $23,587,000,000 $5,743,000,000 -$387,000,000 -6.3% 01 Jan 2011 31 Mar 2011 10-Q 03 May 2012 2012 Q1
Q4 2010 $23,974,000,000 $5,851,000,000 01 Oct 2010 31 Dec 2010 10-K 28 Feb 2013 2012 FY
Q3 2010 $5,774,000,000 01 Jul 2010 30 Sep 2010 10-Q 03 Nov 2011 2011 Q3
Q2 2010 $6,219,000,000 01 Apr 2010 30 Jun 2010 10-Q 04 Aug 2011 2011 Q2
Q1 2010 $6,130,000,000 01 Jan 2010 31 Mar 2010 10-Q 05 May 2011 2011 Q1

BANK OF AMERICA CORP /DE/ Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 $73,331,000,000 +$53,228,000,000 +265% 01 Jan 2023 31 Dec 2023 10-K 20 Feb 2024 2023 FY
2022 $20,103,000,000 +$15,365,000,000 +324% 01 Jan 2022 31 Dec 2022 10-K 20 Feb 2024 2023 FY
2021 $4,738,000,000 -$3,487,000,000 -42% 01 Jan 2021 31 Dec 2021 10-K 20 Feb 2024 2023 FY
2020 $8,225,000,000 -$14,120,000,000 -63% 01 Jan 2020 31 Dec 2020 10-K 22 Feb 2023 2022 FY
2019 $22,345,000,000 +$3,738,000,000 +20% 01 Jan 2019 31 Dec 2019 10-K 22 Feb 2022 2021 FY
2018 $18,607,000,000 +$6,267,000,000 +51% 01 Jan 2018 31 Dec 2018 10-K 24 Feb 2021 2020 FY
2017 $12,340,000,000 +$2,379,000,000 +24% 01 Jan 2017 31 Dec 2017 10-K 19 Feb 2020 2019 FY
2016 $9,961,000,000 -$588,000,000 -5.6% 01 Jan 2016 31 Dec 2016 10-K 26 Feb 2019 2018 FY
2015 $10,549,000,000 -$386,000,000 -3.5% 01 Jan 2015 31 Dec 2015 10-K 22 Feb 2018 2017 FY
2014 $10,935,000,000 -$1,820,000,000 -14% 01 Jan 2014 31 Dec 2014 10-K 23 Feb 2017 2016 FY
2013 $12,755,000,000 -$3,989,000,000 -24% 01 Jan 2013 31 Dec 2013 8-K 01 Nov 2016 2015 FY
2012 $16,744,000,000 -$4,876,000,000 -23% 01 Jan 2012 31 Dec 2012 8-K 29 Apr 2015 2014 FY
2011 $21,620,000,000 -$2,354,000,000 -9.8% 01 Jan 2011 31 Dec 2011 10-K 25 Feb 2014 2013 FY
2010 $23,974,000,000 01 Jan 2010 31 Dec 2010 10-K 28 Feb 2013 2012 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.