BANK OF AMERICA CORP /DE/ Quarterly Interest Expense in USD from Q1 2010 to Q1 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/annual Interest Expense history and growth rate from Q1 2010 to Q1 2024.
  • Bank Of America Corp /De/ Interest Expense for the quarter ending March 31, 2024 was $22.3B, a 56.6% increase year-over-year.
  • Bank Of America Corp /De/ Interest Expense for the twelve months ending March 31, 2024 was $81.4B, a 147% increase year-over-year.
  • Bank Of America Corp /De/ annual Interest Expense for 2023 was $73.3B, a 265% increase from 2022.
  • Bank Of America Corp /De/ annual Interest Expense for 2022 was $20.1B, a 324% increase from 2021.
  • Bank Of America Corp /De/ annual Interest Expense for 2021 was $4.74B, a 42.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $81.4B $22.3B +$8.05B +56.6% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-30
Q4 2023 $73.3B $21.7B +$11.3B +109% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-20
Q3 2023 $62B $19.2B +$13.4B +229% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-31
Q2 2023 $48.7B $18.2B +$15.7B +619% Apr 1, 2023 Jun 30, 2023 10-Q 2023-07-31
Q1 2023 $33B $14.2B +$12.9B +975% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-30
Q4 2022 $20.1B $10.4B +$9.25B +809% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-20
Q3 2022 $10.9B $5.86B +$4.61B +371% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-31
Q2 2022 $6.24B $2.53B +$1.38B +119% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-31
Q1 2022 $4.86B $1.32B +$124M +10.4% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-01
Q4 2021 $4.74B $1.14B -$64M -5.3% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-20
Q3 2021 $4.8B $1.24B -$115M -8.48% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-28
Q2 2021 $4.92B $1.15B -$538M -31.8% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-29
Q1 2021 $5.46B $1.2B -$2.77B -69.8% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-29
Q4 2020 $8.23B $1.21B -$3.58B -74.8% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-22
Q3 2020 $11.8B $1.36B -$4.37B -76.3% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-29
Q2 2020 $16.2B $1.69B -$4.34B -72% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-30
Q1 2020 $20.5B $3.97B -$1.83B -31.5% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-29
Q4 2019 $22.3B $4.79B -$546M -10.2% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-22
Q3 2019 $22.9B $5.73B +$825M +16.8% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-30
Q2 2019 $22.1B $6.04B +$1.49B +32.9% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-31
Q1 2019 $20.6B $5.8B +$1.97B +51.3% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-01
Q4 2018 $18.6B $5.33B +$2.3B +75.9% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-24
Q3 2018 $16.3B $4.9B +$1.41B +40.3% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-28
Q2 2018 $14.9B $4.54B +$1.38B +43.7% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-29
Q1 2018 $13.5B $3.83B +$1.18B +44.4% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-26
Q4 2017 $12.3B $3.03B +$459M +17.8% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-19
Q3 2017 $11.9B $3.5B +$1.09B +45.1% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-29
Q2 2017 $10.8B $3.16B +$704M +28.7% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-30
Q1 2017 $10.1B $2.65B +$129M +5.11% Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-30
Q4 2016 $9.96B $2.57B -$324M -11.2% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-26
Q3 2016 $10.3B $2.41B -$87M -3.49% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-30
Q2 2016 $10.4B $2.46B -$188M -7.11% Apr 1, 2016 Jun 30, 2016 10-Q 2017-07-31
Q1 2016 $10.6B $2.52B +$11M +0.44% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-02
Q4 2015 $10.5B $2.9B +$379M +15.1% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-22
Q3 2015 $10.2B $2.5B -$143M -5.42% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-01
Q2 2015 $10.3B $2.64B -$284M -9.7% Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-01
Q1 2015 $10.6B $2.51B -$338M -11.9% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-02
Q4 2014 $10.9B $2.52B -$408M -13.9% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-23
Q3 2014 $11.3B $2.64B -$477M -15.3% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-30
Q2 2014 $11.8B $2.93B -$348M -10.6% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-29
Q1 2014 $12.2B $2.85B -$587M -17.1% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-29
Q4 2013 $12.8B $2.93B -$721M -19.8% Oct 1, 2013 Dec 31, 2013 8-K 2016-11-01
Q3 2013 $13.5B $3.12B -$922M -22.8% Jul 1, 2013 Sep 30, 2013 10-Q 2014-11-06
Q2 2013 $14.4B $3.28B -$1.17B -26.3% Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-29
Q1 2013 $15.6B $3.44B -$1.18B -25.5% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-01
Q4 2012 $16.7B $3.65B -$1.07B -22.6% Oct 1, 2012 Dec 31, 2012 8-K 2015-04-29
Q3 2012 $17.8B $4.04B -$1.33B -24.7% Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-30
Q2 2012 $19.1B $4.44B -$1.36B -23.4% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-01
Q1 2012 $20.5B $4.62B -$1.13B -19.6% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-07
Q4 2011 $21.6B $4.71B -$1.14B -19.5% Oct 1, 2011 Dec 31, 2011 10-K 2014-02-25
Q3 2011 $22.8B $5.36B -$411M -7.12% Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-02
Q2 2011 $23.2B $5.8B -$417M -6.71% Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-02
Q1 2011 $23.6B $5.74B -$387M -6.31% Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-03
Q4 2010 $24B $5.85B Oct 1, 2010 Dec 31, 2010 10-K 2013-02-28
Q3 2010 $5.77B Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-03
Q2 2010 $6.22B Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-04
Q1 2010 $6.13B Jan 1, 2010 Mar 31, 2010 10-Q 2011-05-05
* An asterisk sign (*) next to the value indicates that the value is likely invalid.