Annual Interest Expense in USD from 2010 to 2023

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 2010 to 2023.
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, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$73.3B	+$53.2B	+265%	Jan 1, 2023	Dec 31, 2023	10-K	2024-02-20
2022	$20.1B	+$15.4B	+324%	Jan 1, 2022	Dec 31, 2022	10-K	2024-02-20
2021	$4.74B	-$3.49B	-42.4%	Jan 1, 2021	Dec 31, 2021	10-K	2024-02-20
2020	$8.23B	-$14.1B	-63.2%	Jan 1, 2020	Dec 31, 2020	10-K	2023-02-22
2019	$22.3B	+$3.74B	+20.1%	Jan 1, 2019	Dec 31, 2019	10-K	2022-02-22
2018	$18.6B	+$6.27B	+50.8%	Jan 1, 2018	Dec 31, 2018	10-K	2021-02-24
2017	$12.3B	+$2.38B	+23.9%	Jan 1, 2017	Dec 31, 2017	10-K	2020-02-19
2016	$9.96B	-$588M	-5.57%	Jan 1, 2016	Dec 31, 2016	10-K	2019-02-26
2015	$10.5B	-$386M	-3.53%	Jan 1, 2015	Dec 31, 2015	10-K	2018-02-22
2014	$10.9B	-$1.82B	-14.3%	Jan 1, 2014	Dec 31, 2014	10-K	2017-02-23
2013	$12.8B	-$3.99B	-23.8%	Jan 1, 2013	Dec 31, 2013	8-K	2016-11-01
2012	$16.7B	-$4.88B	-22.6%	Jan 1, 2012	Dec 31, 2012	8-K	2015-04-29
2011	$21.6B	-$2.35B	-9.82%	Jan 1, 2011	Dec 31, 2011	10-K	2014-02-25
2010	$24B			Jan 1, 2010	Dec 31, 2010	10-K	2013-02-28

* An asterisk sign (*) next to the value indicates that the value is likely invalid.