Bank Interest Expense from 2010 to 2026

BAC Stock  EUR 42.18  0.65  1.57%   
Bank of America's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 3.6 B. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
1.7 B
Current Value
1.8 B
Quarterly Volatility
287.1 M
 
Covid
 
Interest Hikes
Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America's main balance sheet or income statement drivers, such as Interest Expense of 3.6 B, Selling General Administrative of 25.7 B or Total Revenue of 144.8 B, as well as many indicators such as . Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
  
This module can also supplement various Bank of America Technical models . Check out the analysis of Bank of America Correlation against competitors.
For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.
The Interest Expense trend for Verizon Communications offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Bank of America is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Bank of America's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Verizon Communications over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Bank of America's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of America's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Bank Interest Expense Regression Statistics

Arithmetic Mean2,554,178,922
Geometric Mean0.00
Coefficient Of Variation103.07
Mean Deviation2,403,933,103
Median3,485,000,000
Standard Deviation2,632,592,774
Sample Variance6930544.7T
Range6.7B
R-Value0.85
Mean Square Error1999693.2T
R-Squared0.73
Significance0.000013
Slope445,272,876
Total Sum of Squares110888715.5T

Bank Interest Expense History

20263.6 B
20256.7 B
20246.6 B
20235.5 B
20223.6 B
20213.5 B
20204.2 B

About Bank of America Financial Statements

Bank of America stakeholders use historical fundamental indicators, such as Bank of America's Interest Expense, to determine how well the company is positioned to perform in the future. Although Bank of America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bank of America's assets and liabilities are reflected in the revenues and expenses on Bank of America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Verizon Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense6.7 B3.6 B

Currently Active Assets on Macroaxis

When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out the analysis of Bank of America Correlation against competitors.
For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
It's important to distinguish between Bank of America's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bank of America should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Bank of America's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.