Bank of America (BAC) Interest Coverage Ratio: History & Chart

Bank of America Corporation (BAC)BACBank of America Corporation

About Bank of America Corporation

Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.

Charlotte, NC

212,000 employees

www.bankofamerica.com

Financial Services / Banks - Diversified

Sector: Financial Services
Industry: Banks - Diversified
CEO: Brian Thomas Moynihan

View full financials

BAC Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

0.65x

INTEREST COVERAGE RATIO AVG TTM

0.55x

INTEREST COVERAGE RATIO AVG 3Y

0.42x

INTEREST COVERAGE RATIO AVG 5Y

0.65x

INTEREST COVERAGE RATIO AVG 10Y

1.49x

INTEREST COVERAGE RATIO AVG 15Y

1.29x

INTEREST COVERAGE RATIO AVG 20Y

1.00x

CURRENT VS TTM AVG

+17.43%

CURRENT VS 3Y AVG

+54.00%

CURRENT VS 5Y AVG

+0.09%

CURRENT VS 10Y AVG

-56.47%

CURRENT VS 15Y AVG

-49.55%

CURRENT VS 20Y AVG

-35.21%

SECTOR MEDIAN · FINANCIAL SERVICES

5.21x

median of 90 covered companies

CURRENT VS SECTOR MEDIAN

-87.55%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Bank of America Corporation (BAC)	$439.63B	0.65x	0.55x	0.42x	0.65x
Mastercard Incorporated (MA)vs ›	$502.63B	27.03x	25.58x	25.39x	24.37x
Invesco QQQ Trust, Series 1 (QQQ)vs ›	$509.74B	N/A	N/A	N/A	N/A
Morgan Stanley (MS)vs ›	$332.03B	0.45x	0.42x	0.58x	3.41x
The Goldman Sachs Group, Inc. (GS)vs ›	$300.43B	0.33x	0.29x	0.35x	1.26x
Wells Fargo & Company (WFC)vs ›	$264.55B	0.63x	0.58x	0.89x	1.90x
Vanguard Total Stock Market ETF (VTI)vs ›	$630.28B	N/A	N/A	N/A	N/A
Citigroup Inc. (C)vs ›	$227.12B	0.24x	0.21x	0.33x	0.96x
American Express Company (AXP)vs ›	$227.07B	1.68x	1.62x	2.06x	3.10x
Visa Inc. (V)vs ›	$683.58B	40.74x	38.78x	36.28x	33.87x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Bank of America Corporation (BAC)

$439.63B

0.65x

0.55x

0.42x

0.65x

Mastercard Incorporated (MA)vs ›

$502.63B

27.03x

25.58x

25.39x

24.37x

Invesco QQQ Trust, Series 1 (QQQ)vs ›

$509.74B

N/A

Morgan Stanley (MS)vs ›

$332.03B

0.45x

0.42x

0.58x

3.41x

The Goldman Sachs Group, Inc. (GS)vs ›

$300.43B

0.33x

0.29x

0.35x

1.26x

Wells Fargo & Company (WFC)vs ›

$264.55B

0.63x

0.58x

0.89x

1.90x

Vanguard Total Stock Market ETF (VTI)vs ›

$630.28B

N/A

Citigroup Inc. (C)vs ›

$227.12B

0.24x

0.21x

0.33x

0.96x

American Express Company (AXP)vs ›

$227.07B

1.68x

1.62x

2.06x

3.10x

Visa Inc. (V)vs ›

$683.58B

40.74x

38.78x

36.28x

33.87x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Bank of America Corporation (BAC)?

The interest coverage ratio for BAC stock is 0.65x.

Is Bank of America Corporation's interest coverage ratio high or low?

The interest coverage ratio of 0.65x is 64% below its 5-year average of 1.81x, near the low end of its 5-year range (0.14x–7.21x).

What is the TTM average interest coverage ratio for Bank of America Corporation (BAC)?

The TTM average interest coverage ratio for BAC stock is 0.55x.

What is the 3Y average interest coverage ratio for Bank of America Corporation (BAC)?

The 3Y average interest coverage ratio for BAC stock is 0.42x.

What is the 5Y average interest coverage ratio for Bank of America Corporation (BAC)?

The 5Y average interest coverage ratio for BAC stock is 0.65x.

What is the 10Y average interest coverage ratio for Bank of America Corporation (BAC)?

The 10Y average interest coverage ratio for BAC stock is 1.49x.

What is the 15Y average interest coverage ratio for Bank of America Corporation (BAC)?

The 15Y average interest coverage ratio for BAC stock is 1.29x.

What is the 20Y average interest coverage ratio for Bank of America Corporation (BAC)?

The 20Y average interest coverage ratio for BAC stock is 1.00x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	0.65x
2026-03-31	0.59x
2025-12-31	0.67x
2025-09-30	0.47x
2025-06-30	0.38x
2025-03-31	0.41x
2024-12-31	0.33x
2024-09-30	0.31x
2024-06-30	0.33x
2024-03-31	0.33x
2023-12-31	0.14x
2023-09-30	0.42x
2023-06-30	0.44x
2023-03-31	0.64x
2022-12-31	0.76x
2022-09-30	1.42x
2022-06-30	2.72x
2022-03-31	5.96x
2021-12-31	6.83x
2021-09-30	7.21x
2021-06-30	6.97x
2021-03-31	7.65x
2020-12-31	5.07x
2020-09-30	3.35x
2020-06-30	2.25x
2020-03-31	1.14x
2019-12-31	1.71x
2019-09-30	1.20x
2019-06-30	1.48x
2019-03-31	1.51x
2018-12-31	1.57x
2018-09-30	1.83x
2018-06-30	1.87x
2018-03-31	2.19x
2017-12-31	1.78x
2017-09-30	2.18x
2017-06-30	2.57x
2017-03-31	2.76x
2016-12-31	2.35x
2016-09-30	3.03x
2016-06-30	2.78x
2016-03-31	1.97x
2015-12-31	1.67x
2015-09-30	2.50x
2015-06-30	2.73x
2015-03-31	1.72x
2014-12-31	1.71x
2014-09-30	0.16x
2014-06-30	0.95x
2014-03-31	-0.24x
2013-12-31	1.31x
2013-09-30	1.55x
2013-06-30	1.68x
2013-03-31	0.58x
2012-12-31	-0.52x
2012-09-30	0.27x
2012-06-30	0.71x
2012-03-31	0.16x
2011-12-31	0.52x
2011-09-30	1.39x
2011-06-30	-2.22x
2011-03-31	0.48x
2010-12-31	-0.61x
2010-09-30	-1.02x
2010-06-30	0.61x
2010-03-31	0.72x
2009-12-31	-0.23x
2009-09-30	-0.28x
2009-06-30	0.30x
2009-03-31	0.56x
2008-12-31	-0.45x
2008-09-30	0.14x
2008-06-30	0.52x
2008-03-31	0.15x
2007-12-31	-0.06x
2007-09-30	0.40x
2007-06-30	0.67x
2007-03-31	0.64x
2006-12-31	0.66x
2006-09-30	0.67x
2006-06-30	0.80x
2006-03-31	0.80x
2005-12-31	0.56x
2005-09-30	0.77x
2005-06-30	1.06x
2005-03-31	1.17x
2004-12-31	1.32x
2004-09-30	1.48x
2004-06-30	1.71x
2004-03-31	1.44x
2003-12-31	1.57x
2003-09-30	1.67x
2003-06-30	1.55x
2003-03-31	1.44x
2002-12-31	1.13x
2002-09-30	1.14x

DATE

INTEREST COVERAGE RATIO

2026-06-30

0.65x

2026-03-31

0.59x

2025-12-31

0.67x

2025-09-30

0.47x

2025-06-30

0.38x

2025-03-31

0.41x

2024-12-31

0.33x

2024-09-30

0.31x

2024-06-30

0.33x

2024-03-31

0.33x

2023-12-31

0.14x

2023-09-30

0.42x

2023-06-30

0.44x

2023-03-31

0.64x

2022-12-31

0.76x

2022-09-30

1.42x

2022-06-30

2.72x

2022-03-31

5.96x

2021-12-31

6.83x

2021-09-30

7.21x

2021-06-30

6.97x

2021-03-31

7.65x

2020-12-31

5.07x

2020-09-30

3.35x

2020-06-30

2.25x

2020-03-31

1.14x

2019-12-31

1.71x

2019-09-30

1.20x

2019-06-30

1.48x

2019-03-31

1.51x

2018-12-31

1.57x

2018-09-30

1.83x

2018-06-30

1.87x

2018-03-31

2.19x

2017-12-31

1.78x

2017-09-30

2.18x

2017-06-30

2.57x

2017-03-31

2.76x

2016-12-31

2.35x

2016-09-30

3.03x

2016-06-30

2.78x

2016-03-31

1.97x

2015-12-31

1.67x

2015-09-30

2.50x

2015-06-30

2.73x

2015-03-31

1.72x

2014-12-31

1.71x

2014-09-30

0.16x

2014-06-30

0.95x

2014-03-31

-0.24x

2013-12-31

1.31x

2013-09-30

1.55x

2013-06-30

1.68x

2013-03-31

0.58x

2012-12-31

-0.52x

2012-09-30

0.27x

2012-06-30

0.71x

2012-03-31

0.16x

2011-12-31

0.52x

2011-09-30

1.39x

2011-06-30

-2.22x

2011-03-31

0.48x

2010-12-31

-0.61x

2010-09-30

-1.02x

2010-06-30

0.61x

2010-03-31

0.72x

2009-12-31

-0.23x

2009-09-30

-0.28x

2009-06-30

0.30x

2009-03-31

0.56x

2008-12-31

-0.45x

2008-09-30

0.14x

2008-06-30

0.52x

2008-03-31

0.15x

2007-12-31

-0.06x

2007-09-30

0.40x

2007-06-30

0.67x

2007-03-31

0.64x

2006-12-31

0.66x

2006-09-30

0.67x

2006-06-30

0.80x

2006-03-31

0.80x

2005-12-31

0.56x

2005-09-30

0.77x

2005-06-30

1.06x

2005-03-31

1.17x

2004-12-31

1.32x

2004-09-30

1.48x

2004-06-30

1.71x

2004-03-31

1.44x

2003-12-31

1.57x

2003-09-30

1.67x

2003-06-30

1.55x

2003-03-31

1.44x

2002-12-31

1.13x

2002-09-30

1.14x

Interest Coverage Ratio: 0.65x

BAC Interest Coverage Ratio

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BAC Current vs Average Interest Coverage Ratio Chart

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