Cost of Revenue

Interest Expense on Long-Term Debt

Wells Fargo & Company Interest Expense on Long-Term Debt decreased by 3.9% to $2.39B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.6%, from $2.58B to $2.39B. Over 4 years (FY 2021 to FY 2025), Interest Expense on Long-Term Debt shows an upward trend with a 34.1% CAGR.

Analysis

StatementIncome Statement
SectionCost of Revenue
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
Metric ID: bac_interest_expense_long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$712.00M$745.00M$690.00M$761.00M$1.01B$1.55B$2.18B$2.51B$2.69B$3.04B$3.33B$3.35B$3.16B$3.16B$2.79B$2.58B$2.61B$2.59B$2.48B$2.39B
QoQ Change+4.6%-7.4%+10.3%+32.9%+53.6%+40.4%+15.2%+7.2%+12.8%+9.5%+0.6%-5.5%-0.0%-11.9%-7.4%+1.0%-0.6%-4.2%-3.9%
YoY Change+42.0%+108.5%+215.9%+230.0%+166.4%+95.7%+52.7%+33.4%+17.5%+4.1%-16.3%-22.9%-17.5%-18.0%-10.9%-7.6%
Range$690.00M$3.35B
CAGR+29.0%
Avg YoY Growth+54.6%
Median YoY Growth+25.4%
Current Streak3 quarters decline

Frequently Asked Questions

What is Wells Fargo & Company's interest expense on long-term debt?
Wells Fargo & Company (WFC) reported interest expense on long-term debt of $2.39B in Q1 2026.
How has Wells Fargo & Company's interest expense on long-term debt changed year-over-year?
Wells Fargo & Company's interest expense on long-term debt decreased by 7.6% year-over-year, from $2.58B to $2.39B.
What is the long-term trend for Wells Fargo & Company's interest expense on long-term debt?
Over 4 years (2021 to 2025), Wells Fargo & Company's interest expense on long-term debt has grown at a 34.1% compound annual growth rate (CAGR), from $3.17B to $10.27B.