Bearing Stress at a Bolt Hole
A bolt presses on the side of its hole; if the bearing stress is too high the plate elongates or tears — often the governing connection check.
The bearing stress is σ_b = P/(d·t). where P is the bolt force, d the bolt diameter and t the plate thickness.
Spread the force over the projected bearing area.
Results
The bearing stress is compared with the plate’s bearing limit (a multiple of its tensile strength). A thicker plate or larger bolt reduces it.