Bank of America raises CEO Moynihan's 2025 compensation by 17% to $41 million

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Investing.com – Bank of America (NYSE:BAC) has increased CEO Brian Moynihan’s 2025 compensation to $41 million, up 17% from the previous year.

According to a regulatory filing on Friday, the bank’s board of directors maintained Moynihan’s base salary at $1.5 million, with no cash bonus, and granted a total of $39.5 million in equity incentive awards.

This compensation increase comes after a year of improved financial performance for Bank of America, the second-largest bank in the United States, with net income rising 13% to $30.5 billion, and diluted earnings per share increasing 19% to $3.81. Revenue grew 7% to $113.1 billion, reflecting record net interest income.

The bank’s board cited Moynihan’s leadership in driving shareholder growth and supporting communities and employees. Bank of America has achieved disciplined expense management while increasing investments in personnel, technology, marketing, and delivery networks. This focus on operational excellence generated approximately 250 basis points of operating leverage and improved the efficiency ratio by 147 basis points to 62%.

The bank maintained strong balance sheet metrics, with total assets of $3.4 trillion, including $201 billion in CET1 capital and $975 billion in average global liquidity sources. Loan balances increased 8%, while deposits grew 3%.

Bank of America’s stock price rose 25% in 2025, reaching a new all-time high for the year, following a 31% increase in 2024. The company’s market capitalization grew 19% from December 31, 2024, maintaining its position as the second-largest bank in the United States by market value.

Moynihan’s equity compensation includes 30% in cash-settled restricted stock units (vesting within 12 months), 20% in stock-settled units (vesting over four years), and 50% in performance-based stock units. The performance units must be earned based on the company’s financial performance from 2026 to 2028, with the board raising performance standards and introducing an opportunity to earn up to 150% of the payout for exceptional performance.

This article was translated with artificial intelligence assistance. For more information, see our Terms of Use.

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