Bank of America (BAC) increased the total 2025 compensation for Chair and CEO Brian Moynihan by 17% from $35M in 2024, the company disclosed in a filing on Friday.
The board considered the company’s 2025 performance, including 13% net income growth, 7% revenue growth, its balance sheet strength, expense management, low net charge-off ratio, and shareholder returns in determining his compensation.
During 2025, Bank of America (BAC) stock rose 25%, compared with the S&P 500’s 16% increase.
His annual base salary is $1.5M, consistent with previous years. He received no cash bonus. The total value of his 2025 equity incentive award is $39.5M, made up of 30% of cash-settled restricted stock units that will vest over the next 12 months, 20% of stock-settled RSUs that will vest annually over the next four years, and 50% of stock-settled performance RSUs.
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