Source: Fortune
Summary
Bank of America Corp. has raised CEO Brian Moynihan’s pay to $41 million for 2025, despite the bank’s stock performance falling short of peers. Moynihan’s compensation includes a base salary of $1.5 million and equity incentive awards totaling $39.5 million. The bank reported net income of $30.5 billion, up 13.1% from 2024, and is focused on increasing revenue while keeping expenses in check. Moynihan’s pay package follows a year of leadership in driving growth for shareholders, including disciplined expense management.
Our Reading
The numbers tell one story.
Bank of America’s CEO Brian Moynihan sees a 17% pay hike to $41 million, while the bank’s stock trails peers. Moynihan’s leadership is credited with driving growth and disciplined expense management. The bank’s net income rose 13.1% to $30.5 billion in 2025. Moynihan’s pay package is part of a larger trend, with JPMorgan Chase’s Jamie Dimon, Goldman Sachs’ David Solomon, Morgan Stanley’s Ted Pick, Wells Fargo’s Charlie Scharf, and Citigroup’s Jane Fraser all receiving pay increases. The announcement sounds familiar, as CEOs at large US banks continue to receive significant compensation packages despite varying stock performance.
Author: Evan Null
