Key Points:
- Brian Moynihan received a 17% pay raise for his work in 2025.
- His total compensation reached $41 million, mostly in stock awards.
- The bank’s profit jumped 13% to $30.5 billion under his leadership.
- Stock prices for the bank rose 25% to reach an all-time high.
Bank of America has given its CEO, Brian Moynihan, a significant raise. The massive financial institution announced on Friday that Moynihan’s total pay package for 2025 hit $41 million. This represents a 17% increase compared to what he earned the previous year.
The board of directors decided to keep his base salary flat at $1.5 million. Interestingly, Moynihan did not receive a cash bonus. Instead, the vast majority of his pay came in the form of equity incentive awards, totaling $39.5 million. This means his personal wealth is tied directly to the future success of the company’s stock.
The pay hike rewards a very strong financial year for the second-largest bank in the United States. In 2025, Bank of America saw its profits climb 13% to reach $30.5 billion. The bank also brought in more revenue than before, growing that figure by 7% to $113.1 billion. A large chunk of this success came from record earnings on interest.
Shareholders have good reason to be happy with Moynihan’s leadership as well. The bank’s stock price surged 25% throughout 2025, hitting a new all-time high during the year. This followed a strong performance in 2024, cementing the bank’s position as a market leader. The total value of the company grew by 19% by the end of December.
The board praised Moynihan for managing expenses carefully while still investing in the right places. The bank spent money on hiring people, improving technology, and marketing its services, yet it still managed to operate more efficiently than before. Total assets now stand at a staggering $3.4 trillion, with loans and deposits both seeing healthy growth.
Moynihan will not get all this money immediately. The compensation plan includes performance-based stock units that vest over time. He has to re-earn about half of the award based on how well the company performs between 2026 and 2028. If the bank exceeds its goals, it could potentially earn even more than the headline figure.
