Bank of America (BAC) executive compensation, 2026 proxy

Brian T. Moynihan, Chair and Chief Executive Officer, was paid $33.7M in 2025, up 17% from $28.7M the year before. The CEO-to-median-employee pay ratio was 272:1, on median employee pay of $123,990.

Filed
March 23, 2026
Annual meeting
May 4, 2026
Pay year
2025
Named executives
5
CEO total pay
$33.7M+17% vs prior year
CEO to median employee
272:1median $123,990
CEO pay in equity
91%$30.7M in awards
CEO variable pay
96.3%Equity-based incentives
CEO fixed base salary
3.7%Percentage of total compensation
CEO PRSU allocation
50%Of variable compensation
PRSU maximum opportunity
150%Exceptional performance payout
CEO equity retention
50%Net after-tax shares until retirement

How Moynihan was paid

$33.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards91%Pension and deferred comp3%All other compensation2%

Named executive officers

ExecutiveTotal
Brian T. MoynihanChair and Chief Executive Officer$33,711,521
Alastair M. BorthwickExecutive Vice President and Chief Financial Officer$15,981,884
Dean C. AthanasiaCo-President, Bank of America$19,390,842
James P. DeMareCo-President, Bank of America$25,982,736
Matthew M. KoderPresident, Global Corporate & Investment Banking$19,440,860

What changed and why

  • $33.7M$33.7M CEO total compensation in 2025, up from $28.7M in 2024.
  • 96.3%96.3% of the CEO’s total compensation comprised equity-based incentives linked to company performance.
  • 50%50% of the CEO’s variable compensation was delivered through performance restricted stock units.
  • 150%150% maximum payout opportunity was introduced for exceptional performance under the PRSU program.
  • $30.7M$30.7M CEO stock awards included 2025 grants, generally awarded for prior-year performance.
  • $124K272:1 was the 2025 CEO-to-median-employee pay ratio, with median compensation of $123,990.

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

Bank of America (BAC) Executive Compensation: 2026 Proxy Statement | Gloomberb