Bank of America lifts Moynihan’s pay 17% to $41 million for 2025

Fortune

by Katherine Doherty, Bloomberg

February 13, 2026

AI-Generated Deep Dive Summary

Bank of America has increased CEO Brian Moynihan’s 2025 compensation by 17% to $41 million, reflecting his leadership in driving shareholder value despite challenges in stock performance. The new package includes a base salary of $1.5 million, no cash bonus, and equity incentives totaling $39.5 million, consistent with previous years’ structures. This raise follows last year’s 21% increase to $35 million after the bank improved its earnings. Moynihan’s pay reflects his role in steering the bank through the pandemic and implementing cost-saving measures using technology like artificial intelligence. The bank reported a net income of $30.5 billion in 2024, up 13.1% from the prior year, while also focusing on revenue growth and disciplined expense management. Moynihan’s leadership has been recognized for setting new financial targets aimed at improving shareholder value, particularly as Bank of America’s stock lags behind peers like JPMorgan Chase and Goldman Sachs. His compensation package underscores the board’s acknowledgment of his ability to balance profitability with cost containment. In comparison, other major banks have also seen significant increases in CEO pay. For instance, JPMorgan Chase raised Jamie Dimon’s compensation by 10.3% to $43 million, while Goldman Sachs paid David Solomon $47 million, up 21%. These figures highlight the competitive nature of executive compensation in the banking sector and emphasize the value placed on strong leadership amid economic uncertainties. Moynihan’s long tenure at Bank of America, spanning over a decade since the global financial crisis, underscores his significance to the institution. His focus on innovation and efficiency has positioned him as one of the highest-paid CEOs in the industry, reflecting both personal achievement and the bank’s strategic priorities. This compensation decision is part of broader trends in executive pay, where performance and long-term value creation are key factors. For readers interested in business, this story highlights the dynamics of executive compensation in the banking sector, particularly how companies balance financial success with shareholder expectations. It also sheds light on Moynihan

Verticals

businessfinance

Originally published on Fortune on 2/13/2026