Bank of America Boosts CEO Moynihan's Pay 17% to $41 Million for 2025

The bank's board cited Moynihan's 'leadership in driving growth for shareholders' and 'disciplined expense management'.

Published on Feb. 14, 2026

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Bank of America Corp. has raised Chief Executive Officer Brian Moynihan's pay to $41 million for 2025, a 17% increase from the previous year. The bank's board cited Moynihan's 'leadership in driving growth for shareholders' and 'disciplined expense management' as factors in determining the pay hike, which comes after the bank reported a 13.1% increase in net income to $30.5 billion in 2025.

Why it matters

Moynihan's pay increase comes as Bank of America aims to boost its stock performance, which has trailed that of other large U.S. banks. The bank is focused on increasing revenue while keeping expenses in check, using technology like artificial intelligence to contain costs.

The details

The board granted Moynihan an unchanged base salary of $1.5 million and no cash bonus, 'consistent with prior years,' along with equity incentive awards totaling $39.5 million. A year ago, Moynihan's compensation was increased 21% to $35 million after the bank was able to boost its earnings.

  • Bank of America reported net income of $30.5 billion in 2025, up 13.1% from 2024.
  • A year ago, Moynihan's compensation was increased 21% to $35 million.

The players

Brian Moynihan

The Chief Executive Officer of Bank of America Corp., one of the longest-serving heads of a large U.S. bank. He has steered the lender through the pandemic after taking the helm 16 years ago in the wake of the global financial crisis.

Bank of America Corp.

The second-largest U.S. bank, focused on increasing revenue while also keeping expenses in check, using technology, including artificial intelligence, to contain costs.

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The takeaway

Moynihan's pay increase highlights Bank of America's efforts to boost its stock performance and shareholder value, even as the bank faces pressure to contain costs and improve efficiency through the use of technology.