Bank of America Management
Management criteria checks 3/4
Bank of America's CEO is Brian Moynihan, appointed in Jan 2010, has a tenure of 14.92 years. total yearly compensation is $28.57M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth CLP109.98B. The average tenure of the management team and the board of directors is 3.3 years and 11.7 years respectively.
Key information
Brian Moynihan
Chief executive officer
US$28.6m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 14.9yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.3yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$22b |
| Jun 30 2024 | n/a | n/a | US$23b |
| Mar 31 2024 | n/a | n/a | US$23b |
| Dec 31 2023 | US$29m | US$2m | US$25b |
| Sep 30 2023 | n/a | n/a | US$29b |
| Jun 30 2023 | n/a | n/a | US$28b |
| Mar 31 2023 | n/a | n/a | US$27b |
| Dec 31 2022 | US$30m | US$2m | US$26b |
| Sep 30 2022 | n/a | n/a | US$26b |
| Jun 30 2022 | n/a | n/a | US$27b |
| Mar 31 2022 | n/a | n/a | US$30b |
| Dec 31 2021 | US$24m | US$2m | US$31b |
| Sep 30 2021 | n/a | n/a | US$29b |
| Jun 30 2021 | n/a | n/a | US$26b |
| Mar 31 2021 | n/a | n/a | US$20b |
| Dec 31 2020 | US$26m | US$2m | US$16b |
| Sep 30 2020 | n/a | n/a | US$18b |
| Jun 30 2020 | n/a | n/a | US$19b |
| Mar 31 2020 | n/a | n/a | US$23b |
| Dec 31 2019 | US$26m | US$2m | US$26b |
| Sep 30 2019 | n/a | n/a | US$26b |
| Jun 30 2019 | n/a | n/a | US$28b |
| Mar 31 2019 | n/a | n/a | US$27b |
| Dec 31 2018 | US$23m | US$2m | US$27b |
| Sep 30 2018 | n/a | n/a | US$22b |
| Jun 30 2018 | n/a | n/a | US$20b |
| Mar 31 2018 | n/a | n/a | US$18b |
| Dec 31 2017 | US$22m | US$2m | US$17b |
Compensation vs Market: Brian's total compensation ($USD28.57M) is above average for companies of similar size in the CL market ($USD5.72M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Moynihan (65 yo)
14.9yrs
Tenure
US$28,571,192
Compensation
Mr. Brian Thomas Moynihan is Chairman, CEO & President of Bank of America Corporation from October 2014. Mr. Moynihan participates in several organizations that focus on economic and market trends, includi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.9yrs | US$28.57m | 0.033% CLP 110.0b | |
| Chief Financial Officer | 3.1yrs | US$9.30m | 0.0043% CLP 14.1b | |
| President of Global Corporate & Investment Banking | 6yrs | US$13.62m | 0.0080% CLP 26.2b | |
| President of Regional Banking | 6.9yrs | US$11.90m | 0.0058% CLP 19.0b | |
| President of Global Markets | no data | US$21.73m | 0.0037% CLP 12.0b | |
| Chief Operations Executive | 3.2yrs | no data | 0.0019% CLP 6.2b | |
| Chief Accounting Officer | 9.8yrs | no data | 0.0035% CLP 11.6b | |
| Chief Technology & Information Officer | 3.3yrs | no data | 0.0024% CLP 7.8b | |
| Chief Administrative Officer | 3.2yrs | no data | 0.0017% CLP 5.5b | |
| Head of Investor Relations & Local Markets Organization | 8.9yrs | no data | no data | |
| Global General Counsel | 3.1yrs | no data | 0.0057% CLP 18.8b | |
| Co-Head of Global Compliance & Operational Risk and Head of Enterprise Reputational Risk | 3.3yrs | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Management: BACCL's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.9yrs | US$28.57m | 0.033% CLP 110.0b | |
| Independent Director | 11.9yrs | US$390.00k | 0.0015% CLP 5.1b | |
| Independent Director | 8.5yrs | US$390.00k | 0.0011% CLP 3.7b | |
| Lead Independent Director | 11.9yrs | US$590.00k | 0.000050% CLP 165.0m | |
| Independent Director | 12.3yrs | US$390.00k | 0.00025% CLP 825.2m | |
| Independent Director | 5.4yrs | US$390.00k | 0% CLP 0 | |
| Independent Director | 8.7yrs | US$526.21k | 0.0015% CLP 5.1b | |
| Independent Director | 18.7yrs | US$430.00k | 0.000040% CLP 132.0m | |
| Independent Director | 6.2yrs | US$430.00k | 0.00033% CLP 1.1b | |
| Independent Director | 12.3yrs | US$430.00k | 0.0013% CLP 4.3b | |
| Independent Director | 11.4yrs | US$708.03k | 0.0012% CLP 4.1b | |
| Independent Director | 7yrs | US$390.00k | 0.00079% CLP 2.6b |
11.7yrs
Average Tenure
69.5yo
Average Age
Experienced Board: BACCL's board of directors are seasoned and experienced ( 11.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:32 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bank of America Corporation is covered by 62 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |