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 14.25 years. total yearly compensation is $28.57M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $101.94M. The average tenure of the management team and the board of directors is 4 years and 11 years respectively.
Key information
Brian Moynihan
Chief executive officer
US$28.6m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 14.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 4yrs |
| Board average tenure | 11yrs |
Recent management updates
Recent updates
Bank of America: Seize The Opportunity Before It's Gone
Apr 18Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results
Apr 18
Bank of America: Why I Am Going All-In Now (Technical Analysis)
Apr 11Bank of America: A Bad Call On My Part (Rating Upgrade)
Mar 27Bank Of America: Investing In Predictability
Mar 20First Look At 2 Bank of America Preferred Stocks
Mar 02Bank of America's Q4 Earnings Signal Need For Fed Rate Cut (Rating Downgrade)
Jan 17Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss
Jan 16Bank of America: Tough Q4 Ahead
Jan 09Bank of America: Lower Interest Rates Will Restore Confidence
Dec 23Bank Of America: The Soaring Value Of Low-Cost Deposit Base
Dec 15Bank of America: Using 6.4%-Yielding Preferred Shares To Speculate On A Rate Cut
Dec 02Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.24
Nov 22Bank of America Is Developing A Big Problem: Commercial Lending
Nov 10Bank of America (NYSE:BAC) Has Announced That It Will Be Increasing Its Dividend To $0.24
Nov 05Why I Chose Bank of America Over Competitors For The Dividend Income Accelerator Portfolio
Nov 02Bank of America: Deep Dive And Why I Am Bullish On The Stock
Oct 25Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.24
Oct 22Avoid Bank of America As Securities Losses Balloon To $131.6 Billion
Oct 19Bank of America: Why It's Finally A Buy (Rating Upgrade)
Oct 13Bank of America: Now Things Are Getting Interesting
Oct 06Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet
Sep 15Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year
Aug 25Bank of America: Buy Before It Goes Ex-Dividend
Aug 20Bank of America: Grab A 6-6.2% Yield With The Preferred Shares
Aug 12Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year
Aug 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD13.51M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Moynihan (64 yo)
14.3yrs
Tenure
US$28,571,192
Compensation
Mr. Brian Thomas Moynihan is Chairman, CEO & President of Bank of America Corporation from October 2014. Mr. Brian Moynihan leads a team of more than 210,000 employees dedicated to making financial lives b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.3yrs | US$28.57m | 0.034% $ 101.9m | |
| Chief Financial Officer | 2.4yrs | US$9.30m | 0.0042% $ 12.5m | |
| President of Global Corporate & Investment Banking | 5.3yrs | US$13.62m | 0.0070% $ 21.0m | |
| President of Regional Banking | 6.3yrs | US$11.90m | 0.0056% $ 17.0m | |
| President of Global Markets | no data | US$21.73m | 0.0035% $ 10.4m | |
| Chief Operations Executive | 2.5yrs | no data | 0.0019% $ 5.7m | |
| Chief Investment Officer | no data | no data | no data | |
| Chief Accounting Officer | 9.1yrs | no data | 0.0034% $ 10.2m | |
| Chief Technology & Information Officer | 2.6yrs | no data | 0.0023% $ 6.9m | |
| Chief Administrative Officer | 2.5yrs | no data | 0.0016% $ 4.9m | |
| Head of Investor Relations & Local Markets Organization | 8.3yrs | no data | no data | |
| Global General Counsel | 2.4yrs | no data | 0.0056% $ 16.8m |
4.0yrs
Average Tenure
54yo
Average Age
Experienced Management: BAC's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.3yrs | US$28.57m | 0.034% $ 101.9m | |
| Independent Director | 11.3yrs | US$350.00k | 0.0014% $ 4.3m | |
| Independent Director | 7.8yrs | US$390.00k | 0.0011% $ 3.3m | |
| Lead Independent Director | 11.3yrs | US$590.00k | 0.000050% $ 150.9k | |
| Independent Director | 11.7yrs | US$350.00k | 0.00025% $ 754.6k | |
| Independent Director | 4.8yrs | US$350.00k | 0% $ 0 | |
| Independent Director | 8yrs | US$526.21k | 0.0015% $ 4.4m | |
| Independent Director | 18yrs | US$430.00k | 0.000040% $ 120.7k | |
| Independent Director | 5.5yrs | US$430.00k | 0.00032% $ 965.9k | |
| Independent Director | 11.7yrs | US$430.00k | 0.0013% $ 3.8m | |
| Independent Director | 10.8yrs | US$667.34k | 0.0011% $ 3.4m | |
| Independent Director | 6.3yrs | US$390.00k | 0.00068% $ 2.1m |
11.0yrs
Average Tenure
68.5yo
Average Age
Experienced Board: BAC's board of directors are seasoned and experienced ( 11 years average tenure).