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 15.25 years. total yearly compensation is $28.74M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth $100.47M. The average tenure of the management team and the board of directors is 3.6 years and 12 years respectively.
Key information
Brian Moynihan
Chief executive officer
US$28.7m
Total compensation
| CEO salary percentage | 5.2% |
| CEO tenure | 15.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.6yrs |
| Board average tenure | 12yrs |
Recent management updates
Recent updates
Bank Of America: Weak Stock Performance As A Warning
Mar 25Bank of America: Share Price Pressure Is Good News For Long-Term Shareholders
Feb 27
Narrative update from Stjepan Kalinic
Feb 10Bank of America (BofA) exceeded Q4 2024 expectations by reporting net interest income (NII) of $14.5 billion, surpassing estimates by $170 million. Higher interest rates and an increase in commercialBank of America: Pay Attention To What Buffett Does Next
Feb 04
Narrative update from Richard Bowman
Feb 03BofA Ends 2024 with a Solid Performance Across all Segments. Bank of America performed very well across the board in the Q4 2024 with solid improvements in net interest income and non-interest incomeBank of America: NII Growth Poised To Accelerate
Jan 27Bank of America: I Was Wrong About Interest Rates (Rating Upgrade)
Jan 19Bank Of America: 6% Yield On Preferred Shares, Still Interesting Despite Low Mark-Up
Jan 11Bank of America: My Best Bank Idea For 2025
Jan 02Bank of America: Buy Now For Increased Dividends
Dec 11Narrative update from Richard Bowman
Nov 17Business units are performing well, but the bank’s low yielding assets are constraining its ability to increase net interest income.Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)
Nov 10Narrative update from Stjepan Kalinic
Nov 05BofA reduced its unrealized losses on debt securities from $114.8 billion in Q2 to $89.4 billion in Q3. This improvement comes from the recent rate cuts, which positively impacted the bank's asset valBank of America: We May Have Already Seen The Top
Oct 27
Critical Growth In Banking And Digital Investment Fuels Thriving Earnings Trajectory
Oct 20 Strategic asset repricing and deposit management are anticipated to improve earnings, even amid expected rate cuts.Bank of America Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oct 17
Bank of America Q3 Earnings: Net Interest Income Finally Rose
Oct 16Buffett Selling Bank Of America Is A Warning
Oct 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$29m | US$2m | US$26b |
| 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$27b |
Compensation vs Market: Brian's total compensation ($USD28.74M) is above average for companies of similar size in the US market ($USD14.30M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Moynihan (65 yo)
15.3yrs
Tenure
US$28,738,702
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 | 15.3yrs | US$28.74m | 0.037% $ 100.5m | |
| Chief Financial Officer | 3.4yrs | US$12.55m | 0.0051% $ 13.9m | |
| President of Global Corporate & Investment Banking | 6.3yrs | US$16.85m | 0.010% $ 28.6m | |
| President of Regional Banking | 7.3yrs | US$14.95m | 0.0075% $ 20.6m | |
| President of Global Markets | no data | US$21.55m | 0.0049% $ 13.4m | |
| Chief Operations Executive | 3.5yrs | no data | 0.0028% $ 7.6m | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Chief Technology & Information Officer | 3.6yrs | no data | 0.0034% $ 9.2m | |
| Head of Investor Relations & Local Markets Organization | 9.3yrs | no data | no data | |
| Global General Counsel | 3.4yrs | no data | 0.0066% $ 18.0m | |
| Co-Head of Global Compliance & Operational Risk and Head of Enterprise Reputational Risk | 3.6yrs | no data | no data | |
| Head of Corporate Communications | no data | no data | no data |
3.6yrs
Average Tenure
54yo
Average Age
Experienced Management: BAC's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.3yrs | US$28.74m | 0.037% $ 100.5m | |
| Independent Director | 12.3yrs | US$390.00k | 0.0016% $ 4.3m | |
| Independent Director | 8.8yrs | US$429.45k | 0.0011% $ 3.1m | |
| Lead Independent Director | 12.3yrs | US$595.00k | 0.000050% $ 136.7k | |
| Independent Director | 12.7yrs | US$390.00k | 0.00026% $ 710.6k | |
| Independent Director | 5.8yrs | US$390.00k | 0% $ 0 | |
| Independent Director | 9yrs | US$621.26k | 0.0016% $ 4.3m | |
| Independent Director | 19yrs | US$420.00k | 0.000040% $ 109.3k | |
| Independent Director | 6.5yrs | US$430.00k | 0.00034% $ 929.3k | |
| Independent Director | 12.7yrs | US$430.00k | 0.0013% $ 3.6m | |
| Independent Director | 11.8yrs | US$714.63k | 0.0013% $ 3.4m | |
| Independent Director | 7.3yrs | US$390.00k | 0.00079% $ 2.2m |
12.0yrs
Average Tenure
69.5yo
Average Age
Experienced Board: BAC's board of directors are seasoned and experienced ( 12 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/13 20:33 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
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 Github.
Analyst Sources
Bank of America Corporation is covered by 62 analysts. 15 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 |