---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-25-000087"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T01:12:10.964263+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bank of America CEO Moynihan 2024 total compensation set at $35M, up from $29M

## Summary
- CEO Brian Moynihan awarded $35M total comp for 2024, vs $29M in 2023; base salary unchanged at $1.5M.
- Equity incentive of $33.5M comprised of RSUs and performance RSUs; no cash bonus.
- Company reported net income $27.1B (+2% YoY), revenue $102B (+3%), returned $21B to shareholders (+75%).
- Share price up 30% in 2024; market cap grew by nearly $70B.
- Board cited strong organic growth, loan/deposit growth outpacing industry, and record net new consumer checking accounts.

## SEC filing metadata
- accession: 0000070858-25-000087
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085825000087/0000070858-25-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085825000087/bac-20250207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-25-000087
- JSON: https://secwatch.observer/filing/0000070858-25-000087.json
- Plain text: https://secwatch.observer/filing/0000070858-25-000087.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.