Bank of America CEO Brian Moynihan Grants $1 Billion in Stock to Employees
The financial giant marked its ninth straight year of worker stock awards under its Sharing Success Program — part of a broader effort to boost wages, expand hiring, and invest in the U.S. workforce.
Bank of America (BofA) announced on Tuesday that it will award $1 billion in stock to non-executive employees through its Sharing Success Program, which translates to nearly 19 million shares of BofA stock.
During an interview on “Mornings with Maria” at the World Economic Forum in Davos, Switzerland, Bank of America CEO Brian Moynihan emphasized that the program allows employees to feel like partial “owners” of the company. He stated, “Our Shares for Success program goes to 96% of employees. It doesn’t go to executive management. It’s a grant to all of them.”
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This marks the ninth consecutive year that BofA has issued Sharing Success awards, with total payouts approaching $7 billion since the program’s inception in 2017. The billion-dollar allocation for this year’s awards follows a year of robust growth and impressive financial results, according to the company.
Moynihan attributed the bank’s success to the Trump administration’s “big, beautiful bill,” which has fostered expectations of stable corporate tax rates, thereby enhancing business confidence for long-term investments. He remarked, “The big, beautiful bill coming effective preserves our knowledge that the tax rate is not going to change. The tax rate has been pretty consistent, and each year we’ve been able to make plenty of money for the shareholders.”
Bank of America CEO Brian Moynihan attends “Mornings With Maria” at FOX Business Network Studios on October 28, 2025 in New York City. (John Lamparski/Getty Images / Getty Images)
Moynihan further noted, “Having certainty of the tax bill is very critical for business to make long-term plans. Very few businesses make plans and complete them within a year. It takes time to do all of this.”
The stock awards are in addition to employees’ regular compensation and incentives, with approximately 96% of the bank’s 213,000 employees eligible for the program, according to the company.
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Moynihan expressed that the program embodies the bank’s belief that shared success enhances both the company and the communities it serves. “We are proud to continue investing in our people and reinforcing a culture of shared growth and achievement,” he stated in a press release.
The exterior of a Bank of America (BofA) branch. (iStock)
BofA stated that the Sharing Success Program is one of several industry-leading benefits it offers employees, reinforcing its commitment to being a great place to work. “It makes [employees] feel like owners… and, as the price keeps rising, provides a great economic benefit to them,” Moynihan noted.
The stock awards enable employees to participate in BofA’s long-term performance, aligning their interests with those of shareholders. Bank of America also announced that it is working to implement Trump accounts for its employees and clients.
The financial giant marked its ninth straight year of worker stock awards under its Sharing Success Program — part of a broader effort to boost wages, expand hiring, and invest in the U.S. workforce.
Bank of America (BofA) announced on Tuesday that it will award $1 billion in stock to non-executive employees through its Sharing Success Program, which translates to nearly 19 million shares of BofA stock.
During an interview on “Mornings with Maria” at the World Economic Forum in Davos, Switzerland, Bank of America CEO Brian Moynihan emphasized that the program allows employees to feel like partial “owners” of the company. He stated, “Our Shares for Success program goes to 96% of employees. It doesn’t go to executive management. It’s a grant to all of them.”
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Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to break down why his team raised GDP forecasts, how President Donald Trump’s tax law is boosting growth, and what’s next for rates and inflation.
This marks the ninth consecutive year that BofA has issued Sharing Success awards, with total payouts approaching $7 billion since the program’s inception in 2017. The billion-dollar allocation for this year’s awards follows a year of robust growth and impressive financial results, according to the company.
Moynihan attributed the bank’s success to the Trump administration’s “big, beautiful bill,” which has fostered expectations of stable corporate tax rates, thereby enhancing business confidence for long-term investments. He remarked, “The big, beautiful bill coming effective preserves our knowledge that the tax rate is not going to change. The tax rate has been pretty consistent, and each year we’ve been able to make plenty of money for the shareholders.”
Bank of America CEO Brian Moynihan attends “Mornings With Maria” at FOX Business Network Studios on October 28, 2025 in New York City. (John Lamparski/Getty Images / Getty Images)
Moynihan further noted, “Having certainty of the tax bill is very critical for business to make long-term plans. Very few businesses make plans and complete them within a year. It takes time to do all of this.”
The stock awards are in addition to employees’ regular compensation and incentives, with approximately 96% of the bank’s 213,000 employees eligible for the program, according to the company.
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Moynihan expressed that the program embodies the bank’s belief that shared success enhances both the company and the communities it serves. “We are proud to continue investing in our people and reinforcing a culture of shared growth and achievement,” he stated in a press release.
The exterior of a Bank of America (BofA) branch. (iStock)
BofA stated that the Sharing Success Program is one of several industry-leading benefits it offers employees, reinforcing its commitment to being a great place to work. “It makes [employees] feel like owners… and, as the price keeps rising, provides a great economic benefit to them,” Moynihan noted.
The stock awards enable employees to participate in BofA’s long-term performance, aligning their interests with those of shareholders. Bank of America also announced that it is working to implement Trump accounts for its employees and clients.
