Bank of America announced Jan. 20, 2026, it will award $1 billion to employees through its Sharing Success Program, a broad-based equity program for all employees excluding senior management.
Awards this year will equate to nearly 19 million shares of BAC common stock.
Officials said this marks the ninth consecutive year that the company will deliver Sharing Success awards for employees, bringing the total value of awards since the program's inception in 2017 to nearly $6.8 billion.
The move follows another strong year of growth and financial performance at the company, the officials said.
The officials said 96 percent of employees are eligible for Sharing Success awards, which are provided in addition to regular compensation and incentives that employees may receive.
Most Sharing Success awards will be delivered as stock, enabling employees to share in Bank of America's long‑term performance and align with shareholders' interests, the officials said.
"These awards demonstrate our belief that when our teammates share in our company's success, it strengthens our business and the communities we serve," said Brian Moynihan, Bank of America chair and CEO. "We are proud to continue investing in our people and reinforcing a culture of shared growth and achievement."
In addition to Sharing Success awards, Bank of America has taken additional steps to invest in employees and strengthen the health of the U.S. economy:
Raised its U.S. minimum hourly wage to $25 per hour, effective early October, increasing the minimum annualized salary for full-time employees to more than $50,000.
Looking at the best way to implement Trump accounts for its employees and clients. (The Wall Street Journal reported Trump accounts are a creation of the One Big Beautiful Bill Act. They are tax-advantaged savings accounts for eligible children and come with a one-time $1,000 contribution from the government for those born in 2025 through 2028.)
Expanded skills-based hiring and career opportunities, including commitments to increase military hiring by 10,000, grow community college recruitment, and add jobs in new financial centers in high growth markets across the country.
Comments
No comments on this item Please log in to comment by clicking here