Operating Expenses
Compensation and benefits
Bank of America Compensation and benefits increased by 6.9% to $11.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $10.89B to $11.33B. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.
Detailed definition
Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...
Peer comparison
Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.
Metric ID:
compensation_and_benefitsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.65B | $8.71B | $9.04B | $9.48B | $8.92B | $8.89B | $9.16B | $9.92B | $9.40B | $9.55B | $9.46B | $10.20B | $9.83B | $9.92B | $10.25B | $10.89B | $10.33B | $10.52B | $10.60B | $11.33B |
| QoQ Change | — | +0.7% | +3.7% | +4.9% | -6.0% | -0.3% | +3.1% | +8.3% | -5.2% | +1.6% | -1.0% | +7.8% | -3.6% | +0.9% | +3.3% | +6.3% | -5.1% | +1.8% | +0.8% | +6.9% |
| YoY Change | — | — | — | — | +3.1% | +2.0% | +1.4% | +4.6% | +5.4% | +7.5% | +3.3% | +2.8% | +4.5% | +3.8% | +8.3% | +6.8% | +5.1% | +6.1% | +3.5% | +4.1% |
Range$8.65B – $11.33B
CAGR+5.8%
Avg YoY Growth+4.5%
Median YoY Growth+4.3%
Current Streak3 quarters growth
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Global Wealth & Investment Management | $3.03B | $2.97B | $2.97B | $3.10B | $3.26B |
| Consumer Banking | $1.69B | $1.63B | $1.53B | $1.22B | $1.59B |
| Global Banking | $1.19B | $1.09B | $1.13B | $1.26B | $1.21B |
| Global Markets | $1.05B | $944.00M | $985.00M | $943.00M | $1.16B |
| Total | $10.89B | $10.33B | $10.52B | $10.60B | $11.33B |
Compensation and benefits at Other Companies
Frequently Asked Questions
- What is Bank of America's compensation and benefits?
- Bank of America (BAC) reported compensation and benefits of $11.33B in Q1 2026.
- How has Bank of America's compensation and benefits changed year-over-year?
- Bank of America's compensation and benefits increased by 4.1% year-over-year, from $10.89B to $11.33B.
- What is the long-term trend for Bank of America's compensation and benefits?
- Over 4 years (2021 to 2025), Bank of America's compensation and benefits has grown at a 4.0% compound annual growth rate (CAGR), from $36.14B to $42.35B.
- What does compensation and benefits mean?
- The total cost of employee salaries, bonuses, and benefits.