Bank of America Salaries in 2026
Based in Charlotte, NC, Bank of America is a prominent finance company with over 213K employees. The company offers competitive salaries, strong benefits, and career growth opportunities across multiple disciplines.
Average Salary
$121,401
$10,117/mo
Total Compensation
$157,821
base + bonus + equity
Employees
213K
large company
Rating
3.7
★★★★☆
Bank of America Salary by Level
Salary progression from entry-level to director positions at Bank of America.
Entry-level employees at Bank of America earn around $60,701, while directors can earn $282,258 or more.
Top Paying Roles at Bank of America
| Role | Base Salary | Est. Total Comp |
|---|---|---|
| Investment Banker | $158,000 | $216,460 |
| Actuary | $127,000 | $173,990 |
| Relationship Manager | $112,000 | $153,440 |
| Risk Analyst | $109,000 | $149,330 |
| Financial Analyst | $103,000 | $141,110 |
Total compensation estimates include base salary and an average 37% bonus. Stock options/equity are offered but vary significantly by role and level.
Bank of America Benefits & Perks
Bank of America Salary Calculator
Select a role and experience level to estimate your salary at Bank of America.
Mid Career (5-9 yrs)
Estimated Salary at Bank of America
$108,000
$9,000/month · $51.92/hr
Est. total comp with 37% bonus: $147,960
About Bank of America
Based in Charlotte, NC, Bank of America is a prominent finance company with over 213K employees. The company offers competitive salaries, strong benefits, and career growth opportunities across multiple disciplines.
Headquarters
Charlotte, NC
Founded
1904
Industry
Finance
Company Size
large
Employees
213,000
Median Salary
$109,261
Hourly Rate
$58.37/hr
Monthly Pay
$10,117
Bank of America Employee Ratings
3.7
★★★★☆
Overall Rating
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Methodology & Sources for Bank of America Salary Data
How we estimate Bank of America compensation data: Our salary figures combine self-reported employee compensation data (Glassdoor, Levels.fyi, Comparably, Blind), SEC filings for public companies (DEF 14A proxy statements include executive compensation), and BLS Occupational Employment and Wage Statistics for industry baselines. We weight recent data points (last 2 years) higher to reflect current market conditions.
- Base salary distribution aggregated from employee-reported data points. Bank of America (founded 1904, 213K employees, headquartered in Charlotte, NC) is in the Finance sector.
- Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At Bank of America, bonuses vary by role, level, location, performance cycle, and business division.
- Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
- Cost-of-living adjustment uses BLS regional CPI-U data when comparing Bank of America's Charlotte, NC salaries to other markets.
- Industry benchmarking compares Bank of America compensation to BLS national averages for Finance sector occupations.
Authoritative compensation data sources:
- BLS Occupational Employment and Wage Statistics — national salary baselines for Finance
- SEC EDGAR — Company Filings — public company executive compensation in DEF 14A proxies
- BLS Industries at a Glance — Finance — sector employment, wages, productivity
- BLS Employment Cost Index — quarterly compensation trend data
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level wage data by industry
- DOL Wage and Hour Division — federal wage compliance and minimum wage
Disclaimer: Bank of America compensation data is aggregated from multiple sources and reflects general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.
Reviewed by Brazora Monk · Last updated May 12, 2026 · BLS data current as of latest annual release
Bank of America Salary FAQ
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