BofA Awards $1 Billion in Stock through Sharing Success Program to Non-Executive Employees

Bank of America (NYSE: BAC) announced a $1 billion Sharing Success equity award to non-executive employees on January 20, 2026, equivalent to nearly 19 million shares.

Rhea-AI Summary

Bank of America (NYSE: BAC) announced a $1 billion Sharing Success equity award to non-executive employees on January 20, 2026, equivalent to nearly 19 million shares. This is the ninth consecutive year of awards, bringing the program total since 2017 to nearly $6.8 billion. Approximately 96% of employees are eligible; most awards will be delivered as stock. The company also highlighted recent employee investments including a $25/hr U.S. minimum wage, expanded hiring commitments and skills-based recruitment, and initiatives to support employee wellness and internal mobility.

Positive

• Sharing Success awards total $1 billion in 2026
• ~19 million shares to be delivered to employees
• 96% of employees eligible for awards
• $25/hr U.S. minimum wage raised for employees

Negative

• Issuance of nearly 19 million shares could dilute existing shareholders

Argus Jan 20 session

-1.64% close to close Open Argus

Details

News Market Reaction – BAC

On Jan 20, the day this news came out, BAC closed 1.64% below the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

Market Context

This announcement expands Bank of America’s Sharing Success Program, granting $1 billion in equity, ...

Analysis

This announcement expands Bank of America’s Sharing Success Program, granting $1 billion in equity, or nearly 19 million BAC shares, to non-executive employees and bringing total awards since 2017 to about $6.8 billion. With 96% of employees eligible and a U.S. minimum wage of $25 per hour, it underscores a focus on retention and alignment with shareholders. Investors may watch future disclosures on share count, compensation trends and ongoing use of the active S-3 shelf for additional issuances.

Key Figures

Sharing Success awards 2026: $1 billion Shares awarded 2026: 19 million shares Cumulative awards since 2017: $6.8 billion +5 more

Sharing Success awards 2026

$1 billion

Equity awards to non-executive employees through Sharing Success Program

Shares awarded 2026

19 million shares

Approximate BAC common stock issued via Sharing Success awards

Cumulative awards since 2017

$6.8 billion

Total value of Sharing Success awards over nine years

Employee eligibility

96%

Portion of employees eligible for Sharing Success awards

U.S. minimum hourly wage

$25 per hour

Bank of America U.S. minimum wage effective early October

Minimum annual salary

>$50,000

Minimum annualized salary for full-time U.S. employees

Clients served

70 million

U.S. consumer and small-business clients served by Bank of America

Retail financial centers

3,600

Number of Bank of America retail financial centers in the U.S.

Historical Context

5 past events · Latest: Jan 14

5 events

1. Jan 14

   Quarterly earnings

   24h Move

   -3.8%

   Reported Q4 2025 financial results and hosted earnings conference call.

2. Jan 09

   Debt redemption

   24h Move

   -1.2%

   Announced full redemption of $3B 5.080% senior notes due 2027.

3. Jan 09

   Philanthropic grant

   24h Move

   -0.6%

   Announced $1M grant to rebuild Pacific Palisades YMCA after wildfires.

4. Jan 07

   Earnings call notice

   24h Move

   -2.8%

   Set timing and access details for upcoming Q4 2025 results call.

5. Dec 22

   Wildfire capital support

   24h Move

   +1.1%

   Committed $10M in zero-interest loans and $3.5M grants for wildfire recovery.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

common stock, automated teller machines

2 terms

common stock financial

"Awards this year will equate to nearly 19 million shares of BAC common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

automated teller machines technical

"approximately 15,000 ATMs (automated teller machines) and award-winning digital banking"

Automated teller machines are electronic kiosks that let customers withdraw cash, deposit funds, transfer money and check balances without a human teller, using a bank card, PIN or contactless methods. For investors, an ATM network matters because its size, location and uptime affect a bank’s fee income, customer convenience and operating costs—similar to how a chain of storefronts increases reach and sales—so ATMs influence revenue, customer retention and competitive position.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Marks 9^th Consecutive Year of Awards for Teammates, Totaling Nearly $6.8 Billion

CHARLOTTE, N.C., Jan. 20, 2026 /PRNewswire/ -- Bank of America today announced 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.

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.

Ninety-six 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.

"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, Chair and CEO of Bank of America. "We are proud to continue investing in our people and reinforcing a culture of shared growth and achievement."

Commitment to Employees and Driving Economic Growth

The Sharing Success program is one of many ways Bank of America invests in its teammates and reflects the company's commitment to being a Great Place to Work. The company continues to provide industry-leading benefits and resources to support physical, emotional, and financial wellness, including among other things its paid sabbatical program, Life Event Services support, confidential counseling through the Employee Assistance Program, and initiatives to strengthen its culture of caring.

In addition to Sharing Success awards, Bank of America has taken further 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.
• Engaged with the Administration and looking at the best way to implement Trump Accounts for its employees and clients.
• 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.

Along with the company's internal mobility programs, professional development resources, and wide-ranging opportunities for employees to take on new challenges, these initiatives reflect Bank of America's goal to empower individuals to grow and thrive, support their families, and strengthen the communities in which they live and work. Bank of America continues to build a strong, sustainable business that contributes to economic growth.

Bank of America

Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions, and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact

John Yiannacopoulos, Bank of America         
Phone: 1.646-855-2314
john.yiannacopoulos@bofa.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bofa-awards-1-billion-in-stock-through-sharing-success-program-to-non-executive-employees-302665288.html

SOURCE Bank of America Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Bank of America (BAC) announce on January 20, 2026 about employee awards?

Bank of America announced a $1 billion Sharing Success award, equivalent to nearly 19 million shares, for non-executive employees.

How many Bank of America employees are eligible for the 2026 Sharing Success award (BAC)?

About 96% of employees are eligible for the 2026 Sharing Success awards.

How does the 2026 Sharing Success award affect Bank of America (BAC) shareholders?

Most awards will be delivered as stock, equal to nearly 19 million shares, which could have a dilutive effect on existing shareholders.

What is the total value of Bank of America's Sharing Success program since 2017?

Since 2017 the program's awards total nearly $6.8 billion.

Did Bank of America (BAC) change employee wages alongside the Sharing Success award?

Yes; the company raised its U.S. minimum hourly wage to $25 per hour, effective early October.