CEO pay across the banking sector climbed sharply in 2024, with nearly every chief executive in a new Compensation Advisory Partners analysis receiving higher total compensation than the year before, as boards rewarded stronger earnings, rebounding bonuses and improved shareholder returns following the regional banking turmoil of 2023.

Compensation Advisory Partners examined pay at 54 large and regional banks and found all but four CEOs received increases in total direct compensation in 2024. Among regional banks with between $10 billion and $50 billion in assets, average CEO pay jumped 24.1%, nearly double the increase seen at larger institutions, according to CAP data cited by American Banker. READ MORE