PNC’s Demchak Leads Bank CEO Pay Raises in 2025

Chief executive compensation climbed across major and regional U.S. banks in 2025, underscoring how profitability, shareholder returns and competition for senior talent continue to shape boardroom pay decisions. Compensation Advisory Partners reviewed packages at more than 50 lenders, providing investors with a broad measure of how bank boards rewarded CEOs as the industry navigated shifting interest rates, regulation and market expectations.

The analysis found that total compensation for the bank CEOs surveyed rose an average 12.5% in 2025. PNC Financial Services Group CEO Bill Demchak received the most prominent increase, with his pay climbing to $35 million from $25 million in 2024. The $10 million gain represented a 40% raise, placing Demchak at the top of the year’s pay-increase rankings among big-bank chief executives.