• Goldman Sachs announced 2025 compensation for CEO David Solomon on Friday.
• The bank will award him $47 million for 2025, up from $39 million the year prior.
• Goldman just wrapped the second-best year on record by revenue, and its stock has been up.

Goldman Sachs’ David Solomon has restored the bank’s swagger — and it just rewarded him with a $47 million pay package for 2025.

That puts him ahead of his top competitor on Wall Street, JPMorgan CEO Jamie Dimon, whose firm announced this week it would pay him $43 million for last year’s performance.

Solomon’s prior-year compensation was $39 million for 2024, meaning this year’s pay is up 21%.

Goldman announced Solomon’s compensation in a regulatory filing on Friday, citing “continued and significant shareholder value creation during 2025, including a total shareholder return of 57%,” under Solomon’s leadership.

The firm just wrapped its second-best year overall for the bank, reporting net revenues of more than $58 billion. The firm’s investment bank also had its best year ever by revenue, and the stock has been up significantly on Solomon’s watch.

About a year ago, the bank awarded Solomon and his deputy, President and COO John Waldron, $80 million each in restricted stock units set to vest over a five-year period.