XML 89 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

The following table sets forth information concerning the compensation of our CEO and other NEOs for each of the fiscal years ending December 31, 2025, 2024, 2023, 2022, and 2021, and our financial performance for each such fiscal year.

 

          Value of Initial $100
Investment Based on:		    

Year

 

Summary
Compensation
Table Total for
CEO1

 

Compensation
Actually Paid
Total to CEO

 Average
Summary
Compensation
Table Total for
Non-CEO NEOs2

 

Average
Compensation
Actually Paid to
non-CEO NEOs

 

5-Year Total
Shareholder
Return

 

BKX 5-Year
Total
Shareholder
Return

 

 

Net
Income
($ in
millions)

 

Return
on
Equity

20253$9,683,884$18,512,734$2,838,464$4,290,302$254$196$1,32516.01%
20244$9,213,633$23,395,090$2,611,210$4,856,754$224$133$1,16615.93%
20235$8,358,550$15,412,681$1,948,256$2,572,881$161$104$1,16117.91%
20226$9,076,408$6,591,588$2,236,396$2,110,635$135$105$1,12819.51%
20217$8,649,172$27,525,426$1,938,007$3,294,597$162$126$87315.70%

 

1.The CEO in 2025, 2024, 2023, 2022, and 2021 was Dominic Ng.
  
2.The non-CEO NEOs were Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, and Parker L. Shi in 2025 and 2024; Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2023; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2022; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Nick Huang in 2021.
  
3.The LTI Plan for the 2025-2027 performance period has an estimated payout of 172%. The LTI Plan for the 2024-2026 performance period has an estimated payout of 179%. The LTI Plan for the 2023-2025 performance period paid out at 179%.
  
4.The LTI Plan for the 2024-2026 performance period has an estimated payout of 175%. The LTI Plan for the 2023-2025 performance period has an estimated payout of 175%. The LTI Plan for the 2022-2024 performance period paid out at 173%.
  
5.The LTI Plan for the 2023-2025 performance period has an estimated payout of 175%. The LTI Plan for the 2022-2024 performance period has an estimated payout of 175%. The LTI Plan for the 2021-2023 performance period paid out at 178%.
  
6.The LTI Plan for the 2022-2024 performance period has an estimated payout of 175%. The LTI Plan for the 2021-2023 performance period has an estimated payout of 174%. The LTI Plan for the 2020-2022 performance period paid out at 182%.
  
7.The LTI Plan for the 2021-2023 performance period has an estimated payout of 175%. The LTI Plan for the 2020-2022 performance period has an estimated payout of 174%. The LTI Plan for the 2019-2021 performance period paid out at 182%.
       
Named Executive Officers, Footnote The non-CEO NEOs were Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, and Parker L. Shi in 2025 and 2024; Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2023; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2022; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Nick Huang in 2021.        
PEO Total Compensation Amount [1] $ 9,683,884 [2] $ 9,213,633 [3] $ 8,358,550 [4] $ 9,076,408 [5] $ 8,649,172 [6]
PEO Actually Paid Compensation Amount $ 18,512,734 [2] 23,395,090 [3] 15,412,681 [4] 6,591,588 [5] 27,525,426 [6]
Adjustment To PEO Compensation, Footnote

The following table reconciles the total compensation shown in the “Summary Compensation Table” to the compensation actually paid to NEOs shown in the “Pay Versus Performance” table above.

 

    CEO     Average of Non-CEO NEOs
Year 2025 2024 2023 2022 2021 2025 2024 2023 2022 2021
Summary
Compensation
Table Total

 

$9,683,884

 

$9,213,633

 

$8,358,550

 

$9,076,408

 

$8,649,172

 

$2,838,464

 

$2,611,210

 

$1,948,256

 

$2,236,396

 

$1,938,007
Less: Fair Value
of Stock Awards
Granted in Fiscal
Year

 

 

(5,094,193)

 

 

(4,712,953)

 

 

(4,745,307)

 

 

(4,538,539)

 

 

(5,065,596)

 

 

(842,266)

 

 

(787,163)

 

 

(691,878)

 

 

(669,169)

 

 

(774,146)
Add: Fair Value
of Stock Awards
Granted in Fiscal
Year - Value at
Year-End

 

 

10,281,679

 

 

10,079,161

 

 

7,767,249

 

 

6,470,141

 

 

9,535,338

 

 

1,698,485

 

 

1,682,151

 

 

970,334

 

 

953,841

 

 

1,118,976

 

Change in Fair
Value for Stock
Awards Granted
in Prior Years that
were Unvested at
the End of Fiscal
Year

 

 

3,488,026

 

 

8,009,604

 

 

1,451,398

 

 

(4,846,683)

 

 

10,881,577

 

 

560,330

 

 

1,113,589

 

 

153,827

 

 

(463,118)

 

 

781,123

 

Change in Fair
Value of Stock
Awards Granted
in Prior Years that
Vested during the
Fiscal Year

 

 

(538,100)

 

 

147,519

 

 

1,919,170

 

 

(237,470)

 

 

2,894,477

 

 

(68,654)

 

 

132,990

 

 

124,875

 

 

(18,447)

 

 

193,214
Add: Dividends
Paid on Unvested
Shares Units for
the Fiscal Year

 

 

691,438

 

 

658,126

 

 

661,621

 

 

667,731

 

 

630,458

 

 

103,943

 

 

103,977

 

 

67,467

 

 

71,132

 

 

37,423
Compensation
Actually Paid

 

$18,512,734

 

$23,395,090

 

$15,412,681

 

$6,591,588

 

$27,525,426

 

$4,290,302

 

$4,856,754

 

$2,572,881

 

$2,110,635

 

$3,294,597
       
Non-PEO NEO Average Total Compensation Amount [7] $ 2,838,464 [2] 2,611,210 [3] 1,948,256 [4] 2,236,396 [5] 1,938,007 [6]
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,290,302 [2] 4,856,754 [3] 2,572,881 [4] 2,110,635 [5] 3,294,597 [6]
Compensation Actually Paid vs. Total Shareholder Return

       
Compensation Actually Paid vs. Net Income

 

        
Compensation Actually Paid vs. Company Selected Measure

       
Tabular List, Table

For the fiscal year ending December 31, 2025, the most important financial performance measures used to link compensation actually paid to our NEOs to Company are listed as follows.

 

Important Financial Performance Measurements
Return on Assets   Return on Equity   Total Shareholder Return
       
Total Shareholder Return Amount $ 254 [2] 224 [3] 161 [4] 135 [5] 162 [6]
Peer Group Total Shareholder Return Amount 196 [2] 133 [3] 104 [4] 105 [5] 126 [6]
Net Income (Loss) $ 1,325,000,000 [2] $ 1,166,000,000 [3] $ 1,161,000,000 [4] $ 1,128,000,000 [5] $ 873,000,000 [6]
Company Selected Measure Amount 16.01 [2] 15.93 [3] 17.91 [4] 19.51 [5] 15.7 [6]
PEO Name Dominic Ng Dominic Ng Dominic Ng Dominic Ng Dominic Ng
Measure:: 1          
Pay vs Performance Disclosure          
Name Return on Assets        
Measure:: 2          
Pay vs Performance Disclosure          
Name Return on Equity        
Measure:: 3          
Pay vs Performance Disclosure          
Name Total Shareholder Return        
PEO | Fair Value of Stock Awards Granted in Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (5,094,193) $ (4,712,953) $ (4,745,307) $ (4,538,539) $ (5,065,596)
PEO | Fair Value of Stock Awards Granted in Fiscal Year - Value at Year-End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 10,281,679 10,079,161 7,767,249 6,470,141 9,535,338
PEO | Change in Fair Value for Stock Awards Granted in Prior Years that were Unvested at the End of Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,488,026 8,009,604 1,451,398 (4,846,683) 10,881,577
PEO | Change in Fair Value of Stock Awards Granted in Prior Years that Vested during the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (538,100) 147,519 1,919,170 (237,470) 2,894,477
PEO | Dividends Paid on Unvested Shares Units for the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 691,438 658,126 661,621 667,731 630,458
Non-PEO NEO | Fair Value of Stock Awards Granted in Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (842,266) (787,163) (691,878) (669,169) (774,146)
Non-PEO NEO | Fair Value of Stock Awards Granted in Fiscal Year - Value at Year-End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,698,485 1,682,151 970,334 953,841 1,118,976
Non-PEO NEO | Change in Fair Value for Stock Awards Granted in Prior Years that were Unvested at the End of Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 560,330 1,113,589 153,827 (463,118) 781,123
Non-PEO NEO | Change in Fair Value of Stock Awards Granted in Prior Years that Vested during the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (68,654) 132,990 124,875 (18,447) 193,214
Non-PEO NEO | Dividends Paid on Unvested Shares Units for the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 103,943 $ 103,977 $ 67,467 $ 71,132 $ 37,423
[1] The CEO in 2025, 2024, 2023, 2022, and 2021 was Dominic Ng.
[2] The LTI Plan for the 2025-2027 performance period has an estimated payout of 172%. The LTI Plan for the 2024-2026 performance period has an estimated payout of 179%. The LTI Plan for the 2023-2025 performance period paid out at 179%.
[3] The LTI Plan for the 2024-2026 performance period has an estimated payout of 175%. The LTI Plan for the 2023-2025 performance period has an estimated payout of 175%. The LTI Plan for the 2022-2024 performance period paid out at 173%.
[4] The LTI Plan for the 2023-2025 performance period has an estimated payout of 175%. The LTI Plan for the 2022-2024 performance period has an estimated payout of 175%. The LTI Plan for the 2021-2023 performance period paid out at 178%.
[5] The LTI Plan for the 2022-2024 performance period has an estimated payout of 175%. The LTI Plan for the 2021-2023 performance period has an estimated payout of 174%. The LTI Plan for the 2020-2022 performance period paid out at 182%.
[6] The LTI Plan for the 2021-2023 performance period has an estimated payout of 175%. The LTI Plan for the 2020-2022 performance period has an estimated payout of 174%. The LTI Plan for the 2019-2021 performance period paid out at 182%.
[7] The non-CEO NEOs were Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, and Parker L. Shi in 2025 and 2024; Christopher J. Del Moral-Niles, Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2023; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Gary Teo in 2022; Irene H. Oh, Douglas P. Krause, Parker L. Shi, and Nick Huang in 2021.