New York, Feb 16, 2026, 14:51 EST — Market closed.
- BAC last closed at $52.55 on Friday, up 0.06%; U.S. markets reopen Tuesday after the Presidents Day holiday.
- A regulatory filing showed CEO Brian Moynihan’s 2025 pay rose to $41 million from $35 million.
- Traders are lining up the week’s U.S. data and the Fed’s Feb. 18 minutes for the next rates read.
Bank of America said its board lifted Chief Executive Brian Moynihan’s 2025 pay to $41 million, up from $35 million a year earlier, as U.S. stock markets shut for Presidents Day on Monday and reopen on Tuesday. Moynihan’s salary stayed at $1.5 million and he again received no cash bonus; the bank said the package was largely equity, including performance awards linked to three-year return on assets and tangible book value targets. The board pointed to 2025 net income of $30.5 billion and revenue of $113.1 billion in setting the award. (SEC)
Bank of America shares last closed up 0.06% at $52.55 on Friday and ticked up in after-hours trade. The stock is down about 7% from its Feb. 6 close of $56.53, leaving it exposed to any sharp shift in rates when trading resumes. (Investing)
The timing matters because bank stocks have been trading as a rate story again. On Friday, U.S. stocks steadied as Treasury yields fell after an inflation update, with the Dow edging higher and the S&P 500 barely changed, the Associated Press reported. (AP News)
Moynihan, meanwhile, has been talking up the longer arc of technology change. He said on a podcast that “people wrote in 1969 that there would be no managers left in business,” arguing the U.S. labor market has absorbed major shifts before, and added that Bank of America has about 20,000 managers today. (Fortune)
For equity investors, those comments fold into an old argument banks keep making: higher tech spend now, lower costs later, and a tighter grip on risk. The market has mostly priced that in. What moves BAC day-to-day still tends to be the direction of yields and how fast the Fed looks set to cut or hold.
Governance headlines can still bite, especially around pay. A surprise “say-on-pay” backlash, louder pushback from proxy advisers, or new scrutiny around incentive targets can weigh on sentiment even if nothing changes in the earnings math.
But the bigger risk for the shares is simpler: if the bond market snaps back and borrowing costs rise, or if the economy softens and credit losses pick up, big lenders can lose their bid fast. That can overwhelm any near-term narrative about compensation or AI.
Data flow picks up midweek. The U.S. Census Bureau schedule shows housing starts and durable goods due on Feb. 18 at 8:30 a.m. ET, followed by the trade report on Feb. 19. (Census)
For Bank of America stock, the first test is Tuesday’s reopen, when traders will price the filing into the broader rate tape after the long weekend. Peer moves in JPMorgan Chase, Wells Fargo and Citigroup tend to set the tone, but BAC can diverge quickly if yields jump.
The next marked catalyst is the Federal Reserve’s minutes from its Jan. 27–28 meeting, due Feb. 18 at 2:00 p.m. ET, which investors will comb for any change in the Fed’s comfort with inflation and cuts. (Federalreserve)
