NEW YORK, Feb 15, 2026, 15:08 EST — The market is closed.
- Bank of America closed out Friday at $52.55, nudging up 0.06%. In after-hours moves, the stock changed hands at $52.60.
- Bank of America bumped CEO Brian Moynihan’s pay for 2025 up by 17%, landing his total compensation at $41 million.
- Investors face a shortened week, with retail sales, inflation-tied spending figures, and the Federal Reserve’s January meeting minutes all on the docket.
Bank of America (BAC) ended Friday at $52.55, ticking up 0.06%. Shares bounced between $51.44 and $52.82. That’s still roughly 7% below last week, following a steep selloff in major U.S. banks. (Investing.com)
That mild shift barely hints at what’s brewing for the next session. Bank of America faces a market recalibration on rate bets as it rolls into a long weekend, plus a new governance item just surfaced from its regulatory filings.
Here’s why this matters: Shares of major banks often move in step with interest rates—and the economic numbers behind those rates. When Treasury yields shift, bank profits do too, since those yields help set rates on everything from home loans to corporate debt.
There’s another angle pulling trader attention here: executive pay filings tend to surface just as investors prepare for proxy season votes in the spring. That “say-on-pay” shareholder ballot—the one on C-suite compensation—has a habit of turning contentious if the stock hasn’t kept pace with rivals.
The bank signed off on a $41 million compensation package for Moynihan for 2025, according to a Friday filing, bumping him up from $35 million the previous year. Reuters noted that Moynihan’s pay mix includes a $1.5 million base, no cash bonus, and $39.5 million in equity incentives. The same filing revealed that roughly $1 billion in equity was handed out to a broad group of employees at the bank. As for rivals, headline comp for 2025 came in at $43 million for JPMorgan Chase’s Jamie Dimon and $42 million for Citigroup’s Jane Fraser, per Reuters. (Reuters)
Inflation and yields dictated the tone. U.S. stocks eked out modest gains Friday, with Treasury yields slipping as January’s consumer price index showed a 2.4% annual increase—just shy of the 2.5% Reuters-polled economists had penciled in. The 10-year yield shed 5.6 basis points to settle at 4.048%. “A bit of good news as we head into the long holiday weekend,” Orion’s chief investment officer Tim Holland said. (Reuters)
Markets take a pause Monday—New York Stock Exchange closed for Washington’s Birthday, or Presidents Day. Trading resumes as usual on Tuesday. (New York Stock Exchange)
This week may be shorter, but it’s still packed with reports that could sway rates. Tuesday, look for advance retail sales and the Empire State manufacturing survey from the New York Fed—both dropping at 8:30 a.m. ET. Business inventories follow later at 10:00 a.m. ET. Then on Friday, all eyes on the first read of fourth-quarter GDP, personal income figures, and the PCE deflator, the Fed’s favorite inflation measure linked to consumer spending. (Federal Reserve Bank of New York)
Still, data isn’t the only thing moving bank stocks. When the numbers come in weak, traders ramp up bets on rate cuts, and yields tend to slide. That’s usually good news for borrowers. For banks, though, shrinking yields can pinch net interest income—the gap between what banks pocket from loans and what they shell out for deposits.
The Fed’s up next. Traders have their eyes on the minutes from the January 27–28 policy meeting, set for release Wednesday, Feb. 18 at 2:00 p.m. ET. They’ll be looking for any signals on how officials balanced inflation gains with the danger of cutting rates prematurely. (federalreserve.gov)
