Bank of America in after-hours trading at $54.94 after announcing full redemption of Series DD preferred stock

Bank of America (BAC) announced the full redemption of its Series DD preferred stock and related depositary shares on February 5, 2026, as the stock closed down 0.85% amid broader market declines.

• BAC closed the day at $54.91, tracking the Dow Jones which fell 1.30% and the S&P 500 which dropped 1.33%.
• The stock traded slightly higher after hours, reaching $54.94 (+0.06%).
• The broader market decline was attributed to recession fears stemming from 108,435 January job cuts.