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Discover Bank of America's robust stress test results, Q1 progress, and growth potential. Read my analysis of BAC stock.
Bank of America ( NYSE: BAC) is planning to boost its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 ...
Bank of America said it plans to raise its quarterly stock dividend to 28 cents a share after a stress test showed improvement in the bank's modeled capital depletion. The Charlotte company said the ...
Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...
If those rule changes are adopted as proposed, Bank of America's 2025 stress test results would indicate an SCB of 2.7%, which would make its new CET1 minimum ratio 10.2%, effective January 1, 2026.
Wall Street's biggest banks rose in morning trading on Monday after sailing through the U.S. Federal Reserve's annual health ...
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.
Shares of major banks, including JPMorgan Chase, Goldman Sachs, and Wells Fargo, advanced after the Federal Reserve said ...
The Texas attorney general has accused WEX Bank of "debanking" a firearm supplier, but the Maine-based bank said it does not ...
The stress test gauged Bank of America's modeled capital depletion, which measures the difference between certain capital ratios at the beginning and in the most stressed period of the test scenario.