On an annualized basis, the new payout is equal to $1.12 a share and represents a yield of 2.3% based on Tuesday's closing price of $48.15. The stress test gauged Bank of America's modeled capital ...

--Bank of America today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review and announced plans to increase its quarterly common stock dividend to $0. ...

Firms around the world are struggling to adjust their supply chains and operations to the chaotic trade war unleashed by the ...

Bank of America stock sees strong performance in 2023, buoyed by high interest rates and market volatility. Analysts rate it ...

Federal Reserve stress test results highlight the process's inherent opacity, according to Bank of America analyst Ebrahim H. Poonawala. Goldman Sachs experienced a 100bps increase in stress test ...

Bank of America BAC and PNC Financial Services PNC are two prominent U.S. banks with broad national reach. BAC leverages its ...

Bank of America is throwing serious cash at its stock. The firm just launched a $40 billion buyback program, lighting a fuse under its shares, which jumped 1% in late New York trading on Wednesday.

Six leading U.S. banks, including JPMorgan Chase, Bank of America, Wells Fargo & Company WFC, and Citigroup repurchased over $14 billion in shares in the first quarter.

Bank of America on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net ...

Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous years. While ...

The stress tests on European banks do not offer the reassurance the EU intends. Banks will still find capital raising an onerous business On Friday, European bank regulators tried to reassure the ...

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.