CHARLOTTE, N.C., July 3, 2023 /PRNewswire/ -- Bank of America's 2023 Dodd-Frank Act supervisory severely adverse stress test results, submitted to the Federal Reserve as part of Bank of America's ...

Bank of America (NYSE:BAC) is planning to boost its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 2025, it said on Tuesday, after clearing the Federal Reserve's annual ...

Bank of America shares closed up 0.7%, while Citigroup finished up 3.3% and JPMorgan ended with a 3.0% gain. The broader S&P 500 financial services index (.SPSY) closed 3.8% higher.

Bank of America says it started talks with Fed after stress test results By Katherine Doherty Bloomberg,Updated July 5, 2023, 3:43 p.m.

Bank valuations look enticing, selling well below their 5-year averages and the market in general. For example, the large and regional banks sell for 8.4 and 7.9 times estimated earnings ...

The Dodd-Frank Act Stress Test, established in the wake of the 2008 financial crisis, assesses whether lenders have enough capital to withstand an economic downturn.

--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. ...

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.

Bank of America today commented on the results of the Federal Reserve’ s 2021 Comprehensive Capital Analysis and Review and announced plans to increase its quarterly common stock dividend by 17 ...

“Risk Factors” of Bank of America’s Annual Report on Form 10-K for the year ended December 31, 2020 and in Bank of America’s Current Report on Form 8-K dated April 15, 2021, announcing ...