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One consequence of retaining so much capital is that Bank of America's return on equity is roughly half its 12% cost of capital. Over the last 12 months, for instance, it returned only 6.6% on its ...
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 ...
It's not that I forget how Bank of America has generally performed in the past, but I never remember precisely which years it sailed through the test, which year it failed, and which years it ran ...
The combined losses from the entire group added up to $195 billion over the course of the stress test's nine-quarter scenario. And Bank of America led the way, with $36.3 billion worth of losses.
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.
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 ...
However, in arguably the biggest surprise of the stress tests, Bank of America (BAC 0.46%) received "conditional approval" for its capital plan.
CHARLOTTE, N.C., July 3, 2023 /PRNewswire/ -- Bank of America's (BAC) 2023 Dodd-Frank Act supervisory severely adverse stress test results, submitted to the Federal Reserve as part of Bank of ...