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Bank of America to Raise Dividend by 8% After Stress Test
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 new dividend is subject to board approval and would be raised starting in the third quarter.
Biggest US Banks Boost Dividends After Fed Stress Tests
JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. were among firms raising quarterly payouts following the Federal Reserve’s annual review last week showed that all banks examined would maintain enough capital to withstand a hypothetical economic downturn.
In a Bank of America Global Research Report, economist Shruti Mishra outlines where the payroll, unemployment and wage ...
The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...
Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...
Bank of America appears to have broken an important resistance level. Yjos means there is a good chance that it trends higher ...
A Bank of America analyst sees a stock bubble forming in the second half of 2025, fueled by the prospect of lower interest ...
Bank of America CEO Brian Moynihan has steered one of the world’s largest financial institutions through two economic crises, ...
Evidence of a U.S. manufacturing slowdown is mounting, according to the Bank of America Institute. Tariffs could help reduce ...
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A list of participating charities is available on the marathon’s website. The Chicago Distance Series consists of the ...
Bank of America is permanently closing its branch at 1525 Market St., ending a presence in San Francisco’s Mid-Market and Civic Center area that dates to 1959. The banking giant confirmed the ...
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