News

As banks like Citi and Bank and America enter the stablecoin market, they’re likely to bring their own tech stack and ...
Bank of America (BAC) reported Q2 fiscal net income of $7.1B, beating analyst estimates. Revenue grew 4% but missed expectations.
Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 ...
Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 ...
JPMorgan’s second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations ...
Shares of major U.S. banks rose Monday morning after all 22 institutions passed the Federal Reserve’s annual stress test, according to Reuters. The results signaled resilience in the face of economic ...
JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current ...
With the Federal Reserve giving major financial institutions high marks in its annual stress tests, several large banks raised their dividends.
After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to ...
America's largest banks shared plans to raise their quarterly dividends and authorize stock-buyback programs after completing the Federal Reserve's stress test of their resilience against an economic ...
JPMorgan Chase, the nation's largest bank, raised its dividend to $1.50 a share from $1.40, according to a regulatory filing. It also announced a new $50 billion share repurchase program, effective on ...
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 ...