Banks increase dividends after Fed stress test results

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June 25, 2026 10:48 AM EDT

FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

NEW YORK, ‌June 25 (Reuters) - ​Banks ​announced increased dividends and some announced new share ‌buy-back programs on Wednesday, after the ⁠Federal Reserve released results of its ‌stress test.

• Citigroup ‌will increase its quarterly dividend 12% to 67 cents and ​keep its multi-year $30 billion common stock repurchase program

• Goldman Sachs' ⁠common dividend will rise 11%, to $5.00 per ​share from $4.50, beginning next month

• Bank of America said it ​will define its quarterly ‌dividend after a board meeting next month and ⁠is keeping its $40 billion stock repurchase program

• JPMorgan Chase & Co intends ⁠to increase its quarterly dividend to $1.65 per ​share from $1.50 and announced a new $50 billion common share repurchase program

• Morgan Stanley ‌will increase its dividend by 15% to $1.15 per ‌share, and its board authorized ⁠a multi-year $20 billion ‌common equity ​share repurchase program

(Reporting by Tatiana Bautzer; Editing by Mark ‌Porter)


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JPMorgan, Goldman Sachs, Citi, Morgan Stanley, Dividend, Stock Buyback, BofA/Merrill Lynch