🏦 Major U.S. Banks Pass Fed Stress Test—Wells Fargo Included
Resilience proves strong as stress test opens door for dividends and growth
Wells Fargo (NYSE: WFC), along with banking giants JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Goldman Sachs (NYSE: GS), today cleared the Federal Reserve’s annual stress tests, confirming they can withstand a severe economic downturn. Morgan Stanley (NYSE: MS) and M&T Bank (NYSE: MTB) also emerged in solid shape, thanks to a lighter stress capital buffer imposed this year cincodias.elpais.com+13ainvest.com+13finimize.com+13.
Stress tests pass means more capital for shareholders
With robust Common Equity Tier 1 ratios well above minimum, these banks now have the green light to increase dividends and boost buybacks. JPMorgan could raise payouts by 5–7%, Citigroup may hike double digits, and Goldman could focus on buybacks—all pointing to bullish sentiment in finance ainvest.com.