* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, June 13, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Op-Ed: Data Storage and Protection in Today’s Media & Entertainment Industry – Sports Video Group

    How Data Storage and Protection Are Transforming the Media & Entertainment Industry

    The Analyst Verdict: PENN Entertainment In The Eyes Of 7 Experts – Nasdaq

    7 Experts Reveal the Ultimate Verdict on PENN Entertainment

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    MSI Viking and Mahr Host Technology Day – WSPA 7NEWS

    Step Inside the Thrilling World of MSI Viking and Mahr Technology Day!

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    Russian Scientists Develop Sub-Ångström Technology for Next-Gen Quantum Processors – The Quantum Insider

    Russian Scientists Pioneer Sub-Ångström Technology to Revolutionize Next-Gen Quantum Processors

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Op-Ed: Data Storage and Protection in Today’s Media & Entertainment Industry – Sports Video Group

    How Data Storage and Protection Are Transforming the Media & Entertainment Industry

    The Analyst Verdict: PENN Entertainment In The Eyes Of 7 Experts – Nasdaq

    7 Experts Reveal the Ultimate Verdict on PENN Entertainment

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    MSI Viking and Mahr Host Technology Day – WSPA 7NEWS

    Step Inside the Thrilling World of MSI Viking and Mahr Technology Day!

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    Russian Scientists Develop Sub-Ångström Technology for Next-Gen Quantum Processors – The Quantum Insider

    Russian Scientists Pioneer Sub-Ångström Technology to Revolutionize Next-Gen Quantum Processors

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Top U.S. banks raise dividends after sailing through Fed stress tests

July 1, 2023
in Business
Top U.S. banks raise dividends after sailing through Fed stress tests
Share on FacebookShare on Twitter

2/2

Top U.S. banks raise dividends after sailing through Fed stress tests
© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo

2/2

By Saeed Azhar, Tatiana Bautzer and Nupur Anand

NEW YORK (Reuters) – U.S. banks including JPMorgan Chase (NYSE:), Wells Fargo (NYSE:), Goldman Sachs (NYSE:) and Morgan Stanley (NYSE:) hiked their third-quarter dividends on Friday after sailing through the Federal Reserve’s annual health check, which showed they have enough capital to weather a severe economic downturn.

JPMorgan, the biggest U.S. lender, plans to increase its quarterly stock dividend to $1.05 per share from a current $1.00. Wells Fargo will boost its dividend to 35 cents a share from 30 cents, the companies said.

Goldman Sachs’ dividend will rise to $2.75 a share from $2.50, while Morgan Stanley’s will increase to 85 cents a share from the current 77.5 cents.

Citigroup (NYSE:)’s dividend will rise to 53 cents a share from 51 cents.

The banks announced the dividend hikes after passing the Fed’s stress test, which determines how much capital they need to set aside before they can return money to shareholders.

Under the Fed’s scenario of a major economic slump, the 23 banks tested – including JPMorgan, Bank of America (NYSE:) and Goldman Sachs – would suffer a combined $541 billion in losses, while still holding more than twice the amount of capital required.

The largest U.S. lenders stayed resilient despite the failures of three large regional banks that roiled the industry earlier this year. Big banks stayed on a firm footing even as the Fed raised interest rates to tame inflation, which could tip the economy into recession.

“The results show that these banks are able to withstand a severe stress and maintain a capital buffer above regulatory minima, a credit positive,” rating agency Moody’s (NYSE:) Investors Service in a note.

Citigroup repurchased $1 billon of common stock during the second quarter and will continue to evaluate its capital actions every quarter, CEO Jane Fraser said in a statement.

Citigroup’s stress capital buffer (SCB) requirement rose to 4.3%, from a current 4.0%, contrasting with large peers whose SCB dropped.

The size of the SCB, an additional layer of capital introduced in 2020 that sits on top of banks’ minimum capital requirements, reflects how well a bank performs on the test.

“While we would have clearly preferred not to see an increase in our stress capital buffer, these results still demonstrate Citi’s financial resilience through all economic environments,” Fraser said.

Analysts had expected banks to stay conservative given the uncertain economic environment while they prepare for international capital rules that could be announced as early as this summer.

Bank New Previous

JPMorgan Chase $1.05 $1.00

Goldman Sachs $2.75 $2.50

Citigroup $0.53 $0.51

Morgan Stanley $0.85 $0.775

Wells Fargo $0.35 $0.30

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/jpmorgan-wells-fargo-raise-dividends-after-sailing-through-fed-stress-tests-3118120

Tags: banksbusinessdividends
Previous Post

NHL Free Agents 2023: Rumors, Predictions for Tyler Bertuzzi, Ryan Reaves, More

Next Post

China new home prices edge down in June for second consecutive month

Science Under Fire in Washington – The Equation – Union of Concerned Scientists

Science Under Fire in Washington – The Equation – Union of Concerned Scientists

June 13, 2025
If you want to become classier and more cultured as you age, say goodbye to these 7 habits – VegOut

7 Habits to Ditch Now if You Want to Grow Classier and More Cultured with Age

June 13, 2025
Which 10 teams have the best odds to win the 2026 World Cup, one year out? – FOX Sports

Which 10 teams have the best odds to win the 2026 World Cup, one year out? – FOX Sports

June 13, 2025
JPMorgan CEO: ‘Real Chance’ US Economic Numbers Will Dip – PYMNTS.com

JPMorgan CEO: ‘Real Chance’ US Economic Numbers Will Dip – PYMNTS.com

June 13, 2025

First karaoke machine recognized as entertainment tech “milestone” – Kyodo News+ | Japan’s leading news agency.

June 13, 2025
OSU-CHS recognized for health and wellness initiatives – Oklahoma State University

OSU-CHS Honored for Exceptional Health and Wellness Programs

June 13, 2025
Rand Paul attacks ‘immaturity’ of White House after rescinded picnic invitation, says he’s lost a ‘lot of respect’ for Trump – CNN

Rand Paul attacks ‘immaturity’ of White House after rescinded picnic invitation, says he’s lost a ‘lot of respect’ for Trump – CNN

June 13, 2025
“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

June 12, 2025
Six Penn State club sports teams win national championships – Penn State University

Six Penn State club sports teams win national championships – Penn State University

June 12, 2025

Colville Tribes and Ecology Unite to Transform Air Quality in Washington State

June 12, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (682)
  • Economy (698)
  • Entertainment (21,601)
  • General (15,352)
  • Health (9,739)
  • Lifestyle (702)
  • News (22,149)
  • People (698)
  • Politics (705)
  • Science (15,915)
  • Sports (21,199)
  • Technology (15,684)
  • World (681)

Recent News

Science Under Fire in Washington – The Equation – Union of Concerned Scientists

Science Under Fire in Washington – The Equation – Union of Concerned Scientists

June 13, 2025
If you want to become classier and more cultured as you age, say goodbye to these 7 habits – VegOut

7 Habits to Ditch Now if You Want to Grow Classier and More Cultured with Age

June 13, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version