Bank Of America Plans 17 Percent Dividend Increase

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Bank Of America Plans 17 Percent Dividend Increase

T-Reuters2021-06-29

$Bank of America Corp(BAC-N)$ :Bank Of America Comments On Stress Test Results; Plans 17 Percent Dividend Increase.Bank Of America Corp - Will Be Subject To A Preliminary 2.5 Percent Stress Capital Buffer (Scb), Unchanged From Current Level.Bank Of America Corp - At March 31, 2021 Cet1 Ratio Was 11.8%, Which Equated To Approximately $35 Billion In Excess Cet1 Capital.Bank Of America - Scb With Basel 3 Cet1 Minimum Of 4.5% & Global Systemically Important Bank Surcharge Of 2.5% Will Equate To Minimum Cet1 Ratio Of 9.5%.

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terence98
·2021-06-30
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