News: 2024.07.12
Although total losses are forecast to be as high as $541 billion, the test results show the resilience of the banking system. On the heels of annual stress tests, several banks announced plans to raise dividends and share buybacks. JP Morgan cuts dividend from 1.15…
JPMorgan Chase's financial report showed that despite the impact of market turmoil, the company still performed well. Its dividend was raised to $1.20 per share, and its stock buyback program also received broad support from shareholders.
Wells Fargo's financial report shows that the company has maintained a solid financial position in the face of market challenges. The dividend was raised to $0.80 per share, indicating the company's confidence in future growth.
Citigroup's financial report shows that the company has achieved good results in a highly competitive market environment. The dividend was raised to $0.90 per share, demonstrating the company's ability to meet the challenges ahead.