CHARLOTTE, N.C., July 3, 2023 /PRNewswire/ -- Bank of America's (BAC) 2023 Dodd-Frank Act supervisory severely adverse stress test results, submitted to the Federal Reserve as part of Bank of ...

If those rule changes are adopted as proposed, Bank of America's 2025 stress test results would indicate an SCB of 2.7%, which would make its new CET1 minimum ratio 10.2%, effective January 1, 2026.

Based on the revised 2023 CCAR results, Bank of America's Stress Capital Buffer will be 2.5%, which is the minimum requirement. As a result, Bank of America's minimum Common Equity Tier 1 (CET1 ...

The 2025 stress test results indicated that Bank of America's modeled capital depletion improved 100 bps to 170 bps. Capital depletion measures the difference between a firm's CET1 capital ratios at ...

The combined losses from the entire group added up to $195 billion over the course of the stress test's nine-quarter scenario. And Bank of America led the way, with $36.3 billion worth of losses.

One consequence of retaining so much capital is that Bank of America's return on equity is roughly half its 12% cost of capital. Over the last 12 months, for instance, it returned only 6.6% on its ...

The first part of the test, called Dodd-Frank Act Stress Testing (DFAST), assesses the bank's performance based on financial data from the previous year. Bank of America passed that portion this year.

Bank of America Corp.BAC0.45%increase; green up pointing triangle said Wednesday that Terry Laughlin, a longtime lieutenant of Chairman and CEO Brian Moynihan, would lead the resubmission of the ...

The yearly stress tests have become an important event in the annual banking cycle. Since the current version of the tests were inaugurated in 2011, this has been particularly true for Bank of ...

It's not that I forget how Bank of America has generally performed in the past, but I never remember precisely which years it sailed through the test, which year it failed, and which years it ran ...