Big Banks Are Returning Billions—But What Do the Fundamentals Say? – Validea's Guru Investor Blog
Last week’s Federal Reserve stress test results brought good news for investors in large U.S. banks. According to Barron’s, major financial institutions like JPMorgan Chase, Bank of America, Morgan Stanley, and Wells Fargo cleared the Fed’s annual exam with room to spare, prompting a wave of capital return announcements. The major banks all announced stock buybacks or dividend increases — actions that reinforce confidence in the balance sheets and positioning going forward. At Validea, we… Read More
