Latest news with #ComprehensiveCapitalAnalysisandReview
Business Insider
2 days ago
- Business
- Business Insider
Goldman Sachs plans to raise quarterly dividend 33%, sees SCB at 3.4%
On Friday, June 27, the Federal Reserve released the results of its 2025 Comprehensive Capital Analysis and Review stress test process. Goldman Sachs (GS) expects the firm's Stress Capital Buffer requirement will be 3.4%, resulting in a Standardized Common Equity Tier 1 ratio requirement of 10.9%, effective October 1. The Federal Reserve will provide the firm's final SCB requirement by August 31. These results and effective date may be subject to further changes pending the finalization of the Federal Reserve's outstanding proposal on SCB averaging. In addition, the Federal Reserve disclosed that the firm's current SCB, from the CCAR 2024 test, has been reduced by 10 basis points to 6.1%. This results in a current CET1 ratio requirement of 13.6%, effective immediately. The firm's capital plan includes a 33% increase in the common stock dividend from $3.00 to $4.00 per share beginning July 1, 2025, subject to approval by the firm's Board of Directors at the customary third quarter meeting. This increase is a continuation of the firm's plan to pay shareholders a sustainable and growing dividend. Don't Miss TipRanks' Half-Year Sale
Yahoo
2 days ago
- Business
- Yahoo
Northern Trust Corporation announces 2025 Stress Capital Buffer and Intent to Increase Quarterly Common Stock Dividend by 7 percent
CHICAGO, July 01, 2025--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). "The results of the Federal Reserve's annual CCAR stress tests have again confirmed the strength of our capital position and business model," Chairman and Chief Executive Officer Michael O'Grady said. "We continue to maintain robust capital levels and look forward to investing in our franchise and returning excess capital to shareholders, in line with our strategic priorities." Based on the 2025 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2025, to September 30, 2026, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent. Northern Trust evaluates its planned capital actions, inclusive of its quarterly cash dividend on common stock, at each quarterly board of directors meeting. At the July 2025 meeting, Northern Trust will propose an increase of $0.05/share to its quarterly cash dividend on common stock, subject to approval by its board of directors. Northern Trust will continue to take an opportunistic, considerate approach to common stock repurchases. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at View source version on Contacts Media Contact: John O'ConnellNorthern Trust(312) 444-2388John_O'Connell@
Business Wire
2 days ago
- Business
- Business Wire
Northern Trust Corporation announces 2025 Stress Capital Buffer and Intent to Increase Quarterly Common Stock Dividend by 7 percent
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). Northern Trust will propose an increase of $0.05/share to its quarterly cash dividend on common stock, subject to approval by its board of directors. 'The results of the Federal Reserve's annual CCAR stress tests have again confirmed the strength of our capital position and business model,' Chairman and Chief Executive Officer Michael O'Grady said. 'We continue to maintain robust capital levels and look forward to investing in our franchise and returning excess capital to shareholders, in line with our strategic priorities.' Based on the 2025 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2025, to September 30, 2026, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent. Northern Trust evaluates its planned capital actions, inclusive of its quarterly cash dividend on common stock, at each quarterly board of directors meeting. At the July 2025 meeting, Northern Trust will propose an increase of $0.05/share to its quarterly cash dividend on common stock, subject to approval by its board of directors. Northern Trust will continue to take an opportunistic, considerate approach to common stock repurchases. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at
Business Wire
2 days ago
- Business
- Business Wire
Wells Fargo Expects SCB to Decrease to 2.5% from 3.8% and Intends to Raise Dividend by 12.5% to $0.45
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that it has completed the 2025 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Federal Reserve Board's (FRB) calculations resulted in an expected stress capital buffer (SCB) for the Company below the minimum, and the Company therefore expects its SCB to decrease from 3.8% to the minimum of 2.5%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory capital requirements. The FRB has indicated that it will publish the Company's final SCB by August 31, 2025. The FRB has a pending notice of proposed rule making that, if finalized as proposed, would result in the Company's expected SCB being 2.6%. The FRB also revised Wells Fargo's 2024 SCB to 3.7%, down from 3.8%, due to the correction of modest errors in the FRB's loss projections related to corporate and first lien mortgage loans in the 2024 stress test results. The Company also announced that it expects to increase its third quarter 2025 common stock dividend by 12.5% to $0.45 per share from $0.40 per share, subject to approval by the Company's Board of Directors at its regularly scheduled meeting in July. Additionally, the Company has capacity to continue repurchasing common stock, which will be routinely assessed as part of the Company's internal capital adequacy framework that considers current market conditions, regulatory capital requirements, and other risk factors. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune's 2024 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at LinkedIn: Cautionary Statement About Forward-Looking Statements This news release contains forward-looking statements about our future regulatory capital levels and possible future capital actions, including common stock dividends and repurchases. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. Actual capital levels and capital actions may vary materially from expectations due to a number of factors, including those described in our reports filed with the Securities and Exchange Commission and available on its website at The amount and timing of any future common stock dividends or repurchases will depend on the earnings, cash requirements and financial condition of the Company, the impact to our balance sheet of expected customer activity, our capital requirements and long-term targeted capital structure, the results of supervisory stress tests, market conditions (including the trading price of our stock), regulatory and legal considerations, including regulatory requirements under the Federal Reserve Board's capital plan rule, and other factors deemed relevant by the Company, and may be subject to regulatory approval or conditions.
Business Wire
2 days ago
- Business
- Business Wire
Charles Schwab Discloses Results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve's estimate of Schwab's minimum capital ratios under the supervisory severely adverse scenario for the nine-quarter horizon beginning December 31, 2024 and ending March 31, 2027. Based on these results, Schwab's calculated stress capital buffer (SCB) remains well below the 2.5% minimum, resulting in a SCB at that floor. This 2.5% SCB will continue to be applicable to Schwab for the four-quarter period beginning October 1, 2025. Schwab's Common Equity Tier 1 (CET1) ratio of 32% as of March 31, 2025 was well in excess of the regulatory minimum of 4.5% combined with the SCB of 2.5% due to the relatively low risk nature of our balance sheet assets. Schwab ended the first quarter of 2025 with a consolidated adjusted Tier 1 Leverage Ratio of 7.13%, up from 6.85% at year-end 2024. This consolidated adjusted Tier 1 Leverage Ratio is above the long-term operating objective for CSC of 6.75% to 7.00%. CFO Mike Verdeschi commented, 'Schwab's CCAR stress test results reinforce the strength of our capital position and durability of our diversified model across a range of environments. The firm will continue to prioritize maintaining capital levels to support the evolving needs of our clients as well as long-term franchise growth – while at the same time seeking to enhance through-the-cycle stockholder value via the opportunistic return of capital in multiple forms.' Forward-looking Statements This press release contains forward-looking statements relating to the company's business results, capital ratios, balance sheet management and capital return. These forward-looking statements reflect management's expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations. Important factors that may cause such differences are described in the company's most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company's website ( and on the Securities and Exchange Commission's website ( The company makes no commitment to update any forward-looking statements. About Charles Schwab The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 37.4 million active brokerage accounts, 5.6 million workplace plan participant accounts, 2.1 million banking accounts, and $10.35 trillion in client assets as of May 31, 2025. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at
