📢 US banks increase dividends and buybacks!
The financial sector in the United States has just sent a clear signal to investors: the capital position of the largest banks is robust and so they are rewarding their shareholders. After successfully passing the Fed's stress tests , the banking giants have announced significant dividend increases and the launch of new share buyback programs.

🔍Increased dividends and buybacks
JPMorgan Chase $JPM raises quarterly dividend to $1.50 per share and launches $50 billion share buyback program.

Morgan Stanley $MS Authorizes $20billion buyback and raises dividend to $1.

Goldman Sachs $GS moves dividend from $3 to $4, Citigroup $C from 56 to 60 cents, Bank of America $BAC from 26 to 28 cents, Wells Fargo $WFC from 40 to 45 cents.

📈 Fed in its stress test, tested the resilience of banks under various scenarios, deep recession, high unemployment or sharp market shocks.

💬 Jamie Dimon, head of JPMorgan: "The dividend increase reflects our confidence in long-term performance and stability. In addition, the new buyback program provides flexibility in capital allocation."

🔎 What it means
In an environment of increased regulatory pressures and changing interest rates, it is clear that the largest banks remain stable, profitable and ready to return capital to investors.

💡 What is your view on the banking sector, not just in the US?