|Bid||170.10 x 400|
|Ask||170.40 x 700|
|Day's Range||167.90 - 170.15|
|52 Week Range||139.91 - 177.86|
|PE Ratio (TTM)||18.59|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
JPMorgan, Bank of America, Citigroup and Goldman Sachs were among the top banks that passed the Federal Reserve's second stress test, clearing the way for them to return more capital to shareholders.
Bank of America Corp. plans to lift its dividend above a level that Warren Buffett has said would compel him to convert preferred shares into the lender’s common stock.
The Fed has ok'd Bank of America's dividend hike, and that clears the way for Berkshire to purchase 700 million common shares.