US Bank Stocks up Pre-Bell After Clearing Fed Stress Test
BY MT Newswires | ECONOMIC | 06/30/25 07:04 AM EDT07:04 AM EDT, 06/30/2025 (MT Newswires) -- Major US bank stocks were up pre-bell Monday after the Federal Reserve said they passed the central bank's annual stress test.
"Large banks remain well capitalized and resilient to a range of severe outcomes," Fed Vice Chair for Supervision Michelle Bowman said Friday. "One way to address the excessive volatility in the stress test results and corresponding capital requirements is for the board to finalize the proposal that would average two consecutive years of stress test results, which was released in April."
The Fed said that all 22 banks tested continued to be above their minimum CET1 capital requirements during the stress scenario, after absorbing total projected hypothetical losses of more than $550 billion.
"Large banks are well positioned to weather a severe recession, while staying above minimum capital requirements and continuing to lend to households and businesses," the Fed said.
Goldman Sachs Group
Bank of America
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