<p>首先是胜利，现在是奖励。</p>
<p>与其他 31 家 银行 及银行相关的金融公司一起，<strong>摩根大通</strong>（JPM +0.47%）在 2026 年的美联储（Fed）年度 压力测试 中表现出色。如果未能通过，美联储将对资本分配和员工奖金施加限制。但没有——在没有这些限制的情况下，它现在有更多的空间将资金返还给股东，果然，在测试结果公布后，该银行在这一领域宣布了两项新的、令人满意的举措。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vY2RuLmNvbnRlbnQuZm9vbGNkbi5jb20vaW1hZ2VzLzF1bW45cWVoL3Byb2R1Y3Rpb24vNjUwMmI5YjhhYmE1NWQ5MDdhNzAxMjFjMWUxOGZkYWZhNzQ0NjJmMy01MDY3eDM3MTAuanBnP3c9NTA2NyZoPTM3MTAmcT03NSZhdXRvPWZvcm1hdH93PTM4NDB_b3A9cmVzaXpl?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vY2RuLmNvbnRlbnQuZm9vbGNkbi5jb20vaW1hZ2VzLzF1bW45cWVoL3Byb2R1Y3Rpb24vNjUwMmI5YjhhYmE1NWQ5MDdhNzAxMjFjMWUxOGZkYWZhNzQ0NjJmMy01MDY3eDM3MTAuanBnP3c9NTA2NyZoPTM3MTAmcT03NSZhdXRvPWZvcm1hdH93PTM4NDB_b3A9cmVzaXpl"/></p>
<p>图片来源：Getty Images。</p>
<h2>开放金库</h2>
<p>摩根大通 宣布计划提高股息，同时其董事会已授权一项新的股票回购计划。这两项都是相当可观的。</p>
<p>让我们先谈谈 股息 的提高。该银行计划在下次分配中每股支付 1.65 美元的季度股息，比最近的 1.50 美元的股息高出 10%。</p>
<p>这一提议的提高需经董事会批准。因此，公司没有提供潜在的除息或支付日期。在最近的收盘股价下，这将带来不到 2% 的收益率，显著高于当前标准普尔 500 指数所有股票的平均收益率（低于 1.1%）。</p>
<p>至于回购计划，摩根大通的董事会已授权一项 500 亿美元的计划，没有设定到期日期。这项计划将于下周三，即 7 月 1 日生效，和大多数此类计划一样，这些自购的时机和金额将由管理层自行决定。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9hcnQvY29tcGFueWxvZ29zL21hcmsvSlBNLnBuZyV1MDAyNnc9MTI4JXUwMDI2b3A9cmVzaXpl?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="摩根大通股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9hcnQvY29tcGFueWxvZ29zL21hcmsvSlBNLnBuZyV1MDAyNnc9MTI4JXUwMDI2b3A9cmVzaXpl"/></p>
<h2>NYSE: JPM</h2>
<p>摩根大通</p>
<p>今日变动</p>
<p>(0.47%) $1.57</p>
<p>当前价格</p>
<p>$335.02</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$8980 亿</p>
<p>日内区间</p>
<p>$334.63 - $343.34</p>
<p>52 周区间</p>
<p>$279.10 - $343.45</p>
<p>成交量</p>
<p>324</p>
<p>平均成交量</p>
<p>890 万</p>
<p>股息收益率</p>
<p>1.76%</p>
<h2>2026 年的大解冻</h2>
<p>虽然双位数的股息提高和十位数的股票回购计划无疑对投资者有利，但我们需要了解它们是如何成为可能的。</p>
<p>作为对银行的监管的一部分，美联储要求设定压力资本缓冲（SCB）。这是国家大型贷款机构需要持有的资金，超出普通股一级资本（CET1）——这是法律规定的最低要求。美联储根据监管机构认为贷款机构需要的资本 “缓冲” 量，为每家总资产至少为 1000 亿美元的银行量身定制 SCB。</p>
<p>在压力测试的几个月前，2 月份，美联储冻结了今年剩余时间和 2027 年的现有 SCB 要求。此前，它在测试结果公布后不久开始这一过程，并在 8 月底最终确定。该要求将于 10 月 1 日生效。</p>
<p>这一漫长而繁琐的过程使得大型银行难以有效规划其资本分配策略。像大型银行常做的那样，他们对此进行了激烈的抱怨，并游说进行改变。值得称赞的是，美联储听取了这些批评，并决定采取行动，通过年初的冻结给贷款机构应有的喘息空间。</p>
<p>当前的制度更为合理，更为清晰，使银行对需要保持的总资本有了更好的了解……并且，间接地，更清晰地了解可用于股东满意措施（如股息提高和股票回购）的资金。</p>
<h2>双位数的竞赛</h2>
<p>虽然季度股息提高 10% 令人印象深刻，但我应该指出，与其他公司宣布的提议相比，这实际上有点低。</p>
<p>白手套投资银行 <strong>摩根士丹利</strong>（MS +0.54%）几乎没有浪费时间宣布将股息提高 15% 至每股 1.15 美元；这将使收益率上升至 2%。它也走上了股票回购的道路，重新授权其 200 亿美元的计划。</p>
<p>这两家贷款机构都被一家较小的竞争对手 <strong>纽约梅隆银行</strong>（BNY +1.30%）超越，该行宣布了 19% 的股息提高。新的季度金额为每股 0.63 美元，理论收益率为 1.7%。</p>
<p>摩根大通是美国所谓的四大银行之一。其他两家银行也毫不意外地宣布了提高季度分配的意图（唯一的例外是 <strong>美国银行</strong>（BAC +0.57%））。<strong>花旗集团</strong>（C +0.86%）计划将其分配提高 12% 至每股 0.67 美元。<strong>富国银行</strong>（WFC +0.52%）计划将其提高 11% 至每股 0.50 美元。前者的收益率将为 1.8%，而后者的收益率为 2.4%。</p>
<h2>时代的标志</h2>
<p>摩根大通长期任职的首席执行官杰米·戴蒙创造了 “堡垒资产负债表” 这一术语，这恰如其分地契合了该银行的战略。凭借其始终坚如磐石的资本基础，自金融危机以来，该银行已通过了每一次压力测试。</p>
<p>因此，公司的两位数股息增长并不令人惊讶；新股回购计划也是如此（我们对其他宣布的银行也可以这样说）。考虑到这一点，我认为这些举措本身不会推动银行股票上涨。然而，它们确实有助于提升公司情绪，因为它们传达了对公司表现良好并将继续繁荣的信心。</p>

摩根大通

JPMO

<p>摩根大通通过了美联储的 2026 年压力测试，允许将股息提高 10% 至每股 1.65 美元，并授权一项新的 500 亿美元股票回购计划。该银行与其他主要贷款机构一起，在成功的监管评估后向股东返还资本</p>

<p>First the win, now the prizes.</p>
<div class="lb-trans"><p>首先是胜利，现在是奖励。</p>
</div><p>Along with 31 other banks and bank-adjacent finance sector companies, <strong>JPMorgan Chase</strong>( JPM +0.47%) crushed the Federal Reserve’s (Fed) annual stress tests for 2026. Had it failed, the Fed would have placed restrictions on capital allocations and employee bonuses. But no — without such limits, it now has more scope to return monies to its shareholders and, sure enough, just after the test results were announced, the bank trumpeted two new, investor-pleasing moves in this realm.</p>
<div class="lb-trans"><p>与其他 31 家 银行 及银行相关的金融公司一起，<strong>摩根大通</strong>（JPM +0.47%）在 2026 年的美联储（Fed）年度 压力测试 中表现出色。如果未能通过，美联储将对资本分配和员工奖金施加限制。但没有——在没有这些限制的情况下，它现在有更多的空间将资金返还给股东，果然，在测试结果公布后，该银行在这一领域宣布了两项新的、令人满意的举措。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2Nkbi5jb250ZW50LmZvb2xjZG4uY29tL2ltYWdlcy8xdW1uOXFlaC9wcm9kdWN0aW9uLzY1MDJiOWI4YWJhNTVkOTA3YTcwMTIxYzFlMThmZGFmYTc0NDYyZjMtNTA2N3gzNzEwLmpwZz93PTUwNjcmaD0zNzEwJnE9NzUmYXV0bz1mb3JtYXQmdz0zODQw" alt="Person placing money in both hands of another person." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fcdn.content.foolcdn.com%2Fimages%2F1umn9qeh%2Fproduction%2F6502b9b8aba55d907a70121c1e18fdafa74462f3-5067x3710.jpg%3Fw%3D5067%26h%3D3710%26q%3D75%26auto%3Dformat&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Opening the coffers</h2>
<div class="lb-trans"><h2>开放金库</h2>
</div><p>JPMorgan Chase announced it intended to raise its dividend, while its board has authorized a new share buyback program. Both are considerable.</p>
<div class="lb-trans"><p>摩根大通 宣布计划提高股息，同时其董事会已授权一项新的股票回购计划。这两项都是相当可观的。</p>
</div><p>Let’s start with the dividend raise. The bank is aiming for a $ 1.65-per-share quarterly payout with its next distribution, exactly 10% higher than the most recent dividend of $1.50.</p>
<div class="lb-trans"><p>让我们先谈谈 股息 的提高。该银行计划在下次分配中每股支付 1.65 美元的季度股息，比最近的 1.50 美元的股息高出 10%。</p>
</div><p>This proposed hike is subject to the board’s approval. Because of this, the company didn’t provide either the potential ex-dividend or payment dates for the payout. At the most recent closing stock price, it would yield just under 2%, which is notably higher than the current sub-1.1% average of all stocks on the bellwether <strong>S&amp;P 500</strong> index.</p>
<div class="lb-trans"><p>这一提议的提高需经董事会批准。因此，公司没有提供潜在的除息或支付日期。在最近的收盘股价下，这将带来不到 2% 的收益率，显著高于当前标准普尔 500 指数所有股票的平均收益率（低于 1.1%）。</p>
</div><p>As for the buyback program,  JPMorgan Chase’s board has authorized a $50 billion initiative, with no set expiration date. This kicks in next Wednesday, July 1, and as in most such initiatives, the timing and amount of these self-purchases will be at management’s discretion.</p>
<div class="lb-trans"><p>至于回购计划，摩根大通的董事会已授权一项 500 亿美元的计划，没有设定到期日期。这项计划将于下周三，即 7 月 1 日生效，和大多数此类计划一样，这些自购的时机和金额将由管理层自行决定。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0pQTS5wbmcmdz0xMjg" alt="JPMorgan Chase Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FJPM.png&amp;w=128&amp;op=resize"/></p>
<h2>NYSE: JPM</h2>
<div class="lb-trans"><h2>NYSE: JPM</h2>
</div><p>JPMorgan Chase</p>
<div class="lb-trans"><p>摩根大通</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(0.47%) $1.57</p>
<div class="lb-trans"><p>(0.47%) $1.57</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$335.02</p>
<div class="lb-trans"><p>$335.02</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$898B</p>
<div class="lb-trans"><p>$8980 亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$334.63 - $343.34</p>
<div class="lb-trans"><p>$334.63 - $343.34</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$279.10 - $343.45</p>
<div class="lb-trans"><p>$279.10 - $343.45</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>324</p>
<div class="lb-trans"><p>324</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>8.9M</p>
<div class="lb-trans"><p>890 万</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>1.76%</p>
<div class="lb-trans"><p>1.76%</p>
</div><h2>The great thaw of 2026</h2>
<div class="lb-trans"><h2>2026 年的大解冻</h2>
</div><p>While a double-digit dividend raise and an 11-figure share buyback program are indisputably beneficial for investors, we need to get a fix on how they were made possible.</p>
<div class="lb-trans"><p>虽然双位数的股息提高和十位数的股票回购计划无疑对投资者有利，但我们需要了解它们是如何成为可能的。</p>
</div><p>As part of its oversight on banks, the Fed mandates the stress capital buffer (SCB). This is the amount of money the nation’s large lenders are required to hold on top of common equity tier 1 capital (CET!) — the bare legal minimum to have on hand. The Fed tailors the SCB to each bank with total assets of at least $100 billion, based on how much of a capital “cushion” the regulator believes the lender needs.</p>
<div class="lb-trans"><p>作为对银行的监管的一部分，美联储要求设定压力资本缓冲（SCB）。这是国家大型贷款机构需要持有的资金，超出普通股一级资本（CET1）——这是法律规定的最低要求。美联储根据监管机构认为贷款机构需要的资本 “缓冲” 量，为每家总资产至少为 1000 亿美元的银行量身定制 SCB。</p>
</div><p>In February, several months before the stress tests, the Fed froze the existing SCB requirements for the remainder of this year and into 2027. Previously, it had begun the process just after the test results came out, finalizing it only by the end of August. It would come into force on Oct. 1.</p>
<div class="lb-trans"><p>在压力测试的几个月前，2 月份，美联储冻结了今年剩余时间和 2027 年的现有 SCB 要求。此前，它在测试结果公布后不久开始这一过程，并在 8 月底最终确定。该要求将于 10 月 1 日生效。</p>
</div><p>That long, cumbersome process made the SCB difficult for the big banks to plan their capital allocation strategies effectively. As big banks often do, they complained vociferously about this and lobbied for a change. To its credit, the Fed heard these criticisms and decided to act, giving the lenders a deserved break with the early-in-the-year freeze.</p>
<div class="lb-trans"><p>这一漫长而繁琐的过程使得大型银行难以有效规划其资本分配策略。像大型银行常做的那样，他们对此进行了激烈的抱怨，并游说进行改变。值得称赞的是，美联储听取了这些批评，并决定采取行动，通过年初的冻结给贷款机构应有的喘息空间。</p>
</div><p>The current regime makes more sense, is cleaner, and gives the banks a much better idea of how much total capital they’ll need to keep on hand… and, by extension, a clearer view of what’s available for shareholder-pleasing measures like dividend raises and share buybacks.</p>
<div class="lb-trans"><p>当前的制度更为合理，更为清晰，使银行对需要保持的总资本有了更好的了解……并且，间接地，更清晰地了解可用于股东满意措施（如股息提高和股票回购）的资金。</p>
</div><h2>Double-digit derby</h2>
<div class="lb-trans"><h2>双位数的竞赛</h2>
</div><p>While a 10% raise in a quarterly dividend is impressive, I should point out that it’s actually a bit low compared to the proposed bumps announced by other companies earning a passing grade.</p>
<div class="lb-trans"><p>虽然季度股息提高 10% 令人印象深刻，但我应该指出，与其他公司宣布的提议相比，这实际上有点低。</p>
</div><p>White-shoe investment bank <strong>Morgan Stanley</strong>( MS +0.54%) wasted almost no time announcing a 15% increase in its dividend to $1.15 per share; that’ll push the yield up to 2%. It’s going the share buyback route too, with a reauthorization of its $20 billion initiative.</p>
<div class="lb-trans"><p>白手套投资银行 <strong>摩根士丹利</strong>（MS +0.54%）几乎没有浪费时间宣布将股息提高 15% 至每股 1.15 美元；这将使收益率上升至 2%。它也走上了股票回购的道路，重新授权其 200 亿美元的计划。</p>
</div><p>Both lenders were topped by a smaller rival, <strong>Bank of New York Mellon</strong>( BNY +1.30%), with a beefy 19% dividend raise. The new quarterly amount is $0.63 per share, yielding a theoretical 1.7%.</p>
<div class="lb-trans"><p>这两家贷款机构都被一家较小的竞争对手 <strong>纽约梅隆银行</strong>（BNY +1.30%）超越，该行宣布了 19% 的股息提高。新的季度金额为每股 0.63 美元，理论收益率为 1.7%。</p>
</div><p>JPMorgan Chase is one of this country’s so-called Big Four banks. Two of the others also, unsurprisingly, declared intent to raise their quarterly payouts (the one holdout is <strong>Bank of America</strong>( BAC +0.57%)). <strong>Citigroup</strong>( C +0.86%) aims to boost its distribution by 12% to $0.67 per share. <strong>Wells Fargo</strong>( WFC +0.52%) is planning for an 11% increase to $0.50 per share. The former’s yield would be 1.8%, while the latter’s is 2.4%.</p>
<div class="lb-trans"><p>摩根大通是美国所谓的四大银行之一。其他两家银行也毫不意外地宣布了提高季度分配的意图（唯一的例外是 <strong>美国银行</strong>（BAC +0.57%））。<strong>花旗集团</strong>（C +0.86%）计划将其分配提高 12% 至每股 0.67 美元。<strong>富国银行</strong>（WFC +0.52%）计划将其提高 11% 至每股 0.50 美元。前者的收益率将为 1.8%，而后者的收益率为 2.4%。</p>
</div><h2>Sign of the times</h2>
<div class="lb-trans"><h2>时代的标志</h2>
</div><p>JPMorgan Chase’s long-serving CEO Jamie Dimon coined the term “fortress balance sheet,” which aptly fits the bank’s strategy. With its always-rock-solid capital base, it’s passed every stress test since the exams were first administered after the financial crisis of the late 2000s.</p>
<div class="lb-trans"><p>摩根大通长期任职的首席执行官杰米·戴蒙创造了 “堡垒资产负债表” 这一术语，这恰如其分地契合了该银行的战略。凭借其始终坚如磐石的资本基础，自金融危机以来，该银行已通过了每一次压力测试。</p>
</div><p>So the company’s double-digit dividend raise isn’t a surprise; ditto for the new share repurchase program (we can say the same for the other declaring banks, too). Given that, I don’t think these moves will push the bank’s stock higher in and of themselves. They do, however, help sentiment on the company, as they signal confidence that it’s done well and should continue to thrive.</p>
<div class="lb-trans"><p>因此，公司的两位数股息增长并不令人惊讶；新股回购计划也是如此（我们对其他宣布的银行也可以这样说）。考虑到这一点，我认为这些举措本身不会推动银行股票上涨。然而，它们确实有助于提升公司情绪，因为它们传达了对公司表现良好并将继续繁荣的信心。</p>
</div>

JPMorgan Chase Pairs a 10% Dividend Hike With a New $50 Billion Buyback After Clearing the Fed's Stress Test

- 摩根大通在 2026 年压力测试中表现良好，未受到资本限制。  
- 计划将季度股息提高 10% 至 1.65 美元，并启动 500 亿美元回购计划。  
- 美联储已冻结资本缓冲要求，为银行提供更多资本配置灵活性。

Motley Fool

Defiance Daily Target 2X Long JPM ETF

YieldMax JPM Option Income Strategy ETF

标普 500 指数

摩根士丹利

Bank of NY Mellon

美国银行

花旗

富国银行

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

CITIGROUP INC 6.250 NON CUM SER II PFD WI

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

摩根大通在通过美联储压力测试后，宣布将股息提高 10% 并推出新的 500 亿美元股票回购计划