Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  BB&T Corporation    BBT

Delayed Quote. Delayed  - 05/26 04:15:49 pm
36.06 USD   -0.85%
01:06p BB&T : announces Brown, Wiggs retirements
04:19a BB&T : Italian car collector Nicola Bulgari rides to America on Whee..
05/25 BB&T : Warren County Parks & Recreation Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

How the 19 banks fared in stress tests

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/14/2012 | 11:46am CEST

The Federal Reserve said on Tuesday that 15 of the 19 largest U.S. bank holding companies passed this year's stress tests, meaning they would maintain a Tier 1 common equity ratio above 5 percent in a severe economic downturn.

The four companies that did not pass were Ally Financial, SunTrust Banks Inc, Citigroup Inc, and MetLife Inc, which failed because its minimum risk-based capital ratio, at 6 percent, was far lower than any other bank in the exams. The company said the Fed's standards were too "bank-centric" and not appropriate for insurers.

Here is a list of the 19 banks, their minimum capital ratios through 2013 under the test (including capital proposed by the banks) and whether the banks announced they had received approval from the Fed for dividend increases and/or share repurchase plans.

Ally Financial 2.5 No

American Express 10.8 Yes

Bank of America 5.9 No

Bank of New York Mellon 13.0 Yes

BB&T 6.4 Yes

Capital One 7.8 --

Citigroup 4.9 No

Fifth Third 6.3 No

Goldman Sachs 5.7 Yes

JPMorgan Chase 5.4 Yes

KeyCorp 5.3 Yes

MetLife 5.1 No

Morgan Stanley 5.4 *

PNC 5.9 Yes

Regions 6.6 No

State Street 12.5 --

SunTrust 4.8 No

US Bancorp 5.4 Yes

Wells Fargo 6.0 Yes

*May use cash to increase stake in Morgan Stanley Smith Barney brokerage unit.

-- No details yet

(Reporting By Rick Rothacker; Editing by Tim Dobbyn)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on BB&T CORPORATION
01:06p BB&T : announces Brown, Wiggs retirements
04:19a BB&T : Italian car collector Nicola Bulgari rides to America on Wheels' rescue
05/25 BB&T : Warren County Parks & Recreation Report
05/23 BB&T : employees helping OIC feed 1,500 needy families
05/23 BB&T : Man in yellow vest robs Tackett's Mill Wells Fargo
05/19 BB&T : honored for mobile banking functionality
05/19 BB&T ANNOUNCES 241 JOB CUTS IN NATIO : Layoffs In Boyertown, Allentown
05/18 4 OF 5 NATIONAL PENN BRANCHES TO CLO : Nearby Bb&T Locations Will Absorb Staff A..
05/18 BB&T : to consolidate three area branches
05/18 BB&T : plans to cut 15 percent of National Penn workforce in consolidation
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials