wescobrk Posted January 30, 2014 Share Posted January 30, 2014 Anyone want to chime in on ccar results for bac, c and Jpm? Below is estimate from kbw. No idea how accurate this will be but might be in the ballpark. Here are the seven big banks where KBW expects to see increases of more than 50% in returns of capital to investors in 2014 (the second quarter of 2014 through the first quarter of 2015) from 2013 (the second quarter of 2013 through the first quarter of 2014): Citigroup (C_): Dividend payout of $594 million plus $7.686 billion in share buybacks, for a total 2014 capital return of $8.279 billion, increasing from just $121 million in 2013. Capital One Financial (COF_): Common-share dividend payout of $801 million plus $2.0 billion in share buybacks, for a total 2014 capital return of $2.801 billion, increasing 123% from $1.259 billion in 2013. Bank of America (BAC_): Common-share dividend payout of $2.599 billion plus $5.140 billion in share buybacks, for a total 2014 capital return of $7.739 billion, increasing 81% from $4.270 billion in 2013. Zions Bancorporation (ZION_) of Salt Lake City: Common-share dividend payout of $52 million, less a net issuance of $2 million in common shares, for a total 2014 capital return of $50 million, increasing 78% from $28 million in 2013. SunTrust STI of Atlanta: Common-share dividend payout of $318 million plus $569 million in share buybacks, for a total 2014 capital return of $878 million, increasing 74% from $504 million in 2013. Wells Fargo (WFC_): Common-share dividend payout of $6.816 billion plus $5.563 billion in share buybacks, for a total 2014 capital return of $12.379 billion, increasing 69% from $7.325 in 2013. BB&T. Common-share dividend payout of $724 million plus $462 million in share buybacks, for a total 2014 capital return of $1.186 billion, increasing 55% from $767 million in 2013. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted January 30, 2014 Share Posted January 30, 2014 Seems like they didn't spend much effort on this. Look at what they said for 2013 BoA -- $4.27 billion in 2013? Link to comment Share on other sites More sharing options...
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