Big banks pass stress tests; announce dividend hikes and share buybacks
After passing the Federal Reserve's stress tests, several U.S. big banks announced bigger dividends while bulking up share buyback plans.
The annual stress tests are the Fed’s assessment on whether banks have adequate capital to absorb losses during severe economic downturns. This year, all 18 of the biggest financial institutions tested by the Fed passed the tests, and won the Fed’s nod to boost payouts with the exception of the U.S. division of Credit Suisse.
After clearing this year’s tests, JPMorgan said that it will increase its third quarter dividend by 12.5% to 90 cents a share, and buyback up to $29.4 billion in shares over the next year (compared to last year’s $20.7 billion share repurchase program).
Goldman Sachs hiked its quarterly dividend by nearly 50% to $1.25 a share, and authorized a $7 billion stock repurchase program, up from $5 billion a year ago.
Citigroup boosted its dividend to 51 cents a share, up from 45 cents. It said that it can buyback $21.5 billion in stock.
Morgan Stanley increased its dividend to 35 cents a share from 30 cents, and can buy back $6 billion in stock.
Bank of America raised its dividend to 18 cents a share from 15 cents, and could repurchase up to $30.9 billion of shares.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
JPM in -2.36% downward trend, falling for three consecutive days on September 08, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where JPM declined for three days, in 152 of 263 cases, the price declined further within the following month. The odds of a continued downward trend are 58%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on JPM as a result. In 39 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 47%.
The Moving Average Convergence Divergence Histogram (MACD) for JPM turned negative on August 14, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In 19 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 43%.
JPM moved below its 50-day moving average on September 16, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for JPM crossed bearishly below the 50-day moving average on September 18, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 5 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 36%.
The Aroon Indicator for JPM entered a downward trend on September 21, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 41 of 54 cases where JPM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 76%.
Following a +0.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where JPM advanced for three days, in 220 of 366 cases, the price rose further within the following month. The odds of a continued upward trend are 60%.
JPM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 1 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 7 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 19, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating fairly steady price growth. JPM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 47 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 89 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: JPM's P/B Ratio (2.629) is slightly higher than the industry average of (1.887). P/E Ratio (14.982) is within average values for comparable stocks, (15.074). Projected Growth (PEG Ratio) (1.626) is also within normal values, averaging (2.075). JPM has a moderately low Dividend Yield (0.017) as compared to the industry average of (0.026). P/S Ratio (4.888) is also within normal values, averaging (3.867).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a major bank
Industry MajorBanks
Advertisement