Last week, the Federal Reserve reported that 17 of the nation's 18 largest banks passed this year's round of stress tests. Among those making the grade was Bank of America (NYSE:BAC). The question this week is whether the Fed will allow B of A to return more capital to shareholders by means of a higher dividend or share buyback program. In the video below, Motley Fool contributor John Maxfield discusses why he thinks the chances of this are good.
I write about banks, trying my best to balance the good and the bad.
- Mar 14, 2013 at 12:24PM