All 32 large US banks pass the Fed's 2026 stress test

The Federal Reserve said on June 24, 2026 that all 32 large banks passed its annual stress test under a severe recession scenario. The aggregate common equity Tier 1 ratio is projected to fall to 11.2% from 12.8%, a smaller decline than in recent years. Banks announced capital return plans after the results, and the test sets the backdrop for Goldman's own capital returns.

• All 32 banks in the test passed
• Aggregate CET1 ratio projected to fall to 11.2% from 12.8%
• JPMorgan raised its quarterly dividend to $1.65 and added a $50 billion buyback