Finance
Banks Hand $100 Billion to Shareholders, Most Since 2021
- Top executives expecting to offer more payouts this year
- Trump administration likely to bring wave of regulatory relief
This article is for subscribers only.
After years of hoarding capital amid fears that regulators would come knocking, Wall Street’s biggest banks paid out the most in three years to shareholders in the form of dividends and buybacks.
The six largest US banks delivered more than $100 billion to shareholders through dividends and share repurchases during the year, the most since 2021, according to data compiled by Bloomberg. That’s also the biggest proportion of profits the companies paid out to investors since before the Covid-19 pandemic.