On June 24, the Federal Reserve announced that all 32 major US banks passed its annual stress tests, proving they could survive a hypothetical severe global recession with 10% peak unemployment, a 33% real estate crash, and market turmoil.
The banks collectively could absorb more than $700 billion in losses while staying well above minimum capital requirements. JPMorgan Chase wasted no time, increasing its quarterly dividend to $1.65 per share beginning Q3 2026 and launching a new share buyback program. Stress capital buffer requirements remain unchanged until the 2027 tests; however, the models used to calculate them are slated for revision.
The tests evaluated only traditional banking risks and included no crypto‑specific scenarios.