Stress test passed: JPMorgan Chase, Goldman Sachs, and other large banks increase dividends and repurchase shares.

Several large banks in the United States have increased their dividends after passing this year's Federal Reserve stress test; in recent years, with regulatory agencies proposing new requirements, stress tests have become more relaxed. After the Federal Reserve's annual assessment results were announced, the largest lending institution in the United States, JPMorgan Chase, raised its quarterly dividend from $1.50 per share to $1.65, and Goldman Sachs increased its dividend from $4.50 to $5. JPMorgan Chase also approved a new $50 billion stock buyback plan, effective from July 1st. Wells Fargo's dividend has increased from 45 cents to 50 cents, and Morgan Stanley has also raised its dividend from $1 to $1.15. This Federal Reserve stress test, established after the 2008 financial crisis, shows that all monitored banks can maintain enough capital to withstand the economic downturn impact in the hypothetical scenario. The test typically determines how much proactive action banks can take when returning capital to shareholders through dividends and stock buybacks. Banks are required to evaluate the assumed crisis scenario and estimate potential losses based on their business portfolios.