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Expect gradual, but not outsized jumps in capital returns from the banks this year, says Goldman...

Expect gradual, but not outsized jumps in capital returns from the banks this year, says Goldman (stress tests results are due Thursday, capital return decisions due March 14). Management teams are likely to be conservative in their requests from the Fed as "taking a mulligan" - i.e., resubmitting a plan after being shot down - is not seen as a viable option.
Comments (6)
  • So were is the allocation going.Obviously.
    4 Mar 2013, 01:54 PM Reply Like
  • Sounds like Goldman is building positions for clients. They are trying to reduce volatility. A slow steady increase is the best way to encourage a steady investment flow.
    4 Mar 2013, 01:56 PM Reply Like
  • Time will tell. As far as BAC is concerned, I believe this year will be an increase in Dividend. Only an opinion based on the fact that I am long and this is what I want.....
    4 Mar 2013, 01:59 PM Reply Like
  • Like your honesty. We all have bias in one way or another.
    4 Mar 2013, 09:15 PM Reply Like
  • I'm long BAC and JPM, and would like to see dividend increases from both. I'd like to see BAC go to .05 or .10 per quarter, and JPM to .50 per quarter. I'd also like to see BAC try for some modest stock buybacks.
    4 Mar 2013, 05:39 PM Reply Like
  • I think buybacks are the way to go right now. Modest dividend increases aren't going to help long and upside-down investors much.
    5 Mar 2013, 05:37 AM Reply Like
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