JPMorgan Buyback: JPMorgan Chase on June 24 announced that its board of directors intends to increase the quarterly common stock dividend to $1.65 per share (up from the current $1.50 per share) for the third quarter of 2026. The move follows the Federal Reserve’s annual stress test, which found all major U.S. banks remained well-capitalised even under a severe recession scenario. CEO Jamie Dimon said the dividend hike reflects the bank’s strong performance and continued investment in growth.
In addition, the firm’s board of directors has authorised a new common share repurchase program of $50 billion, effective July 1, 2026. The authorisation to repurchase common shares will be used at management’s discretion, and the amount and timing of common share repurchases under the new authorisation will be subject to various factors.
Following the Federal Reserve’s announcement in February 2026, the firm’s current Stress Capital Buffer requirement of 2.5% will remain unchanged through September 30, 2027, with new requirements to be calculated in 2027 based on revised supervisory stress testing models that incorporate public feedback.
As a result, the firm’s current Standardized Common Equity Tier 1 capital ratio requirement including regulatory buffers continues to be 11.5%.
Jamie Dimon, Chairman and CEO of JPMorganChase said, “Our fortress balance sheet, with significant excess capital and robust liquidity, enables us to be a pillar of strength, allowing us to consistently serve our clients and communities. The current environment reflects an increasingly complex set of risks. As always, we are prepared for a wide range of scenarios, including the hypothetical 2026 supervisory severely adverse scenario.”
“The Board’s intended dividend increase is supported by our consistent investment in our business and strong financial performance. The new share repurchase program provides us with the flexibility to deploy capital in ways that enhance shareholder value over time,” Dimon added.
