Goldman Sachs Group rose 2.92% in after-hours trading, Wells Fargo rose 1.89%, Bank of America rose 1.36%, JP Morgan rose 0.48%, Morgan Stanley rose 0.40%, and Citigroup rose 0.38%. 
22 large U.S. banks passed the Federal Reserve's annual stress test, indicating that they can withstand a severe economic recession and laying the groundwork for increased buybacks and shareholder dividends. 
The test results showed that even under a hypothetical economic recession scenario, these banks could withstand losses exceeding $550 billion while maintaining a common equity tier 1 capital ratio above the minimum requirement of 4.5%

Goldman Sachs Group's U.S. stock rose 2.92% after hours, and other large banks also saw increases. 22 large U.S. banks passed the Federal Reserve's annual stress test, demonstrating their ability to withstand a severe economic recession, laying the groundwork for increased buybacks and shareholder dividends. The test results indicated that these banks could absorb losses exceeding $55 billion in a hypothetical economic recession scenario while maintaining a capital adequacy ratio above 4.5%

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Goldman Sachs

Bank of America

Wells Fargo

JPMorgan Chase

Morgan Stanley

Citigroup

Goldman Sachs rose more than 2.9% after hours, as major Wall Street banks passed the Federal Reserve's stress tests, laying the foundation for dividends