Bank Of America DFAST Results

Hii sir, I Wants to get the Bank of America 2016 Dodd-Frank Act Annual Stress Test Results ?

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The 2016 Dodd-Frank Act Annual Stress Test Results Disclosure (the Stress Test Results) included herein has not been prepared under generally accepted accounting principles (GAAP). The Stress Test Results present certain projected financial measures for Bank of America Corporation


Supervisory Severely Adverse BAC Results

A $53.5B cumulative pre-tax loss is projected over the specified nine-quarter horizon under the Supervisory Severely Adverse scenario.

Significant items include loan and lease losses ($31.2B), incremental build in allowance for loan and lease losses

through provision expense ($10.0B), trading and counterparty losses ($21.9B), goodwill impairments ($7.6B,which is capital neutral) and other losses ($5.1B), partially offset by $22.5B of PPNR.

The hypothetical pre-tax losses in the scenario generate deferred tax assets (representing future deductions) that are generally disallowed for regulatory capital.

Risk-weighted assets decline primarily driven by a reduction in credit risk-weighted assets resulting from reduced loan demand consistent with the severely adverse macroeconomic conditions of the scenario.

Under B3S, the estimated lowest stress ratios over the nine-quarter horizon for Common Equity Tier 1 Capital, Tier 1 Capital, Total Capital and Tier 1 Leverage are 6.7%, 8.4%, 11.5% and 5.7%, respectively.

BAC maintains capital above required regulatory minimum ratios in the Supervisory Severely Adverse scenario.

The required regulatory minimum ratios for Common Equity Tier 1 Capital, Tier 1 Capital, Total Capital and Tier 1 Leverage are 4.5%, 6.0%, 8.0% and 4.0%, respectively

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Bank of America 2016 Dodd-Frank Act Annual Stress Test Results