The big banks: How much they've raised

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- During the month since the results of the big bank "stress tests," the nation's largest financial institutions have been rushing to raise needed capital.

In early May, the U.S. government announced that 10 of the 19 banks it reviewed would need to raise a total of $74.6 billion as a buffer against $599 billion in potential losses.

So far, so good. Many of the banks have been finding a receptive audience for stock and asset sales. In the table below, see which banks stand to lose the most if the economy weakens further, how much capital each was required to raise during the next six months -- and how much progress has been made.  To top of page

Bank Ticker Total assets Worst-case loss estimate Capital needed Capital raised
Bank of America BAC $1.6 trillion $136.6
billion
$33.9
billion
$30.3 billion*
Wells Fargo WFC $1.1 trillion $86.1
billion
$13.7
billion
$8.6 billion 
GMAC1 N/A $172.7 billion $9.2
billion
$11.5
billion
$3.5 billion
Citigroup C $996.2 billion $104.7
billion
$5.5
billion
$70 billion*
Regions Financial RF $116.3 billion $9.2
billion
$2.5
billion
$2.09 billion
SunTrust STI $162 billion $11.8
billion
$2.2
billion
$2.08 billion
Morgan Stanley MS $310.6 billion $19.7
billion
$1.8
billion
$8 billion
KeyCorp KEY $106.7 billion $6.7
billion
$1.8
billion
$1.3 billion
Fifth Third Bancorp FITB $112.6 billion $9.1
billion
$1.1
billion
$750 million*
PNC PNC $250.9 billion $18.8
billion
$600
million
$600 million
JPMorgan Chase JPM $1.3 trillion $97.4
billion
$0 $5 billion
Goldman Sachs GS $444.8 billion $17.8
billion
$0 $7.65 billion*
MetLife MET $326.4 billion $9.6
billion
$0 $0
U.S. Bancorp USB $230.6 billion $15.7
billion
$0 $2.4 billion
Bank of New York Mellon BK $115.8 billion $5.4
billion
$0 $1.2 billion
State Street STT $69.6 billion $8.2
billion
$0 $2.23 billion
Capital One Financial COF $131.8 billion $13.4
billion
$0 $1.55 billion
BB&T BBT $109.8 billion $8.7
billion
$0 $1.7 billion
American Express AXP $104.4 billion $11.2
billion
$0 $500 million
1GMAC is co-owned by General Motors and Cerberus Capital Management
*Capital raising plan still in progress
Features
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
More Galleries
5 ways retailers are tracking you If you think pesky salespeople are invading your personal space, check out these 5 technologies that are tracking your movements throughout a store. More
Moto X vs. Droid Turbo: Which Droid should you buy? Motorola has made the two best Android smartphones this year. Here's how they stack up. More
My part-time job is a dead end, but it's all I can find CNNMoney profiles 4 of America's 7 million part-time workers unable to find full-time jobs. More
Worry about the hackers you don't know 
Crime syndicates and government organizations pose a much greater cyber threat than renegade hacker groups like Anonymous. Play
GE CEO: Bringing jobs back to the U.S. 
Jeff Immelt says the U.S. is a cost competitive market for advanced manufacturing and that GE is bringing jobs back from Mexico. Play
Hamster wheel and wedgie-powered transit 
Red Bull Creation challenges hackers and engineers to invent new modes of transportation. Play

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.