1 Sector Standing Firm as the Dow Struggles: JPMorgan Chase & Co. (JPM), Travelers Companies Inc (TRV), Bank of America Corp (BAC)

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Bank of America Corp (NYSE:BAC) is hanging on with its fingernails, up just 0.17%. Like JPMorgan Chase & Co. (NYSE:JPM), B of A is waiting for tomorrow’s big announcement. The bank has been one of the most closely watched banks when it comes to the Fed’s stress tests, having proven that it can withstand even the harshest of blows. Bank of America Corp (NYSE:BAC) investors breathed a sigh of relief after last week’s first-round results were released. Its Tier 1 capital ratio improved 3% after last year’s tests, and the ratio didn’t crumple under the stressed scenarios as JPMorgan Chase & Co. (NYSE:JPM)’s did; it improved a healthy 1.1% over last year. If analysts are right, Bank of America Corp (NYSE:BAC) investors may see their penny-per-share dividend quadruple after tomorrow’s results are released.

The article 1 Sector Standing Firm as the Dow Struggles originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned, but you can contact her here. The Motley Fool owns shares of Bank of America, Citigroup Inc (NYSE:C) , and JPMorgan Chase & Co (NYSE:JPM).

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