The level of bank equity jumped dramatically in the third quarter, and a growing number of banks are trying to combat that buildup through boosting dividends or buying back stock.

The median level of tangible equity to assets for the top 50 banks jumped 32 basis points, to 7.31%, in the third quarter, according to J. Richard Fredericks, an analyst with Montgomery Securities in San Francisco.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.