BankAmerica Corp. is increasing and extending its stock repurchase program in an ongoing effort to manage excess capital.

The move underscores a flurry of buyback actions by banks and thrift institutions. Besides the San Francisco superregional, six other companies have enhanced their repurchase programs in the past week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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