NEW YORK (TheStreet) -- Shares of Bank of America  (BAC) - Get Report fell slightly, down 0.56% to $16.02, in morning trading Thursday after the bank's struggles with the Federal Reserve's stress test on Wednesday.

The Fed told the second-largest U.S. bank to rework its capital-planning process and resubmit the plan in the fall.

Bank of America was the only one of the six largest U.S. banks not to increase its dividend on Wednesday, and its dividend remains at 5 cents a share.

But the news was not all bad for Bank of America. The Fed gave conditional approval for the bank's plan to return capital to shareholders, and the bank subsequently announced a $4 billion share buyback program. Bank of America had canceled last year's program.

CEO Brian Moynihan said in a statement that buying back stock was "the best way to continue to drive value for our shareholders."

Separately, TheStreet Ratings team rates BANK OF AMERICA CORP as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate BANK OF AMERICA CORP (BAC) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• The gross profit margin for BANK OF AMERICA CORP is currently very high, coming in at 87.12%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 14.35% is above that of the industry average.
• BANK OF AMERICA CORP's earnings per share declined by 13.8% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, BANK OF AMERICA CORP reported lower earnings of $0.35 versus $0.91 in the prior year. This year, the market expects an improvement in earnings ($1.40 versus $0.35).
• BAC, with its decline in revenue, underperformed when compared the industry average of 3.0%. Since the same quarter one year prior, revenues fell by 13.0%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
• The change in net income from the same quarter one year ago has exceeded that of the Commercial Banks industry average, but is less than that of the S&P 500. The net income has decreased by 11.3% when compared to the same quarter one year ago, dropping from $3,439.00 million to $3,050.00 million.
• The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Commercial Banks industry and the overall market on the basis of return on equity, BANK OF AMERICA CORP underperformed against that of the industry average and is significantly less than that of the S&P 500.
• You can view the full analysis from the report here: BAC Ratings Report