Shares of First Niagara Financial Group ( FNFG) of Buffalo, N.Y., closed at $8.58 Friday, returning 1% year-to-date, after falling 35% during 2011. Based on a quarterly payout of eight cents, the shares have a dividend yield of 3.73%.
The second piece of the annual reviews determines how much banks can spend on dividends and stock buybacks.
The gulf between the Republican wish list on financial regulations and the legislative reality is large.
The possibility of legislative relief for regional banks came up at a hearing Thursday.