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Major U.S. banks spent a record $33 billion on stock buybacks in the first quarter of 2026. Chris Kotowski said each bank's buyback came in 30%, 40%, or even 50% above Oppenheimer & Co.'s model.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Major U.S. banks spent a record $33 billion on stock buybacks in the first quarter of 2026. Chris Kotowski said each bank's buyback came in 30%, 40%, or even 50% above Oppenheimer & Co.'s model.

Major U.S. banks spent a record $33 billion on stock buybacks in the first quarter of 2026. Chris Kotowski said each bank's buyback came in 30%, 40%, or even 50% above Oppenheimer & Co.'s model.