Stress test results are in

One Midwest giant fared reasonably well in the much anticipated stress tests. Another with strong Midwest connections will require additional capital.

Minneapolis-based U.S. Bancorp has enough capital to weather “a hypothetical two-year scenario that involve[s] economic conditions more adverse than actually expected.” The company’s estimated worst-case loss would be $15.7 billion, according to the Wall Street Journal.

Wells Fargo requires another $13.7 billion in capital under the stress-test criteria. The bank expects to be able to raise that much through earnings, a common equity offering and other “internally-generated sources.” Estimated worst-case losses would be $86.1 billion.

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