The Federal Reserve revised its stress test results for 15 U.S. banks a day after releasing its annual report card, producing a weaker outcome for Bank of America Corp., American Express and HSBC North America Holdings Inc.

Charlotte, N.C.-based Bank of America was already the worst performer among big U.S. banks, and Friday's revision dropped its Tier 1 common capital to 5.9% from 6%.

The Fed views 5% as a minimum level allowance.

Write to Dan Fitzpatrick at dan.fitzpatrick@wsj.com

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