Appendix A: Disclosure Tables
These tables provide projections that represent hypothetical estimates involving an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and, where applicable, reflect any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections. The minimum capital ratios are for the period from the first quarter of 2019 to the first quarter of 2021 and do not necessarily occur in the same quarter.
Table 1.A. Bank of America Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.6 | 5.6 | |
| Tier 1 capital ratio | 13.2 | 7.1 | |
| Total capital ratio | 15.4 | 9.4 | |
| Tier 1 leverage ratio | 8.4 | 4.5 | |
| Supplementary leverage ratio | 6.8 | 3.7 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 1.B. Bank of America Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.6 | 7.9 | |
| Tier 1 capital ratio | 13.2 | 9.3 | |
| Total capital ratio | 15.4 | 11.3 | |
| Tier 1 leverage ratio | 8.4 | 5.9 | |
| Supplementary leverage ratio | 6.8 | 4.8 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 2.A. The Bank of New York Mellon Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 8.2 | |
| Tier 1 capital ratio | 14.1 | 10.5 | |
| Total capital ratio | 15.1 | 11.6 | |
| Tier 1 leverage ratio | 6.6 | 4.9 | |
| Supplementary leverage ratio | 6.0 | 4.5 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 2.B. The Bank of New York Mellon Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 9.1 | |
| Tier 1 capital ratio | 14.1 | 11.3 | |
| Total capital ratio | 15.1 | 12.3 | |
| Tier 1 leverage ratio | 6.6 | 5.3 | |
| Supplementary leverage ratio | 6.0 | 4.8 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 3.A. Barclays US LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 14.5 | 11.1 | |
| Tier 1 capital ratio | 17.6 | 14.0 | |
| Total capital ratio | 21.0 | 16.1 | |
| Tier 1 leverage ratio | 8.9 | 7.2 | |
| Supplementary leverage ratio | 7.3 | 5.9 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 3.B. Barclays US LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 14.5 | 13.0 | |
| Tier 1 capital ratio | 17.6 | 15.9 | |
| Total capital ratio | 21.0 | 18.3 | |
| Tier 1 leverage ratio | 8.9 | 8.2 | |
| Supplementary leverage ratio | 7.3 | 6.7 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 4.A. Capital One Financial Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.2 | 3.9 | 4.6 |
| Tier 1 capital ratio | 12.7 | 5.5 | 6.2 |
| Total capital ratio | 15.1 | 7.7 | 8.4 |
| Tier 1 leverage ratio | 10.7 | 4.8 | 5.4 |
| Supplementary leverage ratio | 9.0 | 4.0 | 4.6 |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 4.B. Capital One Financial Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.2 | 8.5 | 9.1 |
| Tier 1 capital ratio | 12.7 | 10.0 | 10.6 |
| Total capital ratio | 15.1 | 12.1 | 12.8 |
| Tier 1 leverage ratio | 10.7 | 8.8 | 9.3 |
| Supplementary leverage ratio | 9.0 | 7.4 | 7.9 |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 5.A. Citigroup Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.9 | 6.9 | |
| Tier 1 capital ratio | 13.5 | 8.4 | |
| Total capital ratio | 16.6 | 11.2 | |
| Tier 1 leverage ratio | 8.3 | 5.2 | |
| Supplementary leverage ratio | 6.4 | 4.0 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 5.B. Citigroup Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.9 | 9.5 | |
| Tier 1 capital ratio | 13.5 | 11.1 | |
| Total capital ratio | 16.6 | 13.5 | |
| Tier 1 leverage ratio | 8.3 | 6.9 | |
| Supplementary leverage ratio | 6.4 | 5.3 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 6.A. Credit Suisse Holdings (USA), Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 25.8 | 16.2 | |
| Tier 1 capital ratio | 26.5 | 17.0 | |
| Total capital ratio | 26.6 | 17.1 | |
| Tier 1 leverage ratio | 12.9 | 7.5 | |
| Supplementary leverage ratio | 11.3 | 6.5 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 6.B. Credit Suisse Holdings (USA), Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 25.8 | 19.1 | |
| Tier 1 capital ratio | 26.5 | 19.9 | |
| Total capital ratio | 26.6 | 20.0 | |
| Tier 1 leverage ratio | 12.9 | 8.9 | |
| Supplementary leverage ratio | 11.3 | 7.8 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 7.A. DB USA Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 22.9 | 14.8 | |
| Tier 1 capital ratio | 34.4 | 26.2 | |
| Total capital ratio | 34.4 | 26.6 | |
| Tier 1 leverage ratio | 9.2 | 6.9 | |
| Supplementary leverage ratio | 8.4 | 6.3 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 7.B. DB USA Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 22.9 | 17.6 | |
| Tier 1 capital ratio | 34.4 | 28.6 | |
| Total capital ratio | 34.4 | 28.8 | |
| Tier 1 leverage ratio | 9.2 | 7.7 | |
| Supplementary leverage ratio | 8.4 | 7.1 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 8.A. The Goldman Sachs Group, Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 13.3 | 6.7 | |
| Tier 1 capital ratio | 15.3 | 8.6 | |
| Total capital ratio | 18.0 | 11.5 | |
| Tier 1 leverage ratio | 8.9 | 5.0 | |
| Supplementary leverage ratio | 6.2 | 3.5 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 8.B. The Goldman Sachs Group, Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 13.3 | 10.5 | |
| Tier 1 capital ratio | 15.3 | 12.4 | |
| Total capital ratio | 18.0 | 14.8 | |
| Tier 1 leverage ratio | 8.9 | 7.2 | |
| Supplementary leverage ratio | 6.2 | 5.0 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 9.A. HSBC North America Holdings Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.6 | 6.8 | |
| Tier 1 capital ratio | 14.2 | 8.4 | |
| Total capital ratio | 18.0 | 11.7 | |
| Tier 1 leverage ratio | 7.5 | 4.3 | |
| Supplementary leverage ratio | 5.6 | 3.2 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 9.B. HSBC North America Holdings Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.6 | 9.3 | |
| Tier 1 capital ratio | 14.2 | 10.8 | |
| Total capital ratio | 18.0 | 13.7 | |
| Tier 1 leverage ratio | 7.5 | 5.6 | |
| Supplementary leverage ratio | 5.6 | 4.1 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 10.A. JPMorgan Chase & Co. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.0 | 4.4 | 4.6 |
| Tier 1 capital ratio | 13.7 | 6.3 | 6.8 |
| Total capital ratio | 15.5 | 8.3 | 8.7 |
| Tier 1 leverage ratio | 8.1 | 3.8 | 4.0 |
| Supplementary leverage ratio | 6.4 | 3.0 | 3.2 |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 10.B. JPMorgan Chase & Co. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.0 | 7.2 | 7.3 |
| Tier 1 capital ratio | 13.7 | 9.1 | 9.5 |
| Total capital ratio | 15.5 | 10.6 | 11.1 |
| Tier 1 leverage ratio | 8.1 | 5.4 | 5.7 |
| Supplementary leverage ratio | 6.4 | 4.3 | 4.5 |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 11.A. Morgan Stanley Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 16.9 | 7.7 | |
| Tier 1 capital ratio | 19.2 | 10.0 | |
| Total capital ratio | 21.8 | 12.5 | |
| Tier 1 leverage ratio | 8.4 | 4.4 | |
| Supplementary leverage ratio | 6.5 | 3.4 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 11.B. Morgan Stanley Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 16.9 | 11.2 | |
| Tier 1 capital ratio | 19.2 | 13.9 | |
| Total capital ratio | 21.8 | 15.9 | |
| Tier 1 leverage ratio | 8.4 | 6.0 | |
| Supplementary leverage ratio | 6.5 | 4.6 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 12.A. Northern Trust Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.9 | 9.0 | |
| Tier 1 capital ratio | 14.1 | 10.3 | |
| Total capital ratio | 16.1 | 12.3 | |
| Tier 1 leverage ratio | 8.0 | 5.8 | |
| Supplementary leverage ratio | 7.0 | 5.1 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 12.B. Northern Trust Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 12.9 | 9.5 | |
| Tier 1 capital ratio | 14.1 | 10.7 | |
| Total capital ratio | 16.1 | 12.6 | |
| Tier 1 leverage ratio | 8.0 | 6.1 | |
| Supplementary leverage ratio | 7.0 | 5.3 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 13.A. The PNC Financial Services Group, Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 9.6 | 5.8 | |
| Tier 1 capital ratio | 10.8 | 7.3 | |
| Total capital ratio | 13.0 | 9.6 | |
| Tier 1 leverage ratio | 9.4 | 6.3 | |
| Supplementary leverage ratio | 7.8 | 5.3 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 13.B. The PNC Financial Services Group, Inc. Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 9.6 | 7.6 | |
| Tier 1 capital ratio | 10.8 | 9.1 | |
| Total capital ratio | 13.0 | 11.0 | |
| Tier 1 leverage ratio | 9.4 | 7.9 | |
| Supplementary leverage ratio | 7.8 | 6.6 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 14.A. State Street Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 8.2 | |
| Tier 1 capital ratio | 15.5 | 11.8 | |
| Total capital ratio | 16.3 | 12.5 | |
| Tier 1 leverage ratio | 7.2 | 5.5 | |
| Supplementary leverage ratio | 6.3 | 4.8 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 14.B. State Street Corporation Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 8.9 | |
| Tier 1 capital ratio | 15.5 | 12.5 | |
| Total capital ratio | 16.3 | 13.1 | |
| Tier 1 leverage ratio | 7.2 | 5.8 | |
| Supplementary leverage ratio | 6.3 | 5.1 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 15.A. TD Group US Holdings LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 16.3 | 12.4 | |
| Tier 1 capital ratio | 16.3 | 12.4 | |
| Total capital ratio | 17.3 | 13.6 | |
| Tier 1 leverage ratio | 9.2 | 7.1 | |
| Supplementary leverage ratio | 8.3 | 6.4 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 15.B. TD Group US Holdings LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 16.3 | 14.4 | |
| Tier 1 capital ratio | 16.3 | 14.4 | |
| Total capital ratio | 17.3 | 15.5 | |
| Tier 1 leverage ratio | 9.2 | 8.3 | |
| Supplementary leverage ratio | 8.3 | 7.4 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 16.A. UBS Americas Holding LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 21.7 | 11.0 | |
| Tier 1 capital ratio | 25.7 | 16.6 | |
| Total capital ratio | 27.0 | 18.6 | |
| Tier 1 leverage ratio | 11.3 | 7.2 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms not subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013.
Table 16.B. UBS Americas Holding LLC Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 21.7 | 14.3 | |
| Tier 1 capital ratio | 25.7 | 19.8 | |
| Total capital ratio | 27.0 | 21.5 | |
| Tier 1 leverage ratio | 11.3 | 8.7 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms not subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013.
Table 17.A. U.S. Bancorp Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 9.1 | 6.5 | |
| Tier 1 capital ratio | 10.7 | 8.2 | |
| Total capital ratio | 12.6 | 10.4 | |
| Tier 1 leverage ratio | 9.0 | 7.0 | |
| Supplementary leverage ratio | 7.2 | 5.6 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 17.B. U.S. Bancorp Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 9.1 | 8.3 | |
| Tier 1 capital ratio | 10.7 | 10.0 | |
| Total capital ratio | 12.6 | 11.9 | |
| Tier 1 leverage ratio | 9.0 | 8.5 | |
| Supplementary leverage ratio | 7.2 | 6.8 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 18.A. Wells Fargo & Company Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Severely adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 7.0 | |
| Tier 1 capital ratio | 13.5 | 8.6 | |
| Total capital ratio | 16.6 | 11.7 | |
| Tier 1 leverage ratio | 9.1 | 5.8 | |
| Supplementary leverage ratio | 7.7 | 4.9 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.
Table 18.B. Wells Fargo & Company Actual and minimum projected regulatory capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1 Federal Reserve estimates: Adverse scenario
Actual 2018:Q4 and projected capital ratios through 2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Minimum stressed ratios | |
|---|---|---|---|
| Original planned capital actions | Adjusted planned capital actions | ||
| Common equity tier 1 capital ratio | 11.7 | 9.4 | |
| Tier 1 capital ratio | 13.5 | 11.0 | |
| Total capital ratio | 16.6 | 13.7 | |
| Tier 1 leverage ratio | 9.1 | 7.5 | |
| Supplementary leverage ratio | 7.7 | 6.3 | |
Note: These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. These estimates are not forecasts of capital ratios. The tables include the minimum ratios assuming the capital actions originally submitted in April 2019 by the firms in their annual capital plans and the minimum ratios incorporating any adjustments to capital distributions made by firms after reviewing the Federal Reserve's stress test projections and original planned capital distributions for those firms that did not make adjustments. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1 and do not necessarily occur in the same quarter.
Required minimum capital ratios for firms subject to the advanced approaches capital framework in CCAR 2019
Percent
| Regulatory ratio | Minimum ratio |
|---|---|
| Common equity tier 1 capital ratio | 4.5 |
| Tier 1 risk-based capital ratio | 6.0 |
| Total risk-based capital ratio | 8.0 |
| Tier 1 leverage ratio | 4.0 |
| Supplementary leverage ratio | 3.0 |
Note: All ratios are calculated in accordance with the transition arrangements provided in the Board's revised capital framework, issued in July 2013. Per amendments to the stress test and capital plan rules, the use of the advanced approaches risk-weighted asset calculations is indefinitely delayed.