Appendix A: Additional Bank-Specific Results
Table A.1. Ally Financial Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 10.3 | 8.9 | 8.9 |
| Tier 1 capital ratio | 11.9 | 10.5 | 10.4 |
| Total capital ratio | 13.5 | 12.1 | 12.1 |
| Tier 1 leverage ratio | 9.7 | 8.5 | 8.4 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 7.8 | 6.4 |
| First-lien mortgages, domestic | 0.2 | 1.0 |
| Junior liens and HELOCs, 2domestic | 0.0 | 3.9 |
| Commercial and industrial3 | 2.2 | 8.8 |
| Commercial real estate, domestic | 0.2 | 4.3 |
| Credit cards | 0.1 | 5.3 |
| Other consumer 4 | 4.9 | 6.9 |
| Other loans5 | 0.4 | 11.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 146.4 | 145.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 6.0 | 3.3 |
| equals | ||
| Net interest income | 10.7 | 5.9 |
| Noninterest income | 7.3 | 4.0 |
| less | ||
| Noninterest expense2 | 11.9 | 6.6 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 7.3 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.5 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.1 | |
| equals | ||
| Net income before taxes | -1.9 | -1.0 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.2. American Express Company Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 10.5 | 12.5 | 9.9 |
| Tier 1 capital ratio | 11.5 | 13.5 | 10.9 |
| Total capital ratio | 12.9 | 14.9 | 12.3 |
| Tier 1 leverage ratio | 10.5 | 12.2 | 9.8 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 14.0 | 9.6 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, 2domestic | 0.0 | 4.0 |
| Commercial and industrial 3 | 5.5 | 11.3 |
| Commercial real estate, domestic | 0.0 | 0.0 |
| Credit cards | 8.1 | 8.7 |
| Other consumer 4 | 0.3 | 13.7 |
| Other loans5 | 0.1 | 4.7 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 166.5 | 167.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 20.4 | 10.8 |
| equals | ||
| Net interest income | 18.0 | 9.5 |
| Noninterest income | 69.3 | 36.7 |
| less | ||
| Noninterest expense2 | 66.9 | 35.5 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 15.2 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | 5.1 | 2.7 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -2.9 | -2.9 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.3. Bank of America Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 10.6 | 7.8 | 7.6 |
| Tier 1 capital ratio | 12.1 | 9.4 | 9.2 |
| Total capital ratio | 14.1 | 11.5 | 11.4 |
| Tier 1 leverage ratio | 6.4 | 4.9 | 4.8 |
| Supplementary leverage ratio | 5.5 | 4.2 | 4.1 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 52.5 | 5.2 |
| First-lien mortgages, domestic | 2.4 | 1.1 |
| Junior liens and HELOCs,2domestic | 0.9 | 3.3 |
| Commercial and industrial3 | 17.4 | 6.3 |
| Commercial real estate, domestic | 8.4 | 11.2 |
| Credit cards | 12.8 | 15.8 |
| Other consumer 4 | 1.8 | 2.0 |
| Other loans 5 | 8.8 | 3.7 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,617.8 | 1,597.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 28.3 | 0.9 |
| equals | ||
| Net interest income | 102.0 | 3.2 |
| Noninterest income | 90.1 | 2.8 |
| less | ||
| Noninterest expense 2 | 163.8 | 5.2 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 53.5 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.2 | |
| Trading and counterparty losses 5 | 12.9 | |
| Other losses/gains 6 | 5.3 | |
| equals | ||
| Net income before taxes | -43.7 | -1.4 |
| Memo items | ||
| Other comprehensive income 7 | 0.1 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -3.2 | -3.1 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.4. The Bank of New York Mellon Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.2 | 12.9 | 9.5 |
| Tier 1 capital ratio | 14.0 | 15.7 | 12.4 |
| Total capital ratio | 14.9 | 16.7 | 13.3 |
| Tier 1 leverage ratio | 5.5 | 6.1 | 4.8 |
| Supplementary leverage ratio | 6.6 | 7.4 | 5.8 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 1.5 | 2.2 |
| First-lien mortgages, domestic | 0.1 | 1.2 |
| Junior liens and HELOCs, 2domestic | 0.0 | 8.7 |
| Commercial and industrial 3 | 0.1 | 4.3 |
| Commercial real estate, domestic | 0.4 | 8.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 4 | 0.0 | 0.6 |
| Other loans 5 | 0.8 | 1.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 167.6 | 167.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 9.4 | 2.1 |
| equals | ||
| Net interest income | 6.8 | 1.5 |
| Noninterest income | 29.1 | 6.5 |
| less | ||
| Noninterest expense 2 | 26.5 | 6.0 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 1.7 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.2 | |
| Trading and counterparty losses 5 | 2.9 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | 4.6 | 1.0 |
| Memo items | ||
| Other comprehensive income7 | -0.4 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -2.2 | -2.6 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.5. Barclays US LLC Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 15.4 | 14.8 | 12.1 |
| Tier 1 capital ratio | 17.0 | 16.4 | 13.7 |
| Total capital ratio | 18.7 | 18.2 | 15.8 |
| Tier 1 leverage ratio | 9.0 | 8.7 | 7.2 |
| Supplementary leverage ratio | 7.3 | 7.1 | 5.8 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 3.5 | 8.1 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs,2domestic | 0.0 | 0.0 |
| Commercial and industrial 3 | 0.0 | 19.5 |
| Commercial real estate, domestic | 0.0 | 7.8 |
| Credit cards | 3.3 | 15.2 |
| Other consumer4 | 0.0 | 13.8 |
| Other loans 5 | 0.2 | 0.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 100.3 | 100.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 6.0 | 3.7 |
| equals | ||
| Net interest income | 5.5 | 3.4 |
| Noninterest income | 15.4 | 9.6 |
| less | ||
| Noninterest expense2 | 14.9 | 9.3 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 2.9 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses5 | 2.7 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | 0.4 | 0.2 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.6. BMO Financial Corp. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.5 | 10.1 | 10.1 |
| Tier 1 capital ratio | 14.5 | 11.2 | 11.2 |
| Total capital ratio | 16.2 | 13.3 | 13.3 |
| Tier 1 leverage ratio | 9.8 | 7.5 | 7.5 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 6.2 | 7.0 |
| First-lien mortgages, domestic | 0.1 | 1.1 |
| Junior liens and HELOCs, 2domestic | 0.1 | 3.7 |
| Commercial and industrial3 | 2.5 | 7.5 |
| Commercial real estate, domestic | 1.2 | 10.7 |
| Credit cards | 0.1 | 15.2 |
| Other consumer 4 | 0.4 | 4.5 |
| Other loans5 | 1.9 | 7.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 133.0 | 133.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 2.9 | 1.5 |
| equals | ||
| Net interest income | 7.7 | 4.0 |
| Noninterest income | 4.3 | 2.2 |
| less | ||
| Noninterest expense2 | 9.1 | 4.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 7.0 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | -4.1 | -2.1 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.7. BNP Paribas USA, Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.9 | 9.7 | 9.7 |
| Tier 1 capital ratio | 14.0 | 9.7 | 9.7 |
| Total capital ratio | 16.1 | 12.3 | 12.3 |
| Tier 1 leverage ratio | 8.6 | 6.0 | 6.0 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 4.8 | 7.4 |
| First-lien mortgages, domestic | 0.1 | 1.6 |
| Junior liens and HELOCs, 2domestic | 0.1 | 3.3 |
| Commercial and industrial3 | 1.4 | 10.6 |
| Commercial real estate, domestic | 1.5 | 9.6 |
| Credit cards | 0.0 | 16.8 |
| Other consumer 4 | 1.4 | 10.3 |
| Other loans5 | 0.3 | 2.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 94.0 | 93.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 1.3 | 0.8 |
| equals | ||
| Net interest income | 5.5 | 3.5 |
| Noninterest income | 4.6 | 3.0 |
| less | ||
| Noninterest expense 2 | 8.8 | 5.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 5.5 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | -4.2 | -2.7 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.8. Capital One Financial Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.1 | 10.4 | 10.2 |
| Tier 1 capital ratio | 14.5 | 11.8 | 11.7 |
| Total capital ratio | 16.9 | 14.2 | 14.0 |
| Tier 1 leverage ratio | 11.6 | 9.5 | 9.3 |
| Supplementary leverage ratio | 9.9 | 8.1 | 7.9 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 36.8 | 13.3 |
| First-lien mortgages, domestic | 0.0 | 1.7 |
| Junior liens and HELOCs,2domestic | 0.0 | 7.4 |
| Commercial and industrial3 | 4.4 | 10.9 |
| Commercial real estate, domestic | 2.6 | 8.5 |
| Credit cards | 21.5 | 20.4 |
| Other consumer 4 | 6.9 | 9.1 |
| Other loans5 | 1.3 | 5.4 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 332.7 | 332.8 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 29.1 | 6.7 |
| equals | ||
| Net interest income | 55.2 | 12.8 |
| Noninterest income | 11.9 | 2.8 |
| less | ||
| Noninterest expense2 | 38.0 | 8.8 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 36.4 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.1 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains 6 | 0.5 | |
| equals | ||
| Net income before taxes | -7.9 | -1.8 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.9. The Charles Schwab Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 19.7 | 22.9 | 20.2 |
| Tier 1 capital ratio | 26.7 | 29.9 | 27.2 |
| Total capital ratio | 26.7 | 30.2 | 27.3 |
| Tier 1 leverage ratio | 6.2 | 7.0 | 6.3 |
| Supplementary leverage ratio | 6.2 | 6.9 | 6.3 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 1.2 | 1.0 |
| First-lien mortgages, domestic | 0.2 | 0.8 |
| Junior liens and HELOCs,2domestic | 0.0 | 5.9 |
| Commercial and industrial 3 | 0.2 | 11.4 |
| Commercial real estate, domestic | 0.0 | 0.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 4 | 0.0 | 0.6 |
| Other loans5 | 0.7 | 0.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 142.0 | 142.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 8.7 | 1.3 |
| equals | ||
| Net interest income | 14.4 | 2.2 |
| Noninterest income | 21.5 | 3.2 |
| less | ||
| Noninterest expense2 | 27.2 | 4.1 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 1.6 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | 7.1 | 1.1 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.10. Citigroup Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.2 | 9.5 | 8.6 |
| Tier 1 capital ratio | 13.9 | 11.2 | 10.3 |
| Total capital ratio | 16.7 | 13.8 | 13.2 |
| Tier 1 leverage ratio | 7.2 | 5.7 | 5.2 |
| Supplementary leverage ratio | 5.7 | 4.5 | 4.1 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 43.3 | 6.4 |
| First-lien mortgages, domestic | 1.7 | 2.1 |
| Junior liens and HELOCs,2domestic | 0.8 | 12.0 |
| Commercial and industrial3 | 7.8 | 5.0 |
| Commercial real estate, domestic | 2.5 | 10.7 |
| Credit cards | 21.4 | 14.7 |
| Other consumer4 | 2.1 | 9.4 |
| Other loans 5 | 6.9 | 2.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,219.2 | 1,189.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 28.2 | 1.2 |
| equals | ||
| Net interest income | 101.7 | 4.4 |
| Noninterest income | 45.0 | 2.0 |
| less | ||
| Noninterest expense 2 | 118.5 | 5.2 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 37.5 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.7 | |
| Trading and counterparty losses5 | 13.6 | |
| Other losses/gains 6 | 3.3 | |
| equals | ||
| Net income before taxes | -26.9 | -1.2 |
| Memo items | ||
| Other comprehensive income7 | 2.1 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -38.9 | -36.8 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.11. Citizens Financial Group, Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.9 | 6.9 | 6.9 |
| Tier 1 capital ratio | 11.1 | 8.1 | 8.1 |
| Total capital ratio | 12.7 | 10.1 | 10.1 |
| Tier 1 leverage ratio | 9.7 | 7.1 | 7.1 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 8.8 | 6.9 |
| First-lien mortgages, domestic | 0.5 | 2.0 |
| Junior liens and HELOCs, 2domestic | 0.5 | 4.3 |
| Commercial and industrial 3 | 2.6 | 6.6 |
| Commercial real estate, domestic | 2.4 | 14.2 |
| Credit cards | 0.3 | 18.3 |
| Other consumer4 | 2.2 | 7.2 |
| Other loans 5 | 0.3 | 6.4 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 158.8 | 158.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 5.2 | 2.7 |
| equals | ||
| Net interest income | 10.2 | 5.4 |
| Noninterest income | 4.7 | 2.5 |
| less | ||
| Noninterest expense 2 | 9.7 | 5.2 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 9.6 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.1 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.2 | |
| equals | ||
| Net income before taxes | -4.7 | -2.5 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.12. Credit Suisse Holdings (USA), Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 27.6 | 27.5 | 20.1 |
| Tier 1 capital ratio | 28.4 | 28.5 | 21.1 |
| Total capital ratio | 28.6 | 28.5 | 21.1 |
| Tier 1 leverage ratio | 15.3 | 14.6 | 10.6 |
| Supplementary leverage ratio | 13.7 | 13.1 | 9.5 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.1 | 1.4 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs,2domestic | 0.0 | 0.0 |
| Commercial and industrial3 | 0.0 | 7.3 |
| Commercial real estate, domestic | 0.0 | 9.9 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 4 | 0.0 | 13.8 |
| Other loans 5 | 0.0 | 1.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 58.9 | 55.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 4.9 | 4.8 |
| equals | ||
| Net interest income | -0.7 | -0.6 |
| Noninterest income | 15.9 | 15.4 |
| less | ||
| Noninterest expense 2 | 10.3 | 10.0 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 0.0 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses 5 | 4.1 | |
| Other losses/gains6 | 0.2 | |
| equals | ||
| Net income before taxes | 0.6 | 0.6 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.13. DB USA Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 ,2 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 26.7 | 25.2 | 22.8 |
| Tier 1 capital ratio | 34.7 | 33.7 | 31.3 |
| Total capital ratio | 34.7 | 34.0 | 32.0 |
| Tier 1 leverage ratio | 10.0 | 9.2 | 8.5 |
| Supplementary leverage ratio | 9.1 | 8.4 | 7.8 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
2. DWS USA Corporation, the second U.S. intermediate holding company subsidiary of Deutsche Bank AG, was subject to the 2022 stress test and maintained capital above each minimum regulatory capital ratio on a post-stress basis. DWS USA Corporation had about $2 billion in assets as of the end of the fourth quarter of 2021. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.7 | 5.5 |
| First-lien mortgages, domestic | 0.0 | 1.4 |
| Junior liens and HELOCs,2domestic | 0.0 | 6.6 |
| Commercial and industrial3 | 0.1 | 2.7 |
| Commercial real estate, domestic | 0.5 | 13.5 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 4 | 0.0 | 2.6 |
| Other loans5 | 0.1 | 2.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 39.2 | 37.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 2.2 | 1.8 |
| equals | ||
| Net interest income | 0.7 | 0.6 |
| Noninterest income | 12.5 | 10.3 |
| less | ||
| Noninterest expense 2 | 11.0 | 9.1 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 0.8 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.1 | |
| Trading and counterparty losses 5 | 1.1 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | 0.2 | 0.2 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -0.2 | -0.2 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.14. Discover Financial Services Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.8 | 15.7 | 13.7 |
| Tier 1 capital ratio | 15.8 | 16.8 | 14.8 |
| Total capital ratio | 17.6 | 18.6 | 16.7 |
| Tier 1 leverage ratio | 13.9 | 15.1 | 12.9 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 15.3 | 16.3 |
| First-lien mortgages, domestic | 0.0 | 1.7 |
| Junior liens and HELOCs,2domestic | 0.2 | 10.1 |
| Commercial and industrial3 | 0.0 | 17.3 |
| Commercial real estate, domestic | 0.0 | 0.0 |
| Credit cards | 13.3 | 17.9 |
| Other consumer4 | 1.7 | 10.3 |
| Other loans5 | 0.0 | 6.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 97.2 | 97.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 15.2 | 13.8 |
| equals | ||
| Net interest income | 22.3 | 20.3 |
| Noninterest income | 3.4 | 3.1 |
| less | ||
| Noninterest expense 2 | 10.5 | 9.6 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 13.1 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.2 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | 1.9 | 1.8 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.15. Fifth Third Bancorp Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.5 | 7.6 | 7.6 |
| Tier 1 capital ratio | 10.9 | 9.0 | 9.0 |
| Total capital ratio | 13.4 | 11.9 | 11.9 |
| Tier 1 leverage ratio | 8.3 | 6.8 | 6.8 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 8.0 | 7.2 |
| First-lien mortgages, domestic | 0.3 | 1.8 |
| Junior liens and HELOCs,2domestic | 0.2 | 3.9 |
| Commercial and industrial 3 | 4.0 | 8.6 |
| Commercial real estate, domestic | 1.9 | 13.1 |
| Credit cards | 0.4 | 20.7 |
| Other consumer 4 | 0.9 | 4.4 |
| Other loans 5 | 0.4 | 5.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 154.9 | 154.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 5.5 | 2.6 |
| equals | ||
| Net interest income | 10.2 | 4.8 |
| Noninterest income | 6.9 | 3.3 |
| less | ||
| Noninterest expense2 | 11.6 | 5.5 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 8.0 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.1 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains6 | 0.1 | |
| equals | ||
| Net income before taxes | -2.7 | -1.3 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.16. The Goldman Sachs Group, Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.2 | 12.2 | 8.4 |
| Tier 1 capital ratio | 15.8 | 13.8 | 10.0 |
| Total capital ratio | 17.9 | 16.1 | 12.6 |
| Tier 1 leverage ratio | 7.3 | 6.4 | 4.6 |
| Supplementary leverage ratio | 5.6 | 4.9 | 3.5 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 18.3 | 8.5 |
| First-lien mortgages, domestic | 0.1 | 1.8 |
| Junior liens and HELOCs,2domestic | 0.0 | 4.0 |
| Commercial and industrial3 | 6.7 | 18.3 |
| Commercial real estate, domestic | 1.9 | 19.7 |
| Credit cards | 1.8 | 22.1 |
| Other consumer 4 | 0.7 | 6.4 |
| Other loans5 | 7.1 | 4.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 676.9 | 675.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 34.9 | 2.4 |
| equals | ||
| Net interest income | 22.3 | 1.5 |
| Noninterest income | 93.2 | 6.4 |
| less | ||
| Noninterest expense2 | 80.6 | 5.5 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 18.9 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses5 | 20.9 | |
| Other losses/gains6 | 7.8 | |
| equals | ||
| Net income before taxes | -12.7 | -0.9 |
| Memo items | ||
| Other comprehensive income 7 | 0.7 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -2.1 | -1.3 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.17. HSBC North America Holdings Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.1 | 7.7 | 7.7 |
| Tier 1 capital ratio | 15.8 | 9.5 | 9.5 |
| Total capital ratio | 18.8 | 12.9 | 12.9 |
| Tier 1 leverage ratio | 7.0 | 4.0 | 4.0 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 4.3 | 8.1 |
| First-lien mortgages, domestic | 0.5 | 3.0 |
| Junior liens and HELOCs, 2domestic | 0.1 | 17.5 |
| Commercial and industrial3 | 1.8 | 8.5 |
| Commercial real estate, domestic | 1.2 | 16.1 |
| Credit cards | 0.0 | 16.8 |
| Other consumer 4 | 0.0 | 3.7 |
| Other loans5 | 0.8 | 8.7 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 107.1 | 102.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | -0.1 | 0.0 |
| equals | ||
| Net interest income | 4.6 | 1.9 |
| Noninterest income | 4.8 | 2.0 |
| less | ||
| Noninterest expense2 | 9.5 | 4.0 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 4.7 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.1 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.8 | |
| equals | ||
| Net income before taxes | -5.6 | -2.3 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -0.1 | -0.1 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.18. Huntington Bancshares Incorporated Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.3 | 6.8 | 6.8 |
| Tier 1 capital ratio | 11.0 | 8.5 | 8.5 |
| Total capital ratio | 13.1 | 10.9 | 10.9 |
| Tier 1 leverage ratio | 8.6 | 6.6 | 6.6 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 7.0 | 6.3 |
| First-lien mortgages, domestic | 0.4 | 2.0 |
| Junior liens and HELOCs, 2domestic | 0.3 | 3.4 |
| Commercial and industrial3 | 2.0 | 6.5 |
| Commercial real estate, domestic | 2.4 | 12.5 |
| Credit cards | 0.1 | 16.8 |
| Other consumer4 | 1.3 | 6.3 |
| Other loans5 | 0.4 | 4.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 131.3 | 130.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 3.8 | 2.2 |
| equals | ||
| Net interest income | 10.5 | 6.0 |
| Noninterest income | 4.5 | 2.6 |
| less | ||
| Noninterest expense2 | 11.2 | 6.4 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 6.8 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.1 | |
| equals | ||
| Net income before taxes | -3.1 | -1.8 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.19. JPMorgan Chase & Co. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.1 | 10.6 | 9.8 |
| Tier 1 capital ratio | 15.0 | 12.6 | 11.8 |
| Total capital ratio | 16.8 | 14.5 | 13.9 |
| Tier 1 leverage ratio | 6.5 | 5.4 | 5.0 |
| Supplementary leverage ratio | 5.4 | 4.4 | 4.1 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 64.2 | 6.0 |
| First-lien mortgages, domestic | 2.6 | 1.2 |
| Junior liens and HELOCs,2domestic | 0.5 | 2.5 |
| Commercial and industrial3 | 18.3 | 11.1 |
| Commercial real estate, domestic | 4.5 | 3.9 |
| Credit cards | 20.4 | 14.8 |
| Other consumer 4 | 2.6 | 3.2 |
| Other loans5 | 15.3 | 4.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,638.9 | 1,611.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 53.4 | 1.4 |
| equals | ||
| Net interest income | 119.6 | 3.2 |
| Noninterest income | 124.9 | 3.3 |
| less | ||
| Noninterest expense2 | 191.0 | 5.1 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 64.5 | |
| Credit losses on investment securities (AFS/HTM) 4 | 1.2 | |
| Trading and counterparty losses5 | 16.1 | |
| Other losses/gains 6 | 12.5 | |
| equals | ||
| Net income before taxes | -40.9 | -1.1 |
| Memo items | ||
| Other comprehensive income7 | 0.8 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.2 | 1.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.20. KeyCorp Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.5 | 7.7 | 7.6 |
| Tier 1 capital ratio | 10.8 | 9.0 | 8.9 |
| Total capital ratio | 12.5 | 11.2 | 11.1 |
| Tier 1 leverage ratio | 8.5 | 7.1 | 7.0 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 6.4 | 6.4 |
| First-lien mortgages, domestic | 0.4 | 2.2 |
| Junior liens and HELOCs, 2domestic | 0.2 | 4.8 |
| Commercial and industrial 3 | 3.1 | 8.0 |
| Commercial real estate, domestic | 1.3 | 8.2 |
| Credit cards | 0.2 | 16.8 |
| Other consumer4 | 0.7 | 10.9 |
| Other loans5 | 0.5 | 3.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 144.4 | 144.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 5.1 | 2.7 |
| equals | ||
| Net interest income | 9.1 | 4.9 |
| Noninterest income | 6.7 | 3.6 |
| less | ||
| Noninterest expense2 | 10.7 | 5.8 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 6.9 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains6 | 0.5 | |
| equals | ||
| Net income before taxes | -2.4 | -1.3 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.21. M&T Bank Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.4 | 7.3 | 7.3 |
| Tier 1 capital ratio | 13.1 | 9.0 | 9.0 |
| Total capital ratio | 15.3 | 11.3 | 11.3 |
| Tier 1 leverage ratio | 8.9 | 6.1 | 6.1 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 7.6 | 8.3 |
| First-lien mortgages, domestic | 0.4 | 2.6 |
| Junior liens and HELOCs,2domestic | 0.2 | 4.2 |
| Commercial and industrial 3 | 1.2 | 7.3 |
| Commercial real estate, domestic | 4.1 | 11.7 |
| Credit cards | 0.1 | 16.8 |
| Other consumer 4 | 1.1 | 7.7 |
| Other loans 5 | 0.6 | 10.3 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 103.7 | 102.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 3.8 | 2.4 |
| equals | ||
| Net interest income | 7.7 | 5.0 |
| Noninterest income | 4.8 | 3.1 |
| less | ||
| Noninterest expense 2 | 8.7 | 5.6 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 7.8 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.1 | |
| equals | ||
| Net income before taxes | -4.2 | -2.7 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.22. Morgan Stanley Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.0 | 14.7 | 11.4 |
| Tier 1 capital ratio | 17.7 | 16.3 | 13.1 |
| Total capital ratio | 19.7 | 18.6 | 15.4 |
| Tier 1 leverage ratio | 7.1 | 6.6 | 5.2 |
| Supplementary leverage ratio | 5.6 | 5.2 | 4.1 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 10.0 | 4.1 |
| First-lien mortgages, domestic | 0.6 | 1.4 |
| Junior liens and HELOCs,2domestic | 0.0 | 4.0 |
| Commercial and industrial 3 | 1.3 | 11.5 |
| Commercial real estate, domestic | 2.7 | 21.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 4 | 0.3 | 1.0 |
| Other loans5 | 5.1 | 3.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 471.9 | 470.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 23.6 | 2.0 |
| equals | ||
| Net interest income | 22.9 | 1.9 |
| Noninterest income | 96.4 | 8.1 |
| less | ||
| Noninterest expense2 | 95.7 | 8.1 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 11.5 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.1 | |
| Trading and counterparty losses 5 | 10.6 | |
| Other losses/gains 6 | 7.6 | |
| equals | ||
| Net income before taxes | -6.2 | -0.5 |
| Memo items | ||
| Other comprehensive income 7 | 0.8 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -3.1 | -2.3 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.23. Northern Trust Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.9 | 11.8 | 10.8 |
| Tier 1 capital ratio | 12.9 | 12.8 | 11.8 |
| Total capital ratio | 14.1 | 14.5 | 13.4 |
| Tier 1 leverage ratio | 6.9 | 6.9 | 6.4 |
| Supplementary leverage ratio | 8.2 | 8.1 | 7.5 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 2.7 | 6.8 |
| First-lien mortgages, domestic | 0.1 | 1.2 |
| Junior liens and HELOCs, 2domestic | 0.0 | 5.9 |
| Commercial and industrial3 | 0.4 | 8.2 |
| Commercial real estate, domestic | 0.5 | 9.1 |
| Credit cards | 0.0 | 0.0 |
| Other consumer4 | 0.1 | 13.8 |
| Other loans 5 | 1.7 | 7.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 86.3 | 86.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 3.7 | 2.0 |
| equals | ||
| Net interest income | 3.5 | 1.9 |
| Noninterest income | 11.7 | 6.3 |
| less | ||
| Noninterest expense 2 | 11.4 | 6.2 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 3.3 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.2 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | 0.3 | 0.1 |
| Memo items | ||
| Other comprehensive income 7 | -0.1 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | -0.2 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.24. The PNC Financial Services Group, Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 10.3 | 8.1 | 8.1 |
| Tier 1 capital ratio | 11.6 | 9.4 | 9.4 |
| Total capital ratio | 13.5 | 11.3 | 11.3 |
| Tier 1 leverage ratio | 8.2 | 6.6 | 6.6 |
| Supplementary leverage ratio | 7.0 | 5.6 | 5.6 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 17.9 | 6.3 |
| First-lien mortgages, domestic | 0.5 | 1.1 |
| Junior liens and HELOCs,2domestic | 0.3 | 1.9 |
| Commercial and industrial 3 | 8.1 | 7.8 |
| Commercial real estate, domestic | 5.1 | 11.2 |
| Credit cards | 1.1 | 19.3 |
| Other consumer4 | 1.1 | 4.5 |
| Other loans5 | 1.6 | 3.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 388.8 | 386.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 9.9 | 1.8 |
| equals | ||
| Net interest income | 24.1 | 4.3 |
| Noninterest income | 17.5 | 3.1 |
| less | ||
| Noninterest expense 2 | 31.8 | 5.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 17.2 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.2 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.6 | |
| equals | ||
| Net income before taxes | -8.1 | -1.5 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.25. RBC US Group Holdings LLC Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.0 | 10.6 | 10.6 |
| Tier 1 capital ratio | 14.0 | 10.6 | 10.6 |
| Total capital ratio | 14.5 | 11.8 | 11.8 |
| Tier 1 leverage ratio | 9.1 | 6.8 | 6.8 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 4.5 | 6.5 |
| First-lien mortgages, domestic | 0.4 | 2.0 |
| Junior liens and HELOCs, 2domestic | 0.0 | 3.6 |
| Commercial and industrial3 | 1.1 | 11.5 |
| Commercial real estate, domestic | 1.7 | 9.3 |
| Credit cards | 0.0 | 16.8 |
| Other consumer 4 | 0.3 | 13.3 |
| Other loans5 | 0.9 | 5.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 110.1 | 108.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 2.4 | 1.4 |
| equals | ||
| Net interest income | 5.0 | 2.9 |
| Noninterest income | 15.2 | 8.7 |
| less | ||
| Noninterest expense 2 | 17.8 | 10.2 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 5.3 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.4 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.0 | |
| equals | ||
| Net income before taxes | -3.3 | -1.9 |
| Memo items | ||
| Other comprehensive income 7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.26. Regions Financial Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.6 | 7.8 | 7.8 |
| Tier 1 capital ratio | 11.0 | 9.3 | 9.3 |
| Total capital ratio | 12.7 | 11.4 | 11.4 |
| Tier 1 leverage ratio | 8.1 | 6.8 | 6.8 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 6.0 | 6.9 |
| First-lien mortgages, domestic | 0.3 | 1.5 |
| Junior liens and HELOCs,2domestic | 0.2 | 4.1 |
| Commercial and industrial 3 | 2.3 | 8.4 |
| Commercial real estate, domestic | 1.5 | 10.7 |
| Credit cards | 0.2 | 14.7 |
| Other consumer 4 | 1.1 | 15.8 |
| Other loans 5 | 0.5 | 3.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 113.3 | 112.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 4.7 | 2.8 |
| equals | ||
| Net interest income | 8.2 | 5.0 |
| Noninterest income | 5.8 | 3.5 |
| less | ||
| Noninterest expense2 | 9.4 | 5.7 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 6.4 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.1 | |
| equals | ||
| Net income before taxes | -1.8 | -1.1 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.27. Santander Holdings USA, Inc. Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 18.8 | 18.9 | 18.7 |
| Tier 1 capital ratio | 20.7 | 20.8 | 20.6 |
| Total capital ratio | 22.7 | 22.7 | 22.5 |
| Tier 1 leverage ratio | 15.0 | 15.3 | 14.9 |
| Supplementary leverage ratio | n/a | n/a | n/a |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 8.8 | 9.6 |
| First-lien mortgages, domestic | 0.1 | 2.2 |
| Junior liens and HELOCs,2domestic | 0.1 | 3.8 |
| Commercial and industrial 3 | 0.7 | 5.0 |
| Commercial real estate, domestic | 1.1 | 7.7 |
| Credit cards | 0.0 | 16.8 |
| Other consumer 4 | 6.5 | 14.5 |
| Other loans 5 | 0.2 | 2.3 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 111.8 | 112.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 7.3 | 4.6 |
| equals | ||
| Net interest income | 13.7 | 8.6 |
| Noninterest income | 9.6 | 6.0 |
| less | ||
| Noninterest expense 2 | 16.0 | 10.0 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 5.4 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | 1.8 | 1.1 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.28. State Street Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.3 | 15.3 | 13.2 |
| Tier 1 capital ratio | 16.1 | 17.1 | 14.9 |
| Total capital ratio | 17.6 | 19.0 | 16.7 |
| Tier 1 leverage ratio | 6.1 | 6.5 | 5.7 |
| Supplementary leverage ratio | 7.4 | 7.9 | 6.9 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 1.8 | 5.4 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, 2domestic | 0.0 | 0.0 |
| Commercial and industrial 3 | 0.4 | 9.1 |
| Commercial real estate, domestic | 0.1 | 4.9 |
| Credit cards | 0.0 | 0.0 |
| Other consumer4 | 0.0 | 0.6 |
| Other loans5 | 1.2 | 4.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 111.7 | 112.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 5.0 | 1.6 |
| equals | ||
| Net interest income | 5.1 | 1.6 |
| Noninterest income | 21.2 | 6.7 |
| less | ||
| Noninterest expense 2 | 21.4 | 6.8 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 2.1 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.1 | |
| Trading and counterparty losses 5 | 1.5 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | 1.2 | 0.4 |
| Memo items | ||
| Other comprehensive income7 | 0.3 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -1.1 | -0.8 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.29. TD Group US Holdings LLC Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.9 | 15.1 | 15.0 |
| Tier 1 capital ratio | 16.9 | 15.1 | 15.0 |
| Total capital ratio | 18.1 | 16.2 | 16.2 |
| Tier 1 leverage ratio | 7.7 | 6.9 | 6.9 |
| Supplementary leverage ratio | 7.1 | 6.3 | 6.3 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 10.0 | 6.0 |
| First-lien mortgages, domestic | 0.6 | 2.0 |
| Junior liens and HELOCs,2domestic | 0.3 | 5.2 |
| Commercial and industrial3 | 2.4 | 8.0 |
| Commercial real estate, domestic | 2.0 | 7.1 |
| Credit cards | 2.8 | 20.7 |
| Other consumer 4 | 0.6 | 2.5 |
| Other loans5 | 1.3 | 3.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 229.5 | 230.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 6.2 | 1.2 |
| equals | ||
| Net interest income | 19.3 | 3.7 |
| Noninterest income | 6.0 | 1.1 |
| less | ||
| Noninterest expense 2 | 19.1 | 3.6 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 9.6 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.4 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains6 | 0.0 | |
| equals | ||
| Net income before taxes | -3.8 | -0.7 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.30. Truist Financial Corporation Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.6 | 7.8 | 7.8 |
| Tier 1 capital ratio | 11.3 | 9.5 | 9.5 |
| Total capital ratio | 13.2 | 12.2 | 12.2 |
| Tier 1 leverage ratio | 8.7 | 7.3 | 7.3 |
| Supplementary leverage ratio | 7.4 | 6.3 | 6.2 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 16.5 | 5.7 |
| First-lien mortgages, domestic | 0.6 | 1.3 |
| Junior liens and HELOCs, 2domestic | 0.3 | 2.5 |
| Commercial and industrial 3 | 4.5 | 6.9 |
| Commercial real estate, domestic | 4.3 | 8.0 |
| Credit cards | 0.5 | 15.5 |
| Other consumer4 | 4.0 | 7.0 |
| Other loans5 | 2.3 | 4.7 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 390.9 | 389.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 11.2 | 2.1 |
| equals | ||
| Net interest income | 27.8 | 5.1 |
| Noninterest income | 20.9 | 3.9 |
| less | ||
| Noninterest expense 2 | 37.5 | 6.9 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 16.9 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.4 | |
| Trading and counterparty losses 5 | 0.0 | |
| Other losses/gains 6 | 0.3 | |
| equals | ||
| Net income before taxes | -6.4 | -1.2 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.31. UBS Americas Holding LLC Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 17.8 | 18.0 | 15.5 |
| Tier 1 capital ratio | 23.4 | 24.2 | 21.7 |
| Total capital ratio | 23.5 | 25.1 | 22.1 |
| Tier 1 leverage ratio | 9.1 | 8.6 | 7.7 |
| Supplementary leverage ratio | 8.0 | 7.6 | 6.8 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 1.5 | 1.9 |
| First-lien mortgages, domestic | 0.4 | 1.7 |
| Junior liens and HELOCs,2domestic | 0.0 | 0.0 |
| Commercial and industrial3 | 0.3 | 3.0 |
| Commercial real estate, domestic | 0.0 | 2.5 |
| Credit cards | 0.0 | 16.8 |
| Other consumer4 | 0.3 | 0.8 |
| Other loans5 | 0.5 | 6.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 73.0 | 66.2 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 4.5 | 2.2 |
| equals | ||
| Net interest income | 4.0 | 1.9 |
| Noninterest income | 31.2 | 14.9 |
| less | ||
| Noninterest expense2 | 30.7 | 14.6 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 2.0 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains6 | 0.1 | |
| equals | ||
| Net income before taxes | 2.4 | 1.1 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.32. U.S. Bancorp Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 10.0 | 9.8 | 9.3 |
| Tier 1 capital ratio | 11.6 | 11.4 | 10.9 |
| Total capital ratio | 13.4 | 13.5 | 13.1 |
| Tier 1 leverage ratio | 8.6 | 8.5 | 8.1 |
| Supplementary leverage ratio | 6.9 | 6.9 | 6.5 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 18.2 | 5.9 |
| First-lien mortgages, domestic | 0.9 | 1.1 |
| Junior liens and HELOCs,2domestic | 0.4 | 4.3 |
| Commercial and industrial3 | 5.9 | 7.2 |
| Commercial real estate, domestic | 3.7 | 10.0 |
| Credit cards | 3.6 | 15.9 |
| Other consumer4 | 2.4 | 4.6 |
| Other loans 5 | 1.3 | 4.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 418.6 | 418.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 17.8 | 3.1 |
| equals | ||
| Net interest income | 28.5 | 5.0 |
| Noninterest income | 23.6 | 4.1 |
| less | ||
| Noninterest expense2 | 34.3 | 6.0 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 17.3 | |
| Credit losses on investment securities (AFS/HTM)4 | 0.0 | |
| Trading and counterparty losses5 | 0.0 | |
| Other losses/gains 6 | 0.1 | |
| equals | ||
| Net income before taxes | 0.4 | 0.1 |
| Memo items | ||
| Other comprehensive income7 | 0.0 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | 0.0 | 0.0 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table
Table A.33. Wells Fargo & Company Projected stressed capital ratios, loan losses, risk-weighted assets, losses, revenues, and net income before taxes
Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2021:Q4 and projected 2022:Q1–2024:Q1
Percent
| Regulatory ratio | Actual 2021:Q4 |
Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.4 | 8.7 | 8.6 |
| Tier 1 capital ratio | 12.9 | 10.3 | 10.1 |
| Total capital ratio | 15.8 | 13.2 | 13.2 |
| Tier 1 leverage ratio | 8.3 | 6.6 | 6.5 |
| Supplementary leverage ratio | 6.9 | 5.4 | 5.3 |
1. The capital ratios are calculated using the capital action assumptions provided within the supervisory stress testing rules. See 12 C.F.R. § 238.132(d); 12 C.F.R. § 252.44(c). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2022:Q1 to 2024:Q1. Supplementary leverage ratio projections only include estimates for banks subject to Category I, II, or III standards. Return to table
Projected loan losses, by type of loan, 2022:Q1–2024:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 53.3 | 6.0 |
| First-lien mortgages, domestic | 2.4 | 1.0 |
| Junior liens and HELOCs,2domestic | 0.9 | 3.8 |
| Commercial and industrial 3 | 12.2 | 7.4 |
| Commercial real estate, domestic | 15.6 | 12.0 |
| Credit cards | 6.5 | 16.8 |
| Other consumer4 | 3.3 | 4.4 |
| Other loans5 | 12.5 | 5.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale, loans held for investment under the fair-value option, and Paycheck Protection Program loans and are calculated over nine quarters. Return to table
2. HELOCs (home equity lines of credit). Return to table
3. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
4. Other consumer loans include student loans and automobile loans. Return to table
5. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2021:Q4 and projected 2024:Q1
Billions of dollars
| Item | Actual 2021:Q4 |
Projected 2024:Q1 |
|---|---|---|
| Risk-weighted assets1 | 1,239.0 | 1,223.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized approach to risk-based capital in 12 C.F.R. pt. 217, subpt. D. Return to table
Projected losses, revenue, and net income before taxes through 2024:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 41.7 | 2.1 |
| equals | ||
| Net interest income | 91.6 | 4.7 |
| Noninterest income | 80.6 | 4.1 |
| less | ||
| Noninterest expense2 | 130.5 | 6.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions for loan and lease losses | 53.9 | |
| Credit losses on investment securities (AFS/HTM) 4 | 0.9 | |
| Trading and counterparty losses 5 | 13.7 | |
| Other losses/gains 6 | 2.3 | |
| equals | ||
| Net income before taxes | -29.2 | -1.5 |
| Memo items | ||
| Other comprehensive income7 | 0.2 | |
| Other effects on capital | Actual 2021:Q4 | 2024:Q1 |
| AOCI included in capital (billions of dollars) | -1.7 | -1.5 |
1. Average assets is the nine-quarter average of total assets. Return to table
2. Noninterest expense includes losses from operational-risk events and other real estate owned (OREO) costs. Return to table
3. Other revenue includes one-time income and (expense) items not included in pre-provision net revenue. Return to table
4. For banks that have adopted ASU 2016-13, the Federal Reserve incorporated its projection of expected credit losses on securities in the allowance for credit losses. AFS/HTM (available-for-sale/held-to-maturity). Return to table
5. Trading and counterparty losses include mark-to-market and credit valuation adjustment (CVA) losses and losses arising from the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities. Return to table
6. Other losses/gains include projected change in fair value of loans held for sale or held for investment and measured under the fair-value option, losses/gains on hedges on loans measured at fair value or amortized cost, and goodwill impairment losses. Return to table
7. Other comprehensive income is only calculated for banks subject to Category I or II standards or banks that opt in to including accumulated other comprehensive income (AOCI) in their calculation of capital. Return to table