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  4. Supervision and Regulation Report - May 2024

Federal Reserve Supervision and Regulation Report

Accessible Version - Supervision and Regulation Report - May 2024

Figure 1. Aggregate common equity tier 1 (CET1) capital ratio

Percent

Date CET1 Capital Ratio
12/31/2018 12.43
3/31/2019 12.53
6/30/2019 12.57
9/30/2019 12.48
12/31/2019 12.41
3/31/2020 11.82
6/30/2020 12.26
9/30/2020 12.66
12/31/2020 12.78
3/31/2021 12.94
6/30/2021 12.93
9/30/2021 12.81
12/31/2021 12.61
3/31/2022 12.12
6/30/2022 12.06
9/30/2022 12.08
12/31/2022 12.28
3/31/2023 12.39
6/30/2023 12.48
9/30/2023 12.71
12/31/2023 12.76

Note: CET1 capital ratio is the ratio of common equity tier 1 capital to risk-weighted assets. See the appendix for further information. Community banks can opt into the community bank leverage ratio framework. Thirty-seven percent of community banks have done so and are excluded from the figure.

Source: Call Report and FR Y-9C.

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Figure 2. Liquid assets as a share of total assets

Percent

Date Cash Securities
12/31/2018 8.45 10.86
3/31/2019 8.11 10.80
6/30/2019 7.84 10.95
9/30/2019 7.68 11.53
12/31/2019 7.94 11.29
3/31/2020 10.47 10.93
6/30/2020 12.09 11.66
9/30/2020 11.77 12.53
12/31/2020 12.81 12.97
3/31/2021 13.82 13.42
6/30/2021 13.27 13.93
9/30/2021 13.40 14.23
12/31/2021 12.93 14.85
3/31/2022 12.19 14.18
6/30/2022 10.66 14.02
9/30/2022 10.25 13.23
12/31/2022 10.14 13.28
3/31/2023 11.07 12.43
6/30/2023 10.67 11.93
9/30/2023 10.55 11.51
12/31/2023 10.95 12.13

Note: Liquid assets are cash plus estimates of securities that qualify as high-quality liquid assets as defined by the Basel III liquidity coverage ratio requirement.

Source: FR Y-9C.

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Figure 3. Deposits

Trillions of dollars

Date Deposits
12/28/2022 17.72
1/4/2023 17.74
1/11/2023 17.68
1/18/2023 17.72
1/25/2023 17.72
2/1/2023 17.71
2/8/2023 17.66
2/15/2023 17.67
2/22/2023 17.64
3/1/2023 17.62
3/8/2023 17.55
3/15/2023 17.42
3/22/2023 17.32
3/29/2023 17.28
4/5/2023 17.29
4/12/2023 17.23
4/19/2023 17.26
4/26/2023 17.23
5/3/2023 17.25
5/10/2023 17.23
5/17/2023 17.25
5/24/2023 17.30
5/31/2023 17.34
6/7/2023 17.28
6/14/2023 17.30
6/21/2023 17.34
6/28/2023 17.34
7/5/2023 17.37
7/12/2023 17.31
7/19/2023 17.34
7/26/2023 17.35
8/2/2023 17.36
8/9/2023 17.35
8/16/2023 17.31
8/23/2023 17.34
8/30/2023 17.27
9/6/2023 17.30
9/13/2023 17.29
9/20/2023 17.34
9/27/2023 17.38
10/4/2023 17.36
10/11/2023 17.35
10/18/2023 17.27
10/25/2023 17.32
11/1/2023 17.35
11/8/2023 17.30
11/15/2023 17.34
11/22/2023 17.34
11/29/2023 17.29
12/6/2023 17.32
12/13/2023 17.33
12/20/2023 17.40
12/27/2023 17.43
1/3/2024 17.40
1/10/2024 17.39
1/17/2024 17.45
1/24/2024 17.41
1/31/2024 17.51
2/7/2024 17.46
2/14/2024 17.48
2/21/2024 17.43
2/28/2024 17.44
3/6/2024 17.50
3/13/2024 17.54
3/20/2024 17.57

Note: Data are for all commercial banks and are seasonally adjusted.

Source: H.8, "Assets and Liabilities of Commercial Banks in the United States."

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Figure 4. Wholesale funding as a share of total assets

Percent

Date Wholesale funding to assets
12/31/2018 22.75
3/31/2019 23.06
6/30/2019 23.10
9/30/2019 22.86
12/31/2019 21.97
3/31/2020 22.20
6/30/2020 20.30
9/30/2020 19.59
12/31/2020 18.54
3/31/2021 18.01
6/30/2021 16.90
9/30/2021 16.18
12/31/2021 15.57
3/31/2022 15.43
6/30/2022 16.21
9/30/2022 17.06
12/31/2022 17.99
3/31/2023 21.08
6/30/2023 21.38
9/30/2023 21.53
12/31/2023 21.63

Note: Wholesale funding is defined as the sum of brokered deposits under $250,000, federal funds purchased, securities sold under agreement to repurchase, subordinated notes and debentures, and other borrowed money.

Source: Call Report and FR Y-9C.

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Figure 5. Loan delinquency rates

Percent

Date Total C&I CRE RRE Consumer
12/31/2018 1.03 0.73 0.47 2.14 1.14
3/31/2019 1.03 0.86 0.48 2.03 1.11
6/30/2019 0.97 0.84 0.45 1.87 1.03
9/30/2019 0.96 0.89 0.45 1.80 1.07
12/31/2019 0.94 0.90 0.42 1.76 1.12
3/31/2020 0.97 0.92 0.51 1.73 1.16
6/30/2020 1.11 1.12 0.63 2.02 0.99
9/30/2020 1.17 1.14 0.71 2.36 0.82
12/31/2020 1.18 1.11 0.81 2.40 0.95
3/31/2021 1.13 1.00 0.80 2.39 0.88
6/30/2021 1.01 0.90 0.74 2.15 0.69
9/30/2021 0.96 0.84 0.68 2.07 0.68
12/31/2021 0.91 0.78 0.58 2.05 0.72
3/31/2022 0.87 0.77 0.55 1.88 0.73
6/30/2022 0.78 0.73 0.50 1.60 0.72
9/30/2022 0.76 0.72 0.45 1.47 0.82
12/31/2022 0.77 0.75 0.45 1.44 0.94
3/31/2023 0.79 0.74 0.56 1.41 0.97
6/30/2023 0.79 0.75 0.67 1.32 0.96
9/30/2023 0.86 0.76 0.84 1.29 1.09
12/31/2023 0.90 0.80 0.91 1.28 1.23

Note: Delinquent loans are those 90+ days past due or in nonaccrual status.

Source: Call Report and FR Y-9C.

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Figure 6. Income-producing CRE loan delinquency rates by property type

Percent

Date Hotel Industrial Multifamily Office Retail
12/31/2018 0.35 0.24 0.22 0.21 0.62
3/31/2019 0.59 0.13 0.14 0.29 0.78
6/30/2019 0.54 0.14 0.16 0.33 0.68
9/30/2019 0.78 0.11 0.10 0.20 0.70
12/31/2019 0.15 0.13 0.12 0.21 0.70
3/31/2020 0.56 0.13 0.15 0.26 1.31
6/30/2020 1.41 0.14 0.21 0.28 2.26
9/30/2020 2.51 0.24 0.25 0.47 2.54
12/31/2020 5.66 0.22 0.36 0.48 3.24
3/31/2021 5.29 0.24 0.40 0.42 2.83
6/30/2021 4.77 0.16 0.47 0.53 2.76
9/30/2021 4.64 0.10 0.47 0.63 2.49
12/31/2021 4.35 0.14 0.48 1.10 2.19
3/31/2022 3.63 0.23 0.53 1.18 2.04
6/30/2022 4.46 0.11 0.25 1.16 1.38
9/30/2022 3.24 0.08 0.19 0.97 1.20
12/31/2022 2.87 0.43 0.43 1.85 1.98
3/31/2023 3.14 0.16 0.44 2.98 2.31
6/30/2023 2.41 0.09 0.50 4.75 2.05
9/30/2023 2.55 0.09 0.66 7.53 2.27
12/31/2023 2.40 0.12 0.63 8.79 1.73

Note: Delinquent loans are those 30+ days past due or in nonaccrual status.

Source: FR Y-14Q.

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Figure 7. Consumer loan delinquency rates

Percent

Date Auto Credit Card Other
12/31/2018 0.82 1.46 0.81
3/31/2019 0.71 1.50 0.77
6/30/2019 0.74 1.34 0.71
9/30/2019 0.77 1.42 0.67
12/31/2019 0.84 1.49 0.67
3/31/2020 0.85 1.57 0.71
6/30/2020 0.75 1.39 0.53
9/30/2020 0.75 1.05 0.48
12/31/2020 0.81 1.22 0.62
3/31/2021 0.68 1.19 0.57
6/30/2021 0.64 0.84 0.51
9/30/2021 0.68 0.80 0.48
12/31/2021 0.76 0.85 0.45
3/31/2022 0.69 0.93 0.43
6/30/2022 0.75 0.89 0.42
9/30/2022 0.83 1.04 0.44
12/31/2022 0.95 1.22 0.44
3/31/2023 0.82 1.38 0.43
6/30/2023 0.88 1.35 0.33
9/30/2023 0.94 1.56 0.35
12/31/2023 1.02 1.72 0.40

Note: Delinquent loans are those 90+ days past due or in nonaccrual status.

Source: Call Report and FR Y-9C.

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Figure 8. Bank return on average assets (ROAA) and return on equity (ROE)

Percent, annual rate

Date ROE (left axis) ROAA (right axis)
12/31/2018 10.80 1.19
3/31/2019 10.93 1.21
6/30/2019 10.94 1.22
9/30/2019 10.04 1.12
12/31/2019 9.55 1.05
3/31/2020 3.35 0.36
6/30/2020 5.01 0.50
9/30/2020 9.72 0.98
12/31/2020 11.27 1.14
3/31/2021 14.68 1.46
6/30/2021 13.60 1.33
9/30/2021 12.44 1.22
12/31/2021 11.04 1.06
3/31/2022 9.83 0.92
6/30/2022 9.86 0.89
9/30/2022 10.33 0.94
12/31/2022 11.02 0.98
3/31/2023 13.01 1.20
6/30/2023 10.52 0.97
9/30/2023 10.34 0.96
12/31/2023 4.81 0.44

Note: ROE is net income divided by average equity capital, and ROAA is net income divided by average assets.

Source: Call Report and FR Y-9C.

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Figure 9. Provisions for loan and lease losses as a share of average loans and leases

Percent, annual rate

Date Provisions for loan and lease losses as a share of average loans and leases
12/31/2018 0.60
3/31/2019 0.57
6/30/2019 0.53
9/30/2019 0.57
12/31/2019 0.61
3/31/2020 2.02
6/30/2020 2.27
9/30/2020 0.55
12/31/2020 0.12
3/31/2021 -0.47
6/30/2021 -0.43
9/30/2021 -0.13
12/31/2021 0.00
3/31/2022 0.18
6/30/2022 0.39
9/30/2022 0.50
12/31/2022 0.68
3/31/2023 0.65
6/30/2023 0.73
9/30/2023 0.65
12/31/2023 0.80

Source: Call Report and FR Y-9C.

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Figure 10. Average credit default swap (CDS) spread and market leverage ratio (daily)

Left y-axis label: Basis points
Right y-axis label: Percent

Date CDS spreads (left axis) Market leverage ratio (right axis)
1/1/2023 87.80 8.72
1/2/2023 88.79 8.78
1/3/2023 89.79 8.84
1/4/2023 88.30 8.97
1/5/2023 88.89 8.91
1/6/2023 83.88 9.04
1/7/2023 83.25 9.03
1/8/2023 82.62 9.03
1/9/2023 81.99 9.03
1/10/2023 78.84 9.09
1/11/2023 76.56 9.16
1/12/2023 75.39 9.20
1/13/2023 75.81 9.36
1/14/2023 75.57 9.35
1/15/2023 75.33 9.35
1/16/2023 75.09 9.35
1/17/2023 74.85 9.35
1/18/2023 74.28 9.22
1/19/2023 77.33 9.12
1/20/2023 78.36 9.24
1/21/2023 78.18 9.29
1/22/2023 78.00 9.33
1/23/2023 77.82 9.37
1/24/2023 77.05 9.36
1/25/2023 77.03 9.37
1/26/2023 74.99 9.48
1/27/2023 74.36 9.48
1/28/2023 71.77 9.47
1/29/2023 69.18 9.46
1/30/2023 66.60 9.45
1/31/2023 73.67 9.56
2/1/2023 72.38 9.61
2/2/2023 68.33 9.62
2/3/2023 66.31 9.63
2/4/2023 66.72 9.63
2/5/2023 67.13 9.64
2/6/2023 67.54 9.64
2/7/2023 68.08 9.74
2/8/2023 68.07 9.74
2/9/2023 67.11 9.62
2/10/2023 68.69 9.63
2/11/2023 68.67 9.66
2/12/2023 68.64 9.69
2/13/2023 68.62 9.72
2/14/2023 68.20 9.74
2/15/2023 68.77 9.75
2/16/2023 70.09 9.64
2/17/2023 70.83 9.64
2/18/2023 71.37 9.58
2/19/2023 71.91 9.53
2/20/2023 72.45 9.48
2/21/2023 72.99 9.43
2/22/2023 74.04 9.39
2/23/2023 73.38 9.41
2/24/2023 74.03 9.43
2/25/2023 74.07 9.44
2/26/2023 74.12 9.45
2/27/2023 74.16 9.46
2/28/2023 73.68 9.43
3/1/2023 73.58 9.41
3/2/2023 74.06 9.35
3/3/2023 72.27 9.53
3/4/2023 71.66 9.52
3/5/2023 71.05 9.51
3/6/2023 70.44 9.51
3/7/2023 70.72 9.23
3/8/2023 71.31 9.20
3/9/2023 73.39 8.83
3/10/2023 84.13 8.73
3/11/2023 90.70 8.60
3/12/2023 97.26 8.46
3/13/2023 103.83 8.33
3/14/2023 97.59 8.56
3/15/2023 108.71 8.26
3/16/2023 108.69 8.37
3/17/2023 107.80 8.08
3/18/2023 108.92 8.11
3/19/2023 110.04 8.13
3/20/2023 111.16 8.16
3/21/2023 102.30 8.40
3/22/2023 97.52 8.21
3/23/2023 100.59 8.11
3/24/2023 112.40 8.03
3/25/2023 111.79 8.09
3/26/2023 111.18 8.15
3/27/2023 110.57 8.22
3/28/2023 108.70 8.22
3/29/2023 104.87 8.34
3/30/2023 95.89 8.31
3/31/2023 93.89 8.23
4/1/2023 91.94 8.22
4/2/2023 89.99 8.22
4/3/2023 88.04 8.21
4/4/2023 94.51 8.08
4/5/2023 103.76 8.06
4/6/2023 107.06 8.08
4/7/2023 107.44 8.09
4/8/2023 107.81 8.11
4/9/2023 108.18 8.12
4/10/2023 108.56 8.13
4/11/2023 108.42 8.23
4/12/2023 105.04 8.23
4/13/2023 98.73 8.28
4/14/2023 86.60 8.45
4/15/2023 86.83 8.45
4/16/2023 87.05 8.44
4/17/2023 87.27 8.43
4/18/2023 83.05 8.50
4/19/2023 83.48 8.50
4/20/2023 84.64 8.46
4/21/2023 85.57 8.43
4/22/2023 86.26 8.42
4/23/2023 86.96 8.42
4/24/2023 87.65 8.42
4/25/2023 90.04 8.22
4/26/2023 95.89 8.12
4/27/2023 95.09 8.22
4/28/2023 94.20 8.27
4/29/2023 94.39 8.26
4/30/2023 94.57 8.25
5/1/2023 94.75 8.25
5/2/2023 99.92 8.08
5/3/2023 102.99 7.96
5/4/2023 111.72 7.76
5/5/2023 107.20 7.94
5/6/2023 105.94 7.95
5/7/2023 104.68 7.95
5/8/2023 103.42 7.96
5/9/2023 105.88 7.95
5/10/2023 104.94 7.90
5/11/2023 106.17 7.86
5/12/2023 106.44 7.77
5/13/2023 105.48 7.81
5/14/2023 104.51 7.85
5/15/2023 103.54 7.88
5/16/2023 102.26 7.79
5/17/2023 98.30 8.03
5/18/2023 96.71 8.04
5/19/2023 94.94 7.96
5/20/2023 94.29 7.97
5/21/2023 93.64 7.98
5/22/2023 92.99 7.99
5/23/2023 91.73 7.99
5/24/2023 94.87 7.88
5/25/2023 91.67 7.93
5/26/2023 89.47 8.01
5/27/2023 88.73 8.01
5/28/2023 87.99 8.01
5/29/2023 87.25 8.01
5/30/2023 86.50 8.00
5/31/2023 86.50 7.87
6/1/2023 85.47 7.93
6/2/2023 83.59 8.13
6/3/2023 83.42 8.12
6/4/2023 83.25 8.10
6/5/2023 83.09 8.08
6/6/2023 81.72 8.23
6/7/2023 80.92 8.32
6/8/2023 81.35 8.31
6/9/2023 80.96 8.32
6/10/2023 81.18 8.32
6/11/2023 81.40 8.32
6/12/2023 81.62 8.31
6/13/2023 81.19 8.40
6/14/2023 80.78 8.34
6/15/2023 81.55 8.42
6/16/2023 80.94 8.38
6/17/2023 81.04 8.36
6/18/2023 81.14 8.34
6/19/2023 81.24 8.32
6/20/2023 81.34 8.29
6/21/2023 80.49 8.25
6/22/2023 81.44 8.12
6/23/2023 81.20 8.04
6/24/2023 81.61 8.04
6/25/2023 82.02 8.04
6/26/2023 82.43 8.05
6/27/2023 81.96 8.12
6/28/2023 81.63 8.08
6/29/2023 80.95 8.25
6/30/2023 80.33 8.27
7/1/2023 79.96 8.30
7/2/2023 79.59 8.33
7/3/2023 79.22 8.37
7/4/2023 79.49 8.34
7/5/2023 79.76 8.30
7/6/2023 80.43 8.16
7/7/2023 79.54 8.21
7/8/2023 79.08 8.21
7/9/2023 78.62 8.21
7/10/2023 78.17 8.21
7/11/2023 76.36 8.32
7/12/2023 74.30 8.40
7/13/2023 73.70 8.47
7/14/2023 73.41 8.21
7/15/2023 73.41 8.24
7/16/2023 73.40 8.27
7/17/2023 73.40 8.30
7/18/2023 71.14 8.52
7/19/2023 70.11 8.62
7/20/2023 70.37 8.70
7/21/2023 69.82 8.66
7/22/2023 69.78 8.70
7/23/2023 69.73 8.74
7/24/2023 69.69 8.78
7/25/2023 68.81 8.69
7/26/2023 67.65 8.75
7/27/2023 66.02 8.67
7/28/2023 65.50 8.62
7/29/2023 65.37 8.63
7/30/2023 65.25 8.65
7/31/2023 65.12 8.66
8/1/2023 64.78 8.62
8/2/2023 65.86 8.54
8/3/2023 66.60 8.54
8/4/2023 66.17 8.51
8/5/2023 66.35 8.54
8/6/2023 66.53 8.56
8/7/2023 66.70 8.58
8/8/2023 67.62 8.48
8/9/2023 67.24 8.38
8/10/2023 65.95 8.40
8/11/2023 66.15 8.43
8/12/2023 66.05 8.41
8/13/2023 65.96 8.39
8/14/2023 65.86 8.36
8/15/2023 66.38 8.20
8/16/2023 66.37 8.13
8/17/2023 67.00 8.11
8/18/2023 68.35 8.08
8/19/2023 68.44 8.07
8/20/2023 68.52 8.06
8/21/2023 68.60 8.05
8/22/2023 68.75 7.90
8/23/2023 68.91 7.97
8/24/2023 69.07 7.97
8/25/2023 69.62 7.96
8/26/2023 69.60 7.98
8/27/2023 69.58 8.01
8/28/2023 69.56 8.04
8/29/2023 68.81 8.10
8/30/2023 67.89 8.07
8/31/2023 67.45 8.05
9/1/2023 67.20 8.10
9/2/2023 67.26 8.09
9/3/2023 67.32 8.08
9/4/2023 67.38 8.06
9/5/2023 67.44 8.05
9/6/2023 68.73 8.00
9/7/2023 69.34 7.96
9/8/2023 69.76 8.01
9/9/2023 69.92 8.01
9/10/2023 70.07 8.02
9/11/2023 70.23 8.02
9/12/2023 69.83 8.15
9/13/2023 70.23 8.17
9/14/2023 70.17 8.31
9/15/2023 70.56 8.26
9/16/2023 70.54 8.26
9/17/2023 70.52 8.26
9/18/2023 70.5 8.26
9/19/2023 70.4 8.22
9/20/2023 73.01 8.14
9/21/2023 74.26 8.03
9/22/2023 75.32 7.92
9/23/2023 75.68 7.92
9/24/2023 76.04 7.93
9/25/2023 76.4 7.93
9/26/2023 78.67 7.83
9/27/2023 79.24 7.83
9/28/2023 81.13 7.9
9/29/2023 81.14 7.85
9/30/2023 81.71 7.83
10/1/2023 82.28 7.81
10/2/2023 82.85 7.79
10/3/2023 84.43 7.63
10/4/2023 85.83 7.66
10/5/2023 86.58 7.68
10/6/2023 87.89 7.76
10/7/2023 87.57 7.76
10/8/2023 87.24 7.75
10/9/2023 86.91 7.75
10/10/2023 83.99 7.81
10/11/2023 82.06 7.79
10/12/2023 81.68 7.72
10/13/2023 81.38 7.75
10/14/2023 81.60 7.77
10/15/2023 81.81 7.80
10/16/2023 82.03 7.83
10/17/2023 81.94 7.91
10/18/2023 82.60 7.75
10/19/2023 82.68 7.63
10/20/2023 83.83 7.54
10/21/2023 84.97 7.51
10/22/2023 86.11 7.48
10/23/2023 87.25 7.44
10/24/2023 88.39 7.45
10/25/2023 89.53 7.42
10/26/2023 90.68 7.49
10/27/2023 91.82 7.31
10/28/2023 91.91 7.34
10/29/2023 92.00 7.38
10/30/2023 92.09 7.42
10/31/2023 91.87 7.49
11/1/2023 90.89 7.51
11/2/2023 88.16 7.70
11/3/2023 83.01 7.88
11/4/2023 82.19 7.87
11/5/2023 81.37 7.85
11/6/2023 80.55 7.84
11/7/2023 80.64 7.80
11/8/2023 78.95 7.82
11/9/2023 78.47 7.75
11/10/2023 78.97 7.84
11/11/2023 78.92 7.84
11/12/2023 78.88 7.84
11/13/2023 78.83 7.83
11/14/2023 76.08 8.07
11/15/2023 74.13 8.14
11/16/2023 73.81 8.14
11/17/2023 73.97 8.22
11/18/2023 73.84 8.22
11/19/2023 73.72 8.21
11/20/2023 73.59 8.21
11/21/2023 72.71 8.14
11/22/2023 72.20 8.17
11/23/2023 72.08 8.19
11/24/2023 71.96 8.20
11/25/2023 72.07 8.18
11/26/2023 72.18 8.17
11/27/2023 72.29 8.16
11/28/2023 71.48 8.16
11/29/2023 69.75 8.27
11/30/2023 69.78 8.35
12/1/2023 69.31 8.46
12/2/2023 69.20 8.46
12/3/2023 69.10 8.47
12/4/2023 69.00 8.48
12/5/2023 68.03 8.40
12/6/2023 68.61 8.34
12/7/2023 68.02 8.44
12/8/2023 67.13 8.55
12/9/2023 67.08 8.55
12/10/2023 67.03 8.56
12/11/2023 66.98 8.57
12/12/2023 66.45 8.61
12/13/2023 64.42 8.79
12/14/2023 60.49 9.11
12/15/2023 61.15 9.09
12/16/2023 60.99 9.08
12/17/2023 60.84 9.06
12/18/2023 60.69 9.05
12/19/2023 60.82 9.13
12/20/2023 60.53 9.02
12/21/2023 61.10 9.09
12/22/2023 60.57 9.09
12/23/2023 60.43 9.11
12/24/2023 60.29 9.12
12/25/2023 60.15 9.14
12/26/2023 60.02 9.15
12/27/2023 59.87 9.18
12/28/2023 59.68 9.20
12/29/2023 59.83 9.17
12/30/2023 60.14 9.15
12/31/2023 60.45 9.13
1/1/2024 60.76 9.11
1/2/2024 61.07 9.09
1/3/2024 64.10 9.00
1/4/2024 65.23 9.03
1/5/2024 64.58 9.12
1/6/2024 64.80 9.12
1/7/2024 65.02 9.12
1/8/2024 65.24 9.13
1/9/2024 64.21 9.04
1/10/2024 62.22 9.01
1/11/2024 61.75 8.96
1/12/2024 62.01 8.91
1/13/2024 62.01 8.88
1/14/2024 62.02 8.86
1/15/2024 62.02 8.84
1/16/2024 62.03 8.82
1/17/2024 62.79 8.73
1/18/2024 62.77 8.71
1/19/2024 61.82 8.83
1/20/2024 61.51 8.84
1/21/2024 61.20 8.84
1/22/2024 60.89 8.85
1/23/2024 60.04 8.86
1/24/2024 59.65 8.90
1/25/2024 58.95 8.97
1/26/2024 57.49 8.97
1/27/2024 57.46 8.98
1/28/2024 57.42 8.99
1/29/2024 57.38 9.00
1/30/2024 56.72 9.12
1/31/2024 57.05 9.02
2/1/2024 58.29 8.96
2/2/2024 59.10 8.99
2/3/2024 58.98 8.96
2/4/2024 58.87 8.93
2/5/2024 58.75 8.90
2/6/2024 58.63 8.90
2/7/2024 58.56 8.93
2/8/2024 58.39 8.89
2/9/2024 58.20 8.89
2/10/2024 58.05 8.92
2/11/2024 57.91 8.95
2/12/2024 57.76 8.98
2/13/2024 57.27 8.78
2/14/2024 57.69 8.84
2/15/2024 56.91 9.06
2/16/2024 56.03 9.04
2/17/2024 56.01 9.03
2/18/2024 55.99 9.02
2/19/2024 55.98 9.01
2/20/2024 55.96 9.00
2/21/2024 55.57 9.05
2/22/2024 53.95 9.10
2/23/2024 53.57 9.15
2/24/2024 53.52 9.14
2/25/2024 53.47 9.12
2/26/2024 53.42 9.11
2/27/2024 53.93 9.16
2/28/2024 53.89 9.16
2/29/2024 54.45 9.21
3/1/2024 54.42 9.18
3/2/2024 54.36 9.22
3/3/2024 54.31 9.26
3/4/2024 54.25 9.30
3/5/2024 54.08 9.32
3/6/2024 53.98 9.28
3/7/2024 54.32 9.28
3/8/2024 53.89 9.29
3/9/2024 53.81 9.30
3/10/2024 53.73 9.30
3/11/2024 53.66 9.31
3/12/2024 53.37 9.32
3/13/2024 52.66 9.39
3/14/2024 52.41 9.30
3/15/2024 52.70 9.31
3/16/2024 52.73 9.33
3/17/2024 52.76 9.34
3/18/2024 52.79 9.36
3/19/2024 52.75 9.36
3/20/2024 54.53 9.52
3/21/2024 53.52 9.70
3/22/2024 53.80 9.59
3/23/2024 54.07 9.58
3/24/2024 54.34 9.56
3/25/2024 54.61 9.55
3/26/2024 54.12 9.58
3/27/2024 53.75 9.73
3/28/2024 53.23 9.78
3/29/2024 53.19 9.77
3/30/2024 53.15 9.75
3/31/2024 53.11 9.74
4/1/2024 53.08 9.72

Note: The market leverage ratio is the ratio of a firm’s market capitalization to the sum of market capitalization and the book value of liabilities. Averages are calculated from available observations for the eight LISCC firms (Bank of America Corporation; The Bank of New York Mellon Corporation; Citigroup Inc.; The Goldman Sachs Group; JPMorgan Chase & Co.; Morgan Stanley; State Street Corporation; and Wells Fargo & Company).

Source: Federal Reserve staff calculations using Bloomberg data.

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Figure 11. Ratings for large financial institutions

Percent

Year Satisfactory Less-than-satisfactory
2019 60% 40%
2020 55% 45%
2021 53% 47%
2022 48% 52%
2023 36% 64%

Note: Large financial institutions are rated according to three components: Capital Planning and Positions; Liquidity Risk Management and Positions; and Governance and Controls. Bars show the percentage of satisfactory and less-than-satisfactory ratings across all components. The 2023 value is as of the end of 2023:Q4. Key identifies bars in order from top to bottom.

Source: Internal Federal Reserve supervisory databases.

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Figure 12. Outstanding number of supervisory findings, large financial institutions

Count

Portfolio 2019 2020 2021 2022 2023
FBO > $100B 379 374 393 374 392
LBO 153 151 145 185 345
LISCC 568 323 169 206 280

Note: Values are as of year-end. The findings count data are subject to revisions as issues are reviewed, updated, and finalized; this could result in minor historical count fluctuations.

Source: Internal Federal Reserve supervisory databases.

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Figure 13. Outstanding supervisory findings by category, large financial institutions

Percent

Portfolio Capital planning & positions Liquidity risk management & positions Governance & controls
LISCC 31% 20% 50%
LBO 10% 19% 71%
FBO > $100B 8% 15% 77%

Note: As of 2023:Q4, total supervisory findings, by portfolio, were: LISCC—280; LBO—345; and FBO > $100B—392. Key shows bars in order from top to bottom.

 

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Figure 14. Top tier ratings for CBO and RBO firms

Percent

Year Satisfactory Less-than-satisfactory
2019 95% 5%
2020 96% 4%
2021 97% 3%
2022 96% 4%
2023 95% 5%

Note: Includes composite ratings for consolidated top-tier holding companies and SMBs without HCs for CBO and RBO firms. The 2023 value is as of the end of 2023:Q4. Key identifies bars in order from top to bottom.

Source: Internal Federal Reserve supervisory databases.

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Figure 15. Outstanding supervisory findings, CBO and RBO firms

CBO counts
RBO counts

  2019 2020 2021 2022 2023
CBO 1644 1207 806 843 1340
RBO 246 154 117 150 262

Note: Values are as of year-end. The findings count data are subject to revisions as issues are reviewed, updated, and finalized; this could result in minor historical count fluctuations.

Source: Internal Federal Reserve supervisory databases.

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Figure 16. Outstanding supervisory findings by category, CBO firms

Percent

Portfolio/Category Percent of total findings
IT and operational risk 27%
Management, risk management, internal controls 20%
Credit risk 19%
BSA/AML issues 13%
Market/liquidity 13%
Asset & wealth management 5%
Parent company—nonbank 2%

Note: As of 2023:Q4, there were 1,340 total supervisory findings for CBO firms.

Source: Internal Federal Reserve supervisory databases.

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Figure 17. Outstanding supervisory findings by category, RBO firms

Percent

Portfolio/Category Percent of total findings
IT and operational risk 29%
Management, risk management, internal controls 25%
Market/liquidity 15%
BSA/AML issues 15%
Credit risk 13%
Asset & wealth management 2%
Parent company—nonbank 2%

Note: As of 2023:Q4, there were 262 total supervisory findings for RBO firms.

Source: Internal Federal Reserve supervisory databases.

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Last Update: May 13, 2024