Appendix B: Firm-Specific Results
Tables begin on next page.
Table B.1.A. Bank of America Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.6 | 9.7 | 9.7 |
| Tier 1 capital ratio | 13.2 | 11.2 | 11.2 |
| Total capital ratio | 15.4 | 13.5 | 13.5 |
| Tier 1 leverage ratio | 8.4 | 7.1 | 7.1 |
| Supplementary leverage ratio | 6.8 | 5.8 | 5.8 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 43.6 | 4.4 |
| First-lien mortgages, domestic | 2.5 | 1.2 |
| Junior liens and HELOCs, domestic | 0.9 | 1.9 |
| Commercial and industrial 2 | 13.3 | 4.8 |
| Commercial real estate, domestic | 4.8 | 6.7 |
| Credit cards | 14.8 | 14.7 |
| Other consumer3 | 1.6 | 2.0 |
| Other loans 4 | 5.8 | 3.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,437.2 | 1,465.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 42.3 | 1.8 |
| equals | ||
| Net interest income | 98.6 | 4.2 |
| Noninterest income | 83.7 | 3.5 |
| less | ||
| Noninterest expense2 | 140.0 | 5.9 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 48.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.2 | |
| Trading and counterparty losses4 | 8.9 | |
| Other losses/gains 5 | 2.7 | |
| equals | ||
| Net income before taxes | -17.8 | -0.7 |
| Memo items | ||
| Other comprehensive income6 | 12.5 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -11.2 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.1.B. Bank of America Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.6 | 11.9 | 11.5 |
| Tier 1 capital ratio | 13.2 | 13.4 | 12.9 |
| Total capital ratio | 15.4 | 15.3 | 15.3 |
| Tier 1 leverage ratio | 8.4 | 8.5 | 8.3 |
| Supplementary leverage ratio | 6.8 | 6.9 | 6.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 27.3 | 2.8 |
| First-lien mortgages, domestic | 1.0 | 0.5 |
| Junior liens and HELOCs, domestic | 0.4 | 0.8 |
| Commercial and industrial 2 | 8.4 | 3.0 |
| Commercial real estate, domestic | 2.1 | 2.9 |
| Credit cards | 10.7 | 10.6 |
| Other consumer3 | 1.2 | 1.4 |
| Other loans 4 | 3.6 | 1.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 1,437.2 | 1,493.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 54.3 | 2.3 |
| equals | ||
| Net interest income | 100.3 | 4.2 |
| Noninterest income | 92.3 | 3.8 |
| less | ||
| Noninterest expense2 | 138.3 | 5.8 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 27.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses4 | 5.3 | |
| Other losses/gains5 | 1.9 | |
| equals | ||
| Net income before taxes | 19.6 | 0.8 |
| Memo items | ||
| Other comprehensive income6 | 11.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -11.2 | 0.4 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.2.A. The Bank of New York Mellon Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 13.1 | 11.3 |
| Tier 1 capital ratio | 14.1 | 15.4 | 13.6 |
| Total capital ratio | 15.1 | 16.6 | 14.7 |
| Tier 1 leverage ratio | 6.6 | 7.2 | 6.4 |
| Supplementary leverage ratio | 6.0 | 6.6 | 5.9 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 1.4 | 2.5 |
| First-lien mortgages, domestic | 0.2 | 1.7 |
| Junior liens and HELOCs, domestic | 0.0 | 8.7 |
| Commercial and industrial 2 | 0.1 | 3.2 |
| Commercial real estate, domestic | 0.2 | 7.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.3 | 9.9 |
| Other loans 4 | 0.6 | 1.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 149.6 | 151.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 7.3 | 2.0 |
| equals | ||
| Net interest income | 6.7 | 1.8 |
| Noninterest income | 26.2 | 7.2 |
| less | ||
| Noninterest expense2 | 25.7 | 7.0 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.8 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses4 | 1.1 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 4.3 | 1.2 |
| Memo items | ||
| Other comprehensive income 6 | 1.5 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -3.2 | -1.7 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.2.B. The Bank of New York Mellon Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 13.9 | 12.2 |
| Tier 1 capital ratio | 14.1 | 16.1 | 14.5 |
| Total capital ratio | 15.1 | 17.2 | 15.5 |
| Tier 1 leverage ratio | 6.6 | 7.5 | 6.8 |
| Supplementary leverage ratio | 6.0 | 6.9 | 6.3 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.9 | 1.6 |
| First-lien mortgages, domestic | 0.1 | 0.9 |
| Junior liens and HELOCs, domestic | 0.0 | 5.2 |
| Commercial and industrial2 | 0.1 | 2.0 |
| Commercial real estate, domestic | 0.1 | 2.6 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.3 | 8.0 |
| Other loans 4 | 0.4 | 1.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 149.6 | 154.2 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 8.0 | 2.2 |
| equals | ||
| Net interest income | 6.5 | 1.7 |
| Noninterest income | 27.4 | 7.4 |
| less | ||
| Noninterest expense2 | 25.9 | 7.0 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 1.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses 4 | 0.8 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 6.0 | 1.6 |
| Memo items | ||
| Other comprehensive income 6 | 1.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -3.2 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.3.A. Barclays US LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.5 | 12.4 | 11.6 |
| Tier 1 capital ratio | 17.6 | 15.4 | 14.5 |
| Total capital ratio | 21.0 | 18.5 | 17.8 |
| Tier 1 leverage ratio | 8.9 | 7.8 | 7.5 |
| Supplementary leverage ratio | 7.3 | 6.3 | 6.1 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 4.2 | 10.3 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial 2 | 0.0 | 22.6 |
| Commercial real estate, domestic | 0.0 | 6.3 |
| Credit cards | 4.0 | 15.1 |
| Other consumer3 | 0.1 | 13.7 |
| Other loans 4 | 0.1 | 0.7 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 87.0 | 88.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 4.6 | 3.0 |
| equals | ||
| Net interest income | 7.7 | 4.9 |
| Noninterest income | 12.0 | 7.7 |
| less | ||
| Noninterest expense2 | 15.1 | 9.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 4.5 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses4 | 0.8 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | -0.6 | -0.4 |
| Memo items | ||
| Other comprehensive income6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.3.B. Barclays US LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 14.5 | 14.9 | 13.5 |
| Tier 1 capital ratio | 17.6 | 17.8 | 16.4 |
| Total capital ratio | 21.0 | 20.8 | 20.0 |
| Tier 1 leverage ratio | 8.9 | 9.0 | 8.4 |
| Supplementary leverage ratio | 7.3 | 7.3 | 6.8 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 3.1 | 7.5 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial 2 | 0.0 | 18.5 |
| Commercial real estate, domestic | 0.0 | 2.4 |
| Credit cards | 3.0 | 11.0 |
| Other consumer 3 | 0.1 | 11.0 |
| Other loans 4 | 0.1 | 0.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 87.0 | 89.8 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 5.2 | 3.3 |
| equals | ||
| Net interest income | 8.0 | 5.0 |
| Noninterest income | 12.5 | 7.9 |
| less | ||
| Noninterest expense 2 | 15.2 | 9.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 3.0 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 0.3 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.9 | 1.2 |
| Memo items | ||
| Other comprehensive income6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.4.A. Capital One Financial Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.2 | 6.0 | 6.0 |
| Tier 1 capital ratio | 12.7 | 7.4 | 7.4 |
| Total capital ratio | 15.1 | 9.6 | 9.6 |
| Tier 1 leverage ratio | 10.7 | 6.5 | 6.5 |
| Supplementary leverage ratio | 9.0 | 5.5 | 5.5 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 38.6 | 15.1 |
| First-lien mortgages, domestic | 0.0 | 2.2 |
| Junior liens and HELOCs, domestic | 0.0 | 5.1 |
| Commercial and industrial2 | 4.1 | 11.8 |
| Commercial real estate, domestic | 1.6 | 5.3 |
| Credit cards | 26.5 | 23.0 |
| Other consumer 3 | 5.2 | 9.1 |
| Other loans4 | 1.1 | 6.3 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 294.9 | 313.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 30.7 | 8.2 |
| equals | ||
| Net interest income | 51.3 | 13.6 |
| Noninterest income | 11.1 | 2.9 |
| less | ||
| Noninterest expense 2 | 31.6 | 8.4 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 44.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | -13.6 | -3.6 |
| Memo items | ||
| Other comprehensive income 6 | 1.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -0.9 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.4.B. Capital One Financial Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.2 | 10.3 | 9.9 |
| Tier 1 capital ratio | 12.7 | 11.7 | 11.3 |
| Total capital ratio | 15.1 | 13.8 | 13.6 |
| Tier 1 leverage ratio | 10.7 | 10.3 | 10.1 |
| Supplementary leverage ratio | 9.0 | 8.7 | 8.5 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 28.3 | 11.0 |
| First-lien mortgages, domestic | 0.0 | 1.1 |
| Junior liens and HELOCs, domestic | 0.0 | 3.4 |
| Commercial and industrial2 | 2.8 | 7.9 |
| Commercial real estate, domestic | 0.7 | 2.2 |
| Credit cards | 20.0 | 17.2 |
| Other consumer3 | 4.2 | 7.2 |
| Other loans4 | 0.7 | 3.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 294.9 | 321.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 31.7 | 8.3 |
| equals | ||
| Net interest income | 52.0 | 13.7 |
| Noninterest income | 11.2 | 3.0 |
| less | ||
| Noninterest expense 2 | 31.5 | 8.3 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 31.2 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 0.5 | 0.1 |
| Memo items | ||
| Other comprehensive income6 | 1.1 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.9 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.5.A. Citigroup Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.9 | 9.5 | 8.2 |
| Tier 1 capital ratio | 13.5 | 11.1 | 9.7 |
| Total capital ratio | 16.6 | 14.1 | 12.9 |
| Tier 1 leverage ratio | 8.3 | 6.8 | 6.1 |
| Supplementary leverage ratio | 6.4 | 5.3 | 4.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 46.9 | 6.6 |
| First-lien mortgages, domestic | 1.6 | 2.1 |
| Junior liens and HELOCs, domestic | 0.6 | 4.3 |
| Commercial and industrial2 | 7.9 | 4.4 |
| Commercial real estate, domestic | 2.0 | 8.5 |
| Credit cards | 25.1 | 15.2 |
| Other consumer 3 | 3.1 | 10.5 |
| Other loans 4 | 6.5 | 3.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 1,174.4 | 1,195.2 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 56.7 | 2.9 |
| equals | ||
| Net interest income | 112.9 | 5.8 |
| Noninterest income | 48.8 | 2.5 |
| less | ||
| Noninterest expense2 | 105.0 | 5.4 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 49.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.9 | |
| Trading and counterparty losses 4 | 15.7 | |
| Other losses/gains5 | 1.9 | |
| equals | ||
| Net income before taxes | -11.6 | -0.6 |
| Memo items | ||
| Other comprehensive income 6 | 5.2 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -36.4 | -31.2 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.5.B. Citigroup Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.9 | 12.2 | 10.8 |
| Tier 1 capital ratio | 13.5 | 13.7 | 12.3 |
| Total capital ratio | 16.6 | 16.3 | 15.4 |
| Tier 1 leverage ratio | 8.3 | 8.5 | 7.7 |
| Supplementary leverage ratio | 6.4 | 6.5 | 5.9 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 33.1 | 4.7 |
| First-lien mortgages, domestic | 0.8 | 1.0 |
| Junior liens and HELOCs, domestic | 0.3 | 2.4 |
| Commercial and industrial2 | 5.6 | 3.1 |
| Commercial real estate, domestic | 0.8 | 3.5 |
| Credit cards | 18.9 | 11.3 |
| Other consumer 3 | 2.7 | 8.9 |
| Other loans4 | 4.1 | 1.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 1,174.4 | 1,220.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 64.1 | 3.3 |
| equals | ||
| Net interest income | 112.1 | 5.7 |
| Noninterest income | 56.0 | 2.9 |
| less | ||
| Noninterest expense2 | 104.0 | 5.3 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 32.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.4 | |
| Trading and counterparty losses4 | 6.9 | |
| Other losses/gains 5 | 1.2 | |
| equals | ||
| Net income before taxes | 23.2 | 1.2 |
| Memo items | ||
| Other comprehensive income 6 | 5.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -36.4 | -30.8 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.6.A. Credit Suisse Holdings (USA), Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 25.8 | 22.3 | 18.4 |
| Tier 1 capital ratio | 26.5 | 23.2 | 19.3 |
| Total capital ratio | 26.6 | 23.2 | 19.4 |
| Tier 1 leverage ratio | 12.9 | 10.1 | 8.5 |
| Supplementary leverage ratio | 11.3 | 8.8 | 7.4 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 0.1 | 0.6 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial2 | 0.0 | 0.0 |
| Commercial real estate, domestic | 0.0 | 0.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer3 | 0.0 | 13.7 |
| Other loans4 | 0.1 | 0.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 61.3 | 55.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 2.3 | 1.9 |
| equals | ||
| Net interest income | 1.2 | 1.0 |
| Noninterest income | 11.9 | 9.7 |
| less | ||
| Noninterest expense 2 | 10.9 | 8.8 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 0.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 4.8 | |
| Other losses/gains 5 | 0.1 | |
| equals | ||
| Net income before taxes | -2.6 | -2.1 |
| Memo items | ||
| Other comprehensive income 6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.6.B. Credit Suisse Holdings (USA), Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 25.8 | 24.7 | 20.9 |
| Tier 1 capital ratio | 26.5 | 25.5 | 21.7 |
| Total capital ratio | 26.6 | 25.5 | 21.8 |
| Tier 1 leverage ratio | 12.9 | 11.4 | 10.0 |
| Supplementary leverage ratio | 11.3 | 10.0 | 8.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.1 | 0.6 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial2 | 0.0 | 0.0 |
| Commercial real estate, domestic | 0.0 | 0.0 |
| Credit cards | 0.0 | 0.0 |
| Other consumer3 | 0.0 | 11.0 |
| Other loans4 | 0.1 | 0.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 61.3 | 58.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 2.8 | 2.2 |
| equals | ||
| Net interest income | 1.2 | 1.0 |
| Noninterest income | 12.5 | 10.1 |
| less | ||
| Noninterest expense 2 | 11.0 | 8.8 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 0.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 3.1 | |
| Other losses/gains5 | 0.1 | |
| equals | ||
| Net income before taxes | -0.5 | -0.4 |
| Memo items | ||
| Other comprehensive income 6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.7.A. DB USA Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 ,2 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 22.9 | 15.0 | 14.8 |
| Tier 1 capital ratio | 34.4 | 26.4 | 26.2 |
| Total capital ratio | 34.4 | 26.7 | 26.6 |
| Tier 1 leverage ratio | 9.2 | 6.9 | 6.9 |
| Supplementary leverage ratio | 8.4 | 6.4 | 6.3 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
2. DWS USA Corporation, the second U.S. intermediate holding company subsidiary of Deutsche Bank AG, was subject to DFAST 2019 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 2018. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.4 | 3.6 |
| First-lien mortgages, domestic | 0.1 | 2.3 |
| Junior liens and HELOCs, domestic | 0.0 | 5.4 |
| Commercial and industrial 2 | 0.0 | 1.0 |
| Commercial real estate, domestic | 0.2 | 9.5 |
| Credit cards | 0.0 | 0.0 |
| Other consumer3 | 0.0 | 7.1 |
| Other loans4 | 0.1 | 1.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 36.5 | 36.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | -0.4 | -0.3 |
| equals | ||
| Net interest income | 1.5 | 1.2 |
| Noninterest income | 11.2 | 9.0 |
| less | ||
| Noninterest expense2 | 13.1 | 10.5 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 0.5 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 1.3 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | -2.2 | -1.7 |
| Memo items | ||
| Other comprehensive income6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.3 | -0.3 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.7.B. DB USA Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 , 2 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 22.9 | 17.8 | 17.6 |
| Tier 1 capital ratio | 34.4 | 28.7 | 28.6 |
| Total capital ratio | 34.4 | 28.9 | 28.8 |
| Tier 1 leverage ratio | 9.2 | 7.8 | 7.7 |
| Supplementary leverage ratio | 8.4 | 7.1 | 7.1 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
2. DWS USA Corporation, the second U.S. intermediate holding company subsidiary of Deutsche Bank AG, was subject to DFAST 2019 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 2018. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.2 | 1.8 |
| First-lien mortgages, domestic | 0.0 | 1.4 |
| Junior liens and HELOCs, domestic | 0.0 | 4.1 |
| Commercial and industrial 2 | 0.0 | 0.6 |
| Commercial real estate, domestic | 0.1 | 3.4 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.0 | 5.8 |
| Other loans4 | 0.0 | 1.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 36.5 | 38.3 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 0.1 | 0.1 |
| equals | ||
| Net interest income | 1.5 | 1.2 |
| Noninterest income | 11.7 | 9.3 |
| less | ||
| Noninterest expense2 | 13.2 | 10.5 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 0.2 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 0.7 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | -0.9 | -0.7 |
| Memo items | ||
| Other comprehensive income6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -0.3 | -0.3 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.8.A. The Goldman Sachs Group, Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.3 | 9.9 | 7.6 |
| Tier 1 capital ratio | 15.3 | 11.9 | 9.5 |
| Total capital ratio | 18.0 | 14.6 | 12.4 |
| Tier 1 leverage ratio | 8.9 | 6.7 | 5.7 |
| Supplementary leverage ratio | 6.2 | 4.7 | 4.0 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 9.7 | 8.9 |
| First-lien mortgages, domestic | 0.7 | 22.9 |
| Junior liens and HELOCs, domestic | 0.0 | 3.6 |
| Commercial and industrial 2 | 3.0 | 13.1 |
| Commercial real estate, domestic | 1.0 | 14.2 |
| Credit cards | 0.0 | 5.6 |
| Other consumer 3 | 1.0 | 14.0 |
| Other loans4 | 4.0 | 5.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 547.9 | 544.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 12.9 | 1.4 |
| equals | ||
| Net interest income | 9.2 | 1.0 |
| Noninterest income | 54.5 | 5.8 |
| less | ||
| Noninterest expense2 | 50.8 | 5.4 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 11.2 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 13.6 | |
| Other losses/gains 5 | 6.0 | |
| equals | ||
| Net income before taxes | -18.0 | -1.9 |
| Memo items | ||
| Other comprehensive income6 | 0.8 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | 0.7 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.8.B. The Goldman Sachs Group, Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 13.3 | 13.3 | 11.4 |
| Tier 1 capital ratio | 15.3 | 15.2 | 13.2 |
| Total capital ratio | 18.0 | 17.7 | 16.0 |
| Tier 1 leverage ratio | 8.9 | 8.8 | 7.8 |
| Supplementary leverage ratio | 6.2 | 6.2 | 5.5 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 6.2 | 5.7 |
| First-lien mortgages, domestic | 0.5 | 19.0 |
| Junior liens and HELOCs, domestic | 0.0 | 2.7 |
| Commercial and industrial 2 | 1.9 | 8.3 |
| Commercial real estate, domestic | 0.4 | 5.7 |
| Credit cards | 0.0 | 4.0 |
| Other consumer 3 | 0.9 | 12.0 |
| Other loans4 | 2.5 | 3.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 547.9 | 564.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 20.6 | 2.2 |
| equals | ||
| Net interest income | 9.6 | 1.0 |
| Noninterest income | 61.7 | 6.5 |
| less | ||
| Noninterest expense 2 | 50.8 | 5.3 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 7.0 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 5.1 | |
| Other losses/gains 5 | 4.6 | |
| equals | ||
| Net income before taxes | 3.9 | 0.4 |
| Memo items | ||
| Other comprehensive income6 | 0.7 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | 0.7 | 1.4 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.9.A. HSBC North America Holdings Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.6 | 8.5 | 8.5 |
| Tier 1 capital ratio | 14.2 | 10.1 | 10.1 |
| Total capital ratio | 18.0 | 14.2 | 14.2 |
| Tier 1 leverage ratio | 7.5 | 5.1 | 5.1 |
| Supplementary leverage ratio | 5.6 | 3.8 | 3.8 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 3.5 | 5.1 |
| First-lien mortgages, domestic | 0.3 | 1.8 |
| Junior liens and HELOCs, domestic | 0.0 | 3.0 |
| Commercial and industrial 2 | 1.4 | 5.4 |
| Commercial real estate, domestic | 0.9 | 8.3 |
| Credit cards | 0.2 | 16.4 |
| Other consumer 3 | 0.0 | 9.2 |
| Other loans 4 | 0.6 | 5.5 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 140.8 | 138.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | -0.8 | -0.3 |
| equals | ||
| Net interest income | 5.0 | 1.8 |
| Noninterest income | 5.0 | 1.8 |
| less | ||
| Noninterest expense 2 | 10.8 | 3.9 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 3.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 2.0 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | -6.8 | -2.4 |
| Memo items | ||
| Other comprehensive income6 | 2.2 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.7 | 1.4 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.9.B. HSBC North America Holdings Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.6 | 10.9 | 10.9 |
| Tier 1 capital ratio | 14.2 | 12.5 | 12.5 |
| Total capital ratio | 18.0 | 16.2 | 16.2 |
| Tier 1 leverage ratio | 7.5 | 6.4 | 6.4 |
| Supplementary leverage ratio | 5.6 | 4.7 | 4.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 1.9 | 2.7 |
| First-lien mortgages, domestic | 0.1 | 0.7 |
| Junior liens and HELOCs, domestic | 0.0 | 1.9 |
| Commercial and industrial 2 | 0.9 | 3.4 |
| Commercial real estate, domestic | 0.4 | 3.1 |
| Credit cards | 0.1 | 11.3 |
| Other consumer3 | 0.0 | 7.6 |
| Other loans4 | 0.3 | 3.3 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 140.8 | 142.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 0.1 | 0.0 |
| equals | ||
| Net interest income | 5.0 | 1.8 |
| Noninterest income | 5.7 | 2.0 |
| less | ||
| Noninterest expense 2 | 10.6 | 3.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses4 | 1.0 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | -2.8 | -1.0 |
| Memo items | ||
| Other comprehensive income6 | 1.9 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.7 | 1.2 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.10.A. JPMorgan Chase & Co. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.0 | 8.2 | 8.1 |
| Tier 1 capital ratio | 13.7 | 9.9 | 9.8 |
| Total capital ratio | 15.5 | 11.9 | 11.8 |
| Tier 1 leverage ratio | 8.1 | 5.9 | 5.8 |
| Supplementary leverage ratio | 6.4 | 4.7 | 4.6 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 60.2 | 5.9 |
| First-lien mortgages, domestic | 3.2 | 1.3 |
| Junior liens and HELOCs, domestic | 0.9 | 2.4 |
| Commercial and industrial2 | 17.3 | 9.6 |
| Commercial real estate, domestic | 4.0 | 3.4 |
| Credit cards | 22.0 | 15.0 |
| Other consumer 3 | 2.1 | 3.4 |
| Other loans 4 | 10.8 | 4.8 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,528.9 | 1,572.2 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 60.0 | 2.3 |
| equals | ||
| Net interest income | 116.3 | 4.4 |
| Noninterest income | 98.6 | 3.7 |
| less | ||
| Noninterest expense2 | 154.9 | 5.9 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 66.7 | |
| Realized losses/gains on securities (AFS/HTM) | 0.7 | |
| Trading and counterparty losses 4 | 21.2 | |
| Other losses/gains5 | 1.2 | |
| equals | ||
| Net income before taxes | -29.9 | -1.1 |
| Memo items | ||
| Other comprehensive income6 | 2.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -1.4 | 1.2 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.10.B. JPMorgan Chase & Co. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.0 | 10.9 | 10.6 |
| Tier 1 capital ratio | 13.7 | 12.6 | 12.3 |
| Total capital ratio | 15.5 | 14.2 | 14.1 |
| Tier 1 leverage ratio | 8.1 | 7.5 | 7.4 |
| Supplementary leverage ratio | 6.4 | 5.9 | 5.9 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 39.3 | 3.8 |
| First-lien mortgages, domestic | 1.4 | 0.5 |
| Junior liens and HELOCs, domestic | 0.6 | 1.5 |
| Commercial and industrial2 | 11.4 | 6.3 |
| Commercial real estate, domestic | 1.9 | 1.6 |
| Credit cards | 15.8 | 10.7 |
| Other consumer3 | 1.6 | 2.6 |
| Other loans 4 | 6.6 | 2.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 1,528.9 | 1,602.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 72.8 | 2.7 |
| equals | ||
| Net interest income | 117.2 | 4.4 |
| Noninterest income | 108.6 | 4.1 |
| less | ||
| Noninterest expense 2 | 153.0 | 5.7 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 39.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.4 | |
| Trading and counterparty losses 4 | 12.1 | |
| Other losses/gains5 | 0.9 | |
| equals | ||
| Net income before taxes | 19.5 | 0.7 |
| Memo items | ||
| Other comprehensive income6 | 4.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -1.4 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.11.A. Morgan Stanley Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.9 | 11.1 | 8.9 |
| Tier 1 capital ratio | 19.2 | 13.4 | 11.1 |
| Total capital ratio | 21.8 | 15.7 | 13.6 |
| Tier 1 leverage ratio | 8.4 | 5.7 | 5.1 |
| Supplementary leverage ratio | 6.5 | 4.4 | 3.9 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 4.1 | 3.2 |
| First-lien mortgages, domestic | 0.4 | 1.4 |
| Junior liens and HELOCs, domestic | 0.0 | 3.6 |
| Commercial and industrial2 | 0.9 | 8.6 |
| Commercial real estate, domestic | 0.9 | 7.6 |
| Credit cards | 0.0 | 0.0 |
| Other consumer3 | 0.1 | 0.6 |
| Other loans4 | 1.9 | 3.1 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 367.3 | 367.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 3.4 | 0.4 |
| equals | ||
| Net interest income | 9.1 | 1.1 |
| Noninterest income | 60.8 | 7.1 |
| less | ||
| Noninterest expense 2 | 66.5 | 7.7 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 5.2 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 9.8 | |
| Other losses/gains5 | 5.3 | |
| equals | ||
| Net income before taxes | -16.9 | -2.0 |
| Memo items | ||
| Other comprehensive income6 | 2.2 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -2.3 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.11.B. Morgan Stanley Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.9 | 14.5 | 13.1 |
| Tier 1 capital ratio | 19.2 | 16.8 | 15.4 |
| Total capital ratio | 21.8 | 18.8 | 17.7 |
| Tier 1 leverage ratio | 8.4 | 7.2 | 6.8 |
| Supplementary leverage ratio | 6.5 | 5.6 | 5.3 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 2.4 | 1.8 |
| First-lien mortgages, domestic | 0.2 | 0.7 |
| Junior liens and HELOCs, domestic | 0.0 | 2.7 |
| Commercial and industrial2 | 0.6 | 5.3 |
| Commercial real estate, domestic | 0.3 | 2.8 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.1 | 0.6 |
| Other loans4 | 1.2 | 1.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 367.3 | 377.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 8.9 | 1.0 |
| equals | ||
| Net interest income | 9.3 | 1.1 |
| Noninterest income | 66.4 | 7.6 |
| less | ||
| Noninterest expense 2 | 66.7 | 7.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 2.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 5.2 | |
| Other losses/gains5 | 3.6 | |
| equals | ||
| Net income before taxes | -2.7 | -0.3 |
| Memo items | ||
| Other comprehensive income 6 | 2.1 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -2.3 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.12.A. Northern Trust Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.9 | 13.2 | 10.7 |
| Tier 1 capital ratio | 14.1 | 14.5 | 12.0 |
| Total capital ratio | 16.1 | 16.5 | 14.0 |
| Tier 1 leverage ratio | 8.0 | 8.2 | 6.8 |
| Supplementary leverage ratio | 7.0 | 7.2 | 6.0 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 1.5 | 4.7 |
| First-lien mortgages, domestic | 0.1 | 1.5 |
| Junior liens and HELOCs, domestic | 0.1 | 6.1 |
| Commercial and industrial2 | 0.2 | 5.5 |
| Commercial real estate, domestic | 0.2 | 6.1 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.0 | 13.7 |
| Other loans4 | 0.9 | 4.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 67.8 | 69.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 3.0 | 2.2 |
| equals | ||
| Net interest income | 3.0 | 2.3 |
| Noninterest income | 8.8 | 6.6 |
| less | ||
| Noninterest expense 2 | 8.9 | 6.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.9 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.0 | 0.7 |
| Memo items | ||
| Other comprehensive income 6 | 0.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.5 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.12.B. Northern Trust Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 12.9 | 13.7 | 11.3 |
| Tier 1 capital ratio | 14.1 | 14.9 | 12.6 |
| Total capital ratio | 16.1 | 16.7 | 14.5 |
| Tier 1 leverage ratio | 8.0 | 8.4 | 7.1 |
| Supplementary leverage ratio | 7.0 | 7.4 | 6.3 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 0.9 | 2.7 |
| First-lien mortgages, domestic | 0.0 | 0.6 |
| Junior liens and HELOCs, domestic | 0.0 | 4.2 |
| Commercial and industrial2 | 0.2 | 3.3 |
| Commercial real estate, domestic | 0.1 | 2.5 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.0 | 11.0 |
| Other loans 4 | 0.5 | 3.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 67.8 | 70.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 2.8 | 2.1 |
| equals | ||
| Net interest income | 2.8 | 2.0 |
| Noninterest income | 9.0 | 6.6 |
| less | ||
| Noninterest expense2 | 9.0 | 6.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses4 | 0.0 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.6 | 1.2 |
| Memo items | ||
| Other comprehensive income 6 | 0.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.5 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.13.A. The PNC Financial Services Group, Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.6 | 8.5 | 8.5 |
| Tier 1 capital ratio | 10.8 | 9.7 | 9.6 |
| Total capital ratio | 13.0 | 12.0 | 12.0 |
| Tier 1 leverage ratio | 9.4 | 8.4 | 8.4 |
| Supplementary leverage ratio | 7.8 | 7.1 | 7.1 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 10.9 | 4.7 |
| First-lien mortgages, domestic | 0.3 | 1.2 |
| Junior liens and HELOCs, domestic | 0.3 | 1.5 |
| Commercial and industrial 2 | 5.3 | 6.0 |
| Commercial real estate, domestic | 2.4 | 7.0 |
| Credit cards | 0.9 | 16.3 |
| Other consumer3 | 0.9 | 3.7 |
| Other loans 4 | 0.7 | 2.3 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 320.6 | 329.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 11.9 | 3.1 |
| equals | ||
| Net interest income | 22.0 | 5.7 |
| Noninterest income | 14.7 | 3.8 |
| less | ||
| Noninterest expense2 | 24.8 | 6.4 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 11.7 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains5 | 0.3 | |
| equals | ||
| Net income before taxes | -0.2 | 0.0 |
| Memo items | ||
| Other comprehensive income 6 | 2.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -0.8 | 1.2 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.13.B. The PNC Financial Services Group, Inc. Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.6 | 10.3 | 9.9 |
| Tier 1 capital ratio | 10.8 | 11.4 | 11.0 |
| Total capital ratio | 13.0 | 13.3 | 13.1 |
| Tier 1 leverage ratio | 9.4 | 9.9 | 9.7 |
| Supplementary leverage ratio | 7.8 | 8.3 | 8.1 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 6.5 | 2.8 |
| First-lien mortgages, domestic | 0.2 | 0.7 |
| Junior liens and HELOCs, domestic | 0.1 | 0.6 |
| Commercial and industrial 2 | 3.4 | 3.8 |
| Commercial real estate, domestic | 1.0 | 2.9 |
| Credit cards | 0.6 | 11.3 |
| Other consumer3 | 0.7 | 3.0 |
| Other loans4 | 0.5 | 1.4 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 320.6 | 335.8 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 13.7 | 3.5 |
| equals | ||
| Net interest income | 22.4 | 5.7 |
| Noninterest income | 16.0 | 4.1 |
| less | ||
| Noninterest expense 2 | 24.6 | 6.3 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 6.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains5 | 0.2 | |
| equals | ||
| Net income before taxes | 7.2 | 1.8 |
| Memo items | ||
| Other comprehensive income 6 | 2.1 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -0.8 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.14.A. State Street Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 11.8 | 10.9 |
| Tier 1 capital ratio | 15.5 | 15.5 | 14.6 |
| Total capital ratio | 16.3 | 16.2 | 15.4 |
| Tier 1 leverage ratio | 7.2 | 7.2 | 6.8 |
| Supplementary leverage ratio | 6.3 | 6.3 | 6.0 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 1.0 | 3.8 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial 2 | 0.3 | 6.9 |
| Commercial real estate, domestic | 0.1 | 6.2 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.0 | 0.6 |
| Other loans4 | 0.6 | 3.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 98.8 | 100.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 3.4 | 1.4 |
| equals | ||
| Net interest income | 4.5 | 1.8 |
| Noninterest income | 18.8 | 7.6 |
| less | ||
| Noninterest expense 2 | 19.9 | 8.1 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 1.2 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses4 | 1.2 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 0.9 | 0.4 |
| Memo items | ||
| Other comprehensive income6 | 1.3 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -1.3 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.14.B. State Street Corporation Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 12.5 | 12.1 |
| Tier 1 capital ratio | 15.5 | 16.1 | 15.8 |
| Total capital ratio | 16.3 | 16.7 | 16.6 |
| Tier 1 leverage ratio | 7.2 | 7.5 | 7.4 |
| Supplementary leverage ratio | 6.3 | 6.5 | 6.5 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.7 | 2.5 |
| First-lien mortgages, domestic | 0.0 | 0.0 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial 2 | 0.2 | 4.1 |
| Commercial real estate, domestic | 0.0 | 2.3 |
| Credit cards | 0.0 | 0.0 |
| Other consumer 3 | 0.0 | 0.6 |
| Other loans4 | 0.4 | 2.1 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 98.8 | 101.8 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 3.6 | 1.4 |
| equals | ||
| Net interest income | 4.1 | 1.6 |
| Noninterest income | 19.5 | 7.8 |
| less | ||
| Noninterest expense 2 | 20.0 | 8.0 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 0.8 | |
| Realized losses/gains on securities (AFS/HTM) | 0.1 | |
| Trading and counterparty losses4 | 0.8 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.9 | 0.8 |
| Memo items | ||
| Other comprehensive income 6 | 1.4 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -1.3 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.15.A. TD Group US Holdings LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.3 | 13.7 | 12.9 |
| Tier 1 capital ratio | 16.3 | 13.7 | 12.9 |
| Total capital ratio | 17.3 | 15.0 | 14.2 |
| Tier 1 leverage ratio | 9.2 | 7.8 | 7.5 |
| Supplementary leverage ratio | 8.3 | 7.0 | 6.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 8.7 | 5.5 |
| First-lien mortgages, domestic | 0.4 | 1.6 |
| Junior liens and HELOCs, domestic | 0.3 | 3.9 |
| Commercial and industrial 2 | 2.1 | 6.0 |
| Commercial real estate, domestic | 1.5 | 5.3 |
| Credit cards | 2.9 | 20.2 |
| Other consumer 3 | 0.7 | 2.9 |
| Other loans 4 | 0.8 | 3.2 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 207.6 | 212.7 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 6.9 | 1.7 |
| equals | ||
| Net interest income | 18.6 | 4.7 |
| Noninterest income | 5.2 | 1.3 |
| less | ||
| Noninterest expense2 | 16.9 | 4.3 |
| Other revenue3 | 0.0 | |
| less | ||
| Provisions | 9.3 | |
| Realized losses/gains on securities (AFS/HTM) | 0.2 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | -2.6 | -0.7 |
| Memo items | ||
| Other comprehensive income 6 | -0.2 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.3 | -0.4 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.15.B. TD Group US Holdings LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 16.3 | 15.5 | 14.9 |
| Tier 1 capital ratio | 16.3 | 15.5 | 14.9 |
| Total capital ratio | 17.3 | 16.4 | 16.1 |
| Tier 1 leverage ratio | 9.2 | 8.8 | 8.6 |
| Supplementary leverage ratio | 8.3 | 7.9 | 7.7 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 5.7 | 3.5 |
| First-lien mortgages, domestic | 0.3 | 1.0 |
| Junior liens and HELOCs, domestic | 0.2 | 2.8 |
| Commercial and industrial2 | 1.3 | 3.7 |
| Commercial real estate, domestic | 0.7 | 2.3 |
| Credit cards | 2.2 | 15.2 |
| Other consumer 3 | 0.5 | 2.2 |
| Other loans4 | 0.5 | 1.9 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 207.6 | 216.5 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 6.8 | 1.7 |
| equals | ||
| Net interest income | 18.1 | 4.5 |
| Noninterest income | 5.7 | 1.4 |
| less | ||
| Noninterest expense 2 | 16.9 | 4.3 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 5.5 | |
| Realized losses/gains on securities (AFS/HTM) | 0.2 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.2 | 0.3 |
| Memo items | ||
| Other comprehensive income6 | 0.2 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -0.3 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.16.A. UBS Americas Holding LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 21.7 | 16.8 | 16.0 |
| Tier 1 capital ratio | 25.7 | 20.7 | 19.9 |
| Total capital ratio | 27.0 | 22.8 | 21.9 |
| Tier 1 leverage ratio | 11.3 | 9.0 | 8.8 |
| Supplementary leverage ratio | n/a n/a | n/a | n/a |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 1.3 | 2.2 |
| First-lien mortgages, domestic | 0.2 | 1.7 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial 2 | 0.5 | 8.5 |
| Commercial real estate, domestic | 0.0 | 5.5 |
| Credit cards | 0.0 | 16.4 |
| Other consumer3 | 0.2 | 0.7 |
| Other loans 4 | 0.3 | 3.1 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 54.1 | 54.0 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 2.3 | 1.6 |
| equals | ||
| Net interest income | 3.0 | 2.1 |
| Noninterest income | 24.7 | 17.2 |
| less | ||
| Noninterest expense2 | 25.4 | 17.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.6 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 1.5 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | -0.8 | -0.6 |
| Memo items | ||
| Other comprehensive income 6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.16.B. UBS Americas Holding LLC Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 21.7 | 19.9 | 18.6 |
| Tier 1 capital ratio | 25.7 | 23.8 | 22.6 |
| Total capital ratio | 27.0 | 25.5 | 24.1 |
| Tier 1 leverage ratio | 11.3 | 10.4 | 9.9 |
| Supplementary leverage ratio | n/a n/a | n/a | n/a |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
n/a Not applicable.
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 0.8 | 1.4 |
| First-lien mortgages, domestic | 0.1 | 0.8 |
| Junior liens and HELOCs, domestic | 0.0 | 0.0 |
| Commercial and industrial2 | 0.3 | 5.2 |
| Commercial real estate, domestic | 0.0 | 2.2 |
| Credit cards | 0.0 | 11.3 |
| Other consumer3 | 0.2 | 0.6 |
| Other loans 4 | 0.2 | 2.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 54.1 | 55.4 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 2.8 | 1.9 |
| equals | ||
| Net interest income | 3.1 | 2.1 |
| Noninterest income | 25.4 | 17.4 |
| less | ||
| Noninterest expense 2 | 25.7 | 17.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 1.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 0.6 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 1.1 | 0.8 |
| Memo items | ||
| Other comprehensive income 6 | 0.0 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.17.A. U.S. Bancorp Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.1 | 8.1 | 8.1 |
| Tier 1 capital ratio | 10.7 | 9.7 | 9.7 |
| Total capital ratio | 12.6 | 11.4 | 11.4 |
| Tier 1 leverage ratio | 9.0 | 8.2 | 8.2 |
| Supplementary leverage ratio | 7.2 | 6.6 | 6.6 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 16.3 | 5.6 |
| First-lien mortgages, domestic | 0.9 | 1.4 |
| Junior liens and HELOCs, domestic | 0.6 | 3.9 |
| Commercial and industrial2 | 5.2 | 6.3 |
| Commercial real estate, domestic | 3.0 | 8.2 |
| Credit cards | 3.9 | 16.4 |
| Other consumer3 | 1.5 | 3.6 |
| Other loans4 | 1.1 | 4.6 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 381.7 | 393.6 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets1 |
|---|---|---|
| Pre-provision net revenue | 18.2 | 3.9 |
| equals | ||
| Net interest income | 27.5 | 5.8 |
| Noninterest income | 20.5 | 4.4 |
| less | ||
| Noninterest expense2 | 29.9 | 6.3 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 17.6 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses 4 | 0.0 | |
| Other losses/gains5 | 0.0 | |
| equals | ||
| Net income before taxes | 0.5 | 0.1 |
| Memo items | ||
| Other comprehensive income 6 | 2.6 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -2.4 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.17.B. U.S. Bancorp Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 9.1 | 10.0 | 9.6 |
| Tier 1 capital ratio | 10.7 | 11.5 | 11.2 |
| Total capital ratio | 12.6 | 12.9 | 12.9 |
| Tier 1 leverage ratio | 9.0 | 9.8 | 9.6 |
| Supplementary leverage ratio | 7.2 | 7.8 | 7.6 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent) 1 |
|---|---|---|
| Loan losses | 10.4 | 3.5 |
| First-lien mortgages, domestic | 0.4 | 0.6 |
| Junior liens and HELOCs, domestic | 0.4 | 2.6 |
| Commercial and industrial 2 | 3.5 | 4.2 |
| Commercial real estate, domestic | 1.4 | 3.7 |
| Credit cards | 2.9 | 12.0 |
| Other consumer3 | 1.1 | 2.6 |
| Other loans 4 | 0.7 | 3.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets1 | 381.7 | 398.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 19.6 | 4.1 |
| equals | ||
| Net interest income | 27.9 | 5.8 |
| Noninterest income | 21.2 | 4.4 |
| less | ||
| Noninterest expense 2 | 29.5 | 6.2 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 10.1 | |
| Realized losses/gains on securities (AFS/HTM) | 0.0 | |
| Trading and counterparty losses4 | 0.0 | |
| Other losses/gains 5 | 0.0 | |
| equals | ||
| Net income before taxes | 9.4 | 2.0 |
| Memo items | ||
| Other comprehensive income6 | 2.5 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars) 7 | -2.4 | 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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.18.A. Wells Fargo & Company Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Severely adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 10.1 | 9.5 |
| Tier 1 capital ratio | 13.5 | 11.8 | 11.2 |
| Total capital ratio | 16.6 | 14.8 | 14.5 |
| Tier 1 leverage ratio | 9.1 | 8.0 | 7.6 |
| Supplementary leverage ratio | 7.7 | 6.8 | 6.5 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 43.5 | 4.5 |
| First-lien mortgages, domestic | 3.2 | 1.1 |
| Junior liens and HELOCs, domestic | 1.3 | 2.8 |
| Commercial and industrial2 | 11.0 | 5.6 |
| Commercial real estate, domestic | 10.0 | 7.7 |
| Credit cards | 6.8 | 17.2 |
| Other consumer3 | 4.3 | 5.8 |
| Other loans 4 | 6.7 | 3.4 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,247.2 | 1,277.9 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 62.2 | 3.3 |
| equals | ||
| Net interest income | 112.4 | 5.9 |
| Noninterest income | 78.3 | 4.1 |
| less | ||
| Noninterest expense2 | 128.5 | 6.7 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 47.9 | |
| Realized losses/gains on securities (AFS/HTM) | 2.3 | |
| Trading and counterparty losses 4 | 8.5 | |
| Other losses/gains5 | 1.4 | |
| equals | ||
| Net income before taxes | 2.1 | 0.1 |
| Memo items | ||
| Other comprehensive income 6 | 2.9 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -5.8 | -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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table
Table B.18.B. Wells Fargo & Company Projected stressed capital ratios, risk-weighted assets, losses, revenues, net income before taxes, and loan losses Federal Reserve estimates: Adverse scenario
Capital ratios, actual 2018:Q4 and projected 2019:Q1–2021:Q1
Percent
| Regulatory ratio | Actual 2018:Q4 | Stressed capital ratios 1 | |
|---|---|---|---|
| Ending | Minimum | ||
| Common equity tier 1 capital ratio | 11.7 | 12.3 | 11.4 |
| Tier 1 capital ratio | 13.5 | 14.0 | 13.1 |
| Total capital ratio | 16.6 | 16.6 | 16.2 |
| Tier 1 leverage ratio | 9.1 | 9.4 | 8.9 |
| Supplementary leverage ratio | 7.7 | 8.0 | 7.6 |
1. The capital ratios are calculated using capital action assumptions provided within the Dodd-Frank Act stress testing rule. See 12 CFR 252.56(b). These projections represent hypothetical estimates that involve an economic outcome that is more adverse than expected. The minimum capital ratios are for the period 2019:Q1 to 2021:Q1. Supplementary leverage ratio projections only include estimates for firms subject to the advanced approaches. Return to table
Projected loan losses, by type of loan, 2019:Q1–2021:Q1
| Loan type | Billions of dollars | Portfolio loss rates (percent)1 |
|---|---|---|
| Loan losses | 25.8 | 2.6 |
| First-lien mortgages, domestic | 1.2 | 0.4 |
| Junior liens and HELOCs, domestic | 0.7 | 1.4 |
| Commercial and industrial 2 | 7.1 | 3.6 |
| Commercial real estate, domestic | 4.1 | 3.2 |
| Credit cards | 5.0 | 12.6 |
| Other consumer 3 | 3.6 | 4.7 |
| Other loans 4 | 4.0 | 2.0 |
1. Average loan balances used to calculate portfolio loss rates exclude loans held for sale and loans held for investment under the fair-value option, and are calculated over nine quarters. Return to table
2. Commercial and industrial loans include small- and medium-enterprise loans and corporate cards. Return to table
3. Other consumer loans include student loans and automobile loans. Return to table
4. Other loans include international real estate loans. Return to table
Risk-weighted assets, actual 2018:Q4 and projected 2021:Q1
Billions of dollars
| Item | Actual 2018:Q4 |
Projected 2021:Q1 |
|---|---|---|
| Risk-weighted assets 1 | 1,247.2 | 1,299.1 |
1. For each quarter, risk-weighted assets are calculated under the Board's standardized capital risk-based approach in 12 CFR part 217, subpart D. Return to table
Projected losses, revenue, and net income before taxes through 2021:Q1
| Item | Billions of dollars | Percent of average assets 1 |
|---|---|---|
| Pre-provision net revenue | 69.2 | 3.6 |
| equals | ||
| Net interest income | 112.9 | 5.8 |
| Noninterest income | 84.0 | 4.3 |
| less | ||
| Noninterest expense2 | 127.8 | 6.6 |
| Other revenue 3 | 0.0 | |
| less | ||
| Provisions | 25.6 | |
| Realized losses/gains on securities (AFS/HTM) | 1.0 | |
| Trading and counterparty losses4 | 4.1 | |
| Other losses/gains 5 | 1.0 | |
| equals | ||
| Net income before taxes | 37.5 | 1.9 |
| Memo items | ||
| Other comprehensive income 6 | 5.5 | |
| Other effects on capital | Actual 2018:Q4 | 2021:Q1 |
| AOCI included in capital (billions of dollars)7 | -5.8 | -0.3 |
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. 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
5. Other losses/gains include projected change in fair value of loans held for sale and loans held for investment measured under the fair-value option, and goodwill impairment losses. Return to table
6. Other comprehensive income (OCI) is only calculated for advanced approaches firms, and other firms that opt into the advanced approaches treatment of accumulated other comprehensive income (AOCI). Return to table
7. Certain aspects of AOCI are subject to transition arrangements for inclusion in projected regulatory capital. The transition arrangements are 100 percent included in projected regulatory capital starting in 2018. See 12 CFR 217.300(b)(3). Return to table