CCAR Benchmark 2021

Benchmark - August 2021

The Comprehensive Capital Analysis and Review (CCAR) is an annual exercise conducted under the supervision of the US Federal Reserve Board (FRB).

The purpose of CCAR is to assess the financial robustness of bank holding companies, which have been identified as economically significant to the US economy. The assessment looks at capital adequacy under three different financial scenarios: baseline, adverse and severely adverse.

Since 2016, we have run this annual study to give banks a benchmark of their CCAR operational risk modelling methods and outputs. The study provides participants with both a quantitative benchmark, including a comparison of key projection ratios, and a qualitative assessment of how the submission was done, including the methodology and challenges.

Twenty-seven banks took part in the 2021 study, and the report detailing our overall findings is available to all ORX members.