CCAR Benchmark 2022

Benchmark - September 2022

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 with the objective to provide participant US bank holding companies with a benchmark of their CCAR operational risk modelling methods and outputs. The study provides 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-three banks took part in the 2022 study, with all participants receiving an individual benchmark report and a report detailing our overall findings.