Banking sector regulatory capital - 2026 Q2
This quarterly statistical release shows levels of capital and risk-weighted…
The key points for 2026 Q2:
- The Common Equity Tier 1 (CET1) capital ratio for the UK banking sector has remained stable at 15.1% in 2026 Q2.
- The level of CET1 capital increased by 1.6% on the quarter, from £463 billion to £470 billion.
- The level of total risk-weighted assets increased by 1.9% from £3,059 billion to £3,118 billion this quarter.
2025 Q2
2025 Q3
2025 Q4
2026 Q1
2026 Q2
One quarter
Four quarters
Ratios (per cent)
Change (percentage points)
Total capital
20.5
20.2
20.5
20.2
20.3
0.0
-0.2
Tier1
17.8
17.5
17.8
17.6
17.6
0.1
-0.2
CET1
15.4
15.2
15.5
15.1
15.1
-0.1
-0.3
Values (£ billions)
Change (per cent)
Total capital
608
611
618
618
632
2.1
4.0
of which: Tier1
528
531
537
537
550
2.3
4.1
of which: CET1
458
460
467
463
470
1.6
2.8
of which: Tier2
79
80
81
81
82
0.8
3.2
Risk-weighted assets
2,967
3,024
3,021
3,059
3,118
1.9
5.1
Footnotes
- (a) Figures throughout this document may not correspond exactly due to rounding.
Footnotes
- (a) See Further details about these data for information on the calculation of these contributions.
- (b) Data for all charts has been sourced from the banking sector regulatory capital data tables.
2025 Q2
2025 Q3
2025 Q4
2026 Q1
2026 Q2
One quarter
Four quarters
Values (£ billions)
Change (per cent)
Total risk-weighted assets
2,967
3,024
3,021
3,059
3,118
1.9
5.1
Credit and counterparty risk
2,164
2,206
2,197
2,253
2,301
2.1
6.3
Market risk
379
388
374
352
362
2.8
-4.6
Operational risk
346
348
366
374
375
0.3
8.2
Credit Valuation Adjustment
61
62
64
61
61
0.3
0.1
Other
17
21
21
21
20
-4.5
18.5
Footnotes
- (a) The categories of risk-weighted assets used are as defined in the reporting templates in the annexes to the Implementing Technical Standards (ITS) on Supervisory Reporting (Regulation (EU) No 573/2013).
Comparison of capital ratios with other publications
Capital ratios for the UK banking sector are published by the Bank of England (BoE) and the International Monetary Fund (IMF). Chart 4 shows a comparison of published capital ratios for the UK and the details of their differences are explained below. Table C provides descriptions of the underlying datasets and links to their definitions.
Footnotes
- (a) Chart 4 is based on the most current publicly available metrics published by the institutions outlined in Table C at the time this statistical release was issued.
The effects of the differences in datasets and methodologies can be generalised as follows:
- Firm coverage – the BoE and the IMF publish capital ratios that represent averages of the total UK banking sector. While they all use the same data, the IMF publications are updated with a lag. This means that the latest quarterly figures are not available at the time of this publication and may include minor differences because this release’s chart is not using the latest vintage at this point of publication. The Financial Policy Committee’s (FPC) indicatorsfootnote [1] cover major UK banksfootnote [2] only, rather than the total UK banking sector, and this generally has a downward effect on the ratio.
- Use of transitional or endpoint capitalfootnote [3] – the use of endpoint capital will tend to have a slight downward effect on ratios, compared to those using transitional capital.
- Timing – both timeliness and frequency vary across datasets. The banking sector regulatory capital statistical release is the timeliest.
Publishing institution
Dataset
Firm coverage
Transitional or endpoint capital
Averaging method
Bank of England
Banking sector regulatory capital
Total UK banking sector
Transitional
Weighted mean
International Monetary Fund
Financial soundness indicators
Total UK banking sector
Transitional
Weighted mean
Bank of England
FPC indicators
Major UK Banks
End-point(a)
Weighted mean
Footnotes
- (a) From 2018, Basel III CET 1 and Tier 1 capital ratios reflect IFRS 9 transitional arrangements.
Next release – 18 December 2026
In July 2023 the FPC added the CET1 ratio as one of its Core indicators, alongside the Tier 1 ratio.
The group currently includes Barclays, HSBC, Lloyds Banking Group, Nationwide, NatWest, Santander UK, and Standard Chartered. Note: Virgin Money were included for the periods from 2020 Q4 to 2024 Q3.
See explanatory notes for more detail.
More information
- Data tables - 2026 Q2 (XLSX 0.1MB)
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Figures reflect the source report and its stated period. This article is for information and is not investment advice.
