Citizens Bank, N.A.: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.75% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 5.75% (RCFAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 11.92% +5.42 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $20.87B | 20,867,985 | RCFAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $175.10B | 175,098,497 | RCFAA223 |
| Recomputed ratio | 11.92% | numerator / denominator | |
| Filed ratio | 11.92% | RCFAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.42 pp | $9.49B | capital that could be lost first |
Tier 1 risk-based capital ratio 11.92% +3.92 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $20.87B | 20,868,060 | RCFA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $175.10B | 175,098,497 | RCFAA223 |
| Recomputed ratio | 11.92% | numerator / denominator | |
| Filed ratio | 11.92% | RCFA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +3.92 pp | $6.86B | capital that could be lost first |
Total risk-based capital ratio 13.75% +3.75 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $24.07B | 24,074,347 | RCFA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $175.10B | 175,098,497 | RCFAA223 |
| Recomputed ratio | 13.75% | numerator / denominator | |
| Filed ratio | 13.75% | RCFA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.75 pp | $6.56B | capital that could be lost first |
Tier 1 leverage ratio 9.39% +4.39 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $20.87B | 20,868,060 | RCFA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $222.31B | 222,306,773 | RCFAA224 |
| Recomputed ratio | 9.39% | numerator / denominator | |
| Filed ratio | 9.39% | RCFA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.39 pp | $9.75B | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 22,349,205 | 22,349,205 | 22,349,205 | 22,349,205 | 22,349,205 | 22,349,205 | RCFAP742 |
| Retained earnings | 6,371,508 | 6,371,360 | 6,437,981 | 6,307,935 | 6,207,541 | 5,981,272 | RCFAKW00 |
| Accumulated other comprehensive income | (2,242,235) | (2,069,416) | (1,949,149) | (2,247,910) | (2,619,846) | (2,922,086) | RCFAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCFAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 26,478,478 | 26,651,149 | 26,838,037 | 26,409,230 | 25,936,900 | 25,408,391 | RCFAP840 |
| Adjustments and deductions from common equity Tier 1 | (5,610,493) | (5,780,338) | (5,891,680) | (5,586,006) | (5,222,863) | (4,916,419) | P859 - P840 |
| Common equity Tier 1 capital | 20,867,985 | 20,870,811 | 20,946,357 | 20,823,224 | 20,714,037 | 20,491,972 | RCFAP859 |
| Additional Tier 1 capital | 75 | 75 | 75 | 75 | 75 | 75 | RCFAP865 |
| Tier 1 capital | 20,868,060 | 20,870,886 | 20,946,432 | 20,823,299 | 20,714,112 | 20,492,047 | RCFA8274 |
| Tier 2 capital | 3,206,287 | 3,212,991 | 3,189,504 | 3,186,203 | 3,185,073 | 3,183,161 | RCFA5311 |
| Allowance includable in Tier 2 capital | 2,081,287 | 2,087,991 | 2,064,504 | 2,061,203 | 2,060,073 | 2,058,161 | RCFA5310 |
| Total capital | 24,074,347 | 24,083,877 | 24,135,936 | 24,009,502 | 23,899,185 | 23,675,208 | RCFA3792 |
| Total risk-weighted assets | 175,098,497 | 172,258,706 | 170,655,508 | 167,766,831 | 166,967,349 | 166,195,829 | RCFAA223 |
| Average total assets for the leverage ratio | 222,306,773 | 217,214,944 | 214,310,456 | 212,584,783 | 211,645,568 | 210,417,787 | RCFAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $13.33B | $377.5M | 2.83% | 0.22% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $47.08B | $5.00B | 10.63% | 2.86% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $60.96B | $37.96B | 62.26% | 21.68% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $39.5M | $59.2M | 150.00% | 0.03% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $893.9M | $1.34B | 150.00% | 0.77% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $80.19B | $80.02B | 99.79% | 45.70% | RC-R Part II, item 4.d, 5.d |
| All other assets | $15.71B | $16.46B | 104.72% | 9.40% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $28.03B | $27.47B | 98.02% | 15.69% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $3.40B | $1.87B | 55.02% | 1.07% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $4.54B | NA | 2.59% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $170.56B | ties to item 31 ($170.56B) |
|---|---|---|
| Risk-weighted assets before deductions | $175.10B | RCFDB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $175.10B | RCFDG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 11.92% | 11.92% | 13.75% | 9.39% | 12.29% | 12.29% | 13.89% | 9.51% |
| 1Q26 | Risk-based | 12.12% | 12.12% | 13.98% | 9.61% | 12.54% | 12.54% | 14.17% | 9.60% |
| 4Q25 | Risk-based | 12.27% | 12.27% | 14.14% | 9.77% | 12.55% | 12.55% | 14.29% | 9.77% |
| 3Q25 | Risk-based | 12.41% | 12.41% | 14.31% | 9.80% | 12.89% | 12.89% | 14.56% | 9.72% |
| 2Q25 | Risk-based | 12.41% | 12.41% | 14.31% | 9.79% | 12.88% | 12.88% | 14.61% | 9.80% |
| 1Q25 | Risk-based | 12.33% | 12.33% | 14.25% | 9.74% | 12.91% | 12.91% | 14.38% | 9.67% |
| 4Q24 | Risk-based | 12.27% | 12.27% | 14.16% | 9.56% | 12.94% | 12.94% | 14.47% | 9.48% |
| 3Q24 | Risk-based | 11.86% | 11.86% | 13.72% | 9.36% | 12.54% | 12.54% | 14.32% | 9.52% |
| 2Q24 | Risk-based | 11.68% | 11.68% | 13.57% | 9.16% | 12.81% | 12.81% | 14.59% | 9.45% |
| 1Q24 | Risk-based | 11.44% | 11.44% | 13.31% | 9.01% | 12.26% | 12.26% | 13.99% | 9.15% |
| 4Q23 | Risk-based | 11.28% | 11.28% | 13.05% | 8.86% | 12.18% | 12.18% | 13.85% | 9.22% |
| 3Q23 | Risk-based | 11.08% | 11.08% | 12.81% | 9.06% | 11.81% | 11.81% | 13.54% | 9.05% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Citizens Bank, N.A. (this bank) | Risk-based | 11.92% | 11.92% | 13.75% | 9.39% | |
| First-Citizens Bank & Trust Company | $236.32B | Risk-based | 12.41% | 12.41% | 13.34% | 9.75% |
| Manufacturers and Traders Trust Company | $218.79B | Risk-based | 11.81% | 11.81% | 13.87% | 9.51% |
| American Express National Bank | $213.95B | Risk-based | 10.86% | 10.86% | 12.99% | 8.84% |
| KeyBank N.A. | $188.56B | Risk-based | 12.27% | 12.27% | 14.05% | 9.92% |
| Ally Bank | $188.18B | Risk-based | 12.30% | 12.30% | 13.57% | 9.60% |
| The Northern Trust Company | $178.57B | Risk-based | 11.83% | 11.83% | 13.90% | 6.84% |
| HSBC Bank USA, N.A. | $173.10B | Risk-based | 15.90% | 17.39% | 19.29% | 10.22% |
| Regions Bank | $159.79B | Risk-based | 11.58% | 11.58% | 13.22% | 9.50% |
| Pinnacle Bank | $128.79B | Risk-based | 10.73% | 10.73% | 11.83% | 8.97% |
| Peer 25th percentile | 11.58% | 11.58% | 13.22% | 8.97% | ||
| Peer median | 11.83% | 11.83% | 13.57% | 9.51% | ||
| Peer 75th percentile | 12.30% | 12.30% | 13.90% | 9.75% | ||
| This bank's percentile | 56 | 56 | 56 | 33 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/3303298/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.