The latest stress tests results from the Federal Reserve will be released June 26, the agency said Thursday, from 32 of the largest banks in the country.
The release in 20 days will also include the aggregate results from the Fed’s first exploratory analysis, which will not affect bank capital requirements, the agency said.
This year’s stress test results will be compiled from the 32 banks with $100 billion or more in total assets. The scenario for the tests (announced Feb. 15) includes a severe global recession with heightened stress in commercial and residential real estate markets.
The exploratory analysis includes four separate hypothetical elements, including two funding stresses applied to all banks tested and two market shocks applied to only the largest and most complex banks, the Fed said. The agency said in February that the exploratory analysis “is distinct from the stress test and will explore additional hypothetical risks to the broader banking system, rather than focusing on firm-specific results.”
The results will be made public June 26 at 4:30 p.m., the agency said.
Banks subject to the stress tests include:
Ally Financial Inc.
American Express Company
Bank of America Corporation
The Bank of New York Mellon Corporation
Barclays US LLC
BMO Financial Corp.
Capital One Financial Corporation
The Charles Schwab Corporation
Citigroup Inc.
Citizens Financial Group, Inc.
Credit Suisse Holdings (USA), Inc.
DB USA Corporation
Discover Financial Services
Fifth Third Bancorp
The Goldman Sachs Group, Inc.
HSBC North America Holdings Inc.
Huntington Bancshares Incorporated
JPMorgan Chase & Co.
Keycorp
M&T Bank Corporation
Morgan Stanley
Northern Trust Corporation
The PNC Financial Services Group, Inc.
RBC US Group Holdings LLC
Regions Financial Corporation
Santander Holdings USA, Inc.
State Street Corporation
TD Group US Holdings LLC
Truist Financial Corporation
UBS Americas Holding LLC
U.S. Bancorp
Wells Fargo & Company