Banking sector regulatory capital - 2025 Q4
This quarterly statistical release shows levels of capital and risk-weighted…
The key points for 2025 Q4:
- The Common Equity Tier 1 (CET1) capital ratio for the UK banking sector has increased by 0.2 percentage points to 15.4% in 2025 Q4.
- The level of CET1 capital increased by 1.1% on the quarter, from £460 billion to £465 billion.
- The level of total risk-weighted assets slightly decreased by 0.1% from £3,025 billion to £3,023 billion this quarter.
2024 Q4
2025 Q1
2025 Q2
2025 Q3
2025 Q4
One quarter
Four quarters
Ratios (per cent)
Change (percentage points)
Total capital
21.3
20.7
20.5
20.2
20.4
0.2
-0.9
Tier1
18.4
18.0
17.8
17.5
17.7
0.2
-0.7
CET1
16.0
15.6
15.4
15.2
15.4
0.2
-0.6
Values (£ billions)
Change (per cent)
Total capital
626
618
608
611
617
0.9
-1.4
of which: Tier1
541
537
528
531
535
0.9
-1.0
of which: CET1
470
464
458
460
465
1.1
-1.1
of which: Tier2
85
82
79
80
81
1.2
-4.2
Risk-weighted assets
2,941
2,980
2,967
3,025
3,023
-0.1
2.8
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.
2024 Q4
2025 Q1
2025 Q2
2025 Q3
2025 Q4
One quarter
Four quarters
Values (£ billions)
Change (per cent)
Total risk-weighted assets
2,941
2,980
2,967
3,025
3,023
-0.1
2.8
Credit and counterparty risk
2,150
2,166
2,164
2,206
2,197
-0.4
2.2
Market risk
362
381
379
388
374
-3.6
3.4
Operational risk
352
355
346
348
366
5.2
4.0
Credit Valuation Adjustment
63
59
61
62
64
3.6
2.2
Other
14
18
17
21
22
4.3
55.8
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 – 30 June 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 - 2025 Q4 (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.
