Large Bank Examination Workshop February 2026

Required Elements

• An assessment of the expected uses and sources of capital over the planning horizon • A description of all planned capital actions over the planning horizon • A discussion of any expected changes to the BHC’s business plan that are likely to have a material impact on capital adequacy or liquidity • A detailed description of the BHC’s process for assessing capital adequacy • Formal capital policy

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Critical Elements • The Federal Reserve’s stress scenario projections include capital actions proposed by the BHCs in their annual capital plans under a baseline scenario • Stringent test of BHCs’ ability to maintain capital strength under adverse conditions without cutting distributions • Not necessarily a depiction of the way BHCs would behave in these circumstances • Results will therefore vary, perhaps significantly, from what the BHCs themselves would project

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