Fed Says Citizens Financial Group Inc Faced Lowest Capital Ratio Of 6.4% In Stress Test, Charles Schwab Corp Highest Ratio Of 22.8%
Portfolio Pulse from Benzinga Newsdesk
The Federal Reserve's stress test revealed that Citizens Financial Group Inc had the lowest capital ratio of 6.4%, while Charles Schwab Corp had the highest ratio of 22.8%.
June 28, 2023 | 8:34 pm
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NEGATIVE IMPACT
Citizens Financial Group Inc had the lowest capital ratio of 6.4% in the Federal Reserve's stress test.
A low capital ratio in a stress test indicates potential vulnerability in a financial crisis, which could negatively impact investor confidence and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
The stress test results of individual banks could impact the SPDR S&P Regional Banking ETF (KRE).
The stress test results of individual banks, such as Citizens Financial Group and Charles Schwab Corp, could indirectly impact the performance of the SPDR S&P Regional Banking ETF (KRE), which includes these banks in its holdings.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Charles Schwab Corp had the highest capital ratio of 22.8% in the Federal Reserve's stress test.
A high capital ratio in a stress test indicates strong resilience in a financial crisis, which could positively impact investor confidence and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100