Still no (official) sign of the results of the stress tests – despite many, many appearances by people familiar with various matters – so in the interim, here’s some chart porn.
EconomPic Data, using data compiled by Calculated Risk, has prepared the following chart of banks’ purported capital needs as a percentage of their bank assets (click for full-sized version):
Update: The stress test results will be released at 17H ET on Thursday, according to a joint statement by US regulators.
Any banks that are deemed in need of fresh capital will have until June 8 to develop a plan, and November 9 to implement it, the statement said.
The capital buffer for each bank holding company”is sized to achieve a Tier 1 risk-based ratio of at least 6% and a Tier 1 common risk-based ratio of at least 4% at the end of 2010, under a more adverse macroeconomic scenario than is currently anticipated,” the statement said.
These plans could include sales of business lines, issuance of new private capital instruments, spin- offs, and restrictions on dividends and stock repurchases. The stressed banks will also have to provide an outline of how they intend to repay the government for their preferred shareholdings, and will they will reduce their reliance on FDIC-guaranteed debt issues.