Q1 2026 Cohort Read
Six large EU banks.
Six capital stories heading into 2028.
A senior-led peer read of six SSM-supervised banking groups, four G-SIBs and two O-SIIs: BNP Paribas, Santander, Société Générale, BBVA, Deutsche Bank, UniCredit, written for CROs, CFOs and Heads of Capital Management preparing the H2 SREP cycle and the 2027 EBA Stress Test.
The slide shown is one of 12: six scorecards and six 36-month sequences, each a composite of distance to hard minimum, EBA 2025 fully-loaded stress depletion, and P2R level. Cohort-normalised, directional, not bank-disclosed.
Request the full 12-slide cohort read →
Next. H2 2026 refresh, publishing this autumn on the Q2 2026 disclosure round.
Source: EBA 2025 EU-wide stress test, Table A2 + Q1 2026 bank disclosures + 2025 SREP letters. Ezelman composite scoring, directional, not a ranking.