What Changed
- Average CET1 ratio under fully loaded CRR3 projected at 15.1% for 129 EU/EEA banks.
- Output floor relative impact on Tier 1 minimum required capital increased to 6.0%, binding 33 institutions.
- No projected capital shortfalls expected before 2030, with 2033 fully loaded shortfalls estimated at EUR 18.5 billion.
The European Banking Authority (EBA) published its CRR3/CRD6 dashboard as of Q2 2026, evaluating 129 banks at the highest level of consolidation across the European Union and European Economic Area (EU/EEA). The report affects EU/EEA banking institutions subject to the Capital Requirements Regulation (CRR3) and Capital Requirements Directive (CRD6), providing insight into how capital levels align with fully loaded Basel III framework standards.
According to the EBA dashboard, EU/EEA banks continue to maintain capital levels well above minimum requirements. Under the fully loaded CRR3 framework, the average Common Equity Tier 1 (CET1) ratio is projected at 15.1%. However, the impact of the output floor has increased compared to previous editions, projecting a 6.0% relative increase in Tier 1 minimum required capital—up from 5.1% estimated using Q4 2025 data. This shift is driven by higher standardised total risk exposure amounts (S-TREA) and expanded exposures under transitional arrangements. A total of 33 institutions would be bound by the fully loaded output floor.
Assuming static balance sheets, the EBA projects no capital shortfalls before 2030, granting institutions time to adjust. Capital shortfalls are projected at EUR 2.2 billion in 2030 and EUR 18.5 billion in 2033 under the fully loaded framework. Despite the absolute increase, these shortfalls represent on average 0.6% of the sample banks' current total capital.
The calculations apply calibration factors specified in Article 465(1) of CRR3 (50%, 55%, 60%, 65%, 70%, and 72.5%) and reverse transitional arrangements under Article 465(3), (5), (9), and (13). Current supervisory reporting data do not yet capture credit risk transitional arrangements, which are temporarily recorded as zero and will be addressed in future reporting framework updates. All calculations include overall capital requirements but exclude Pillar 2 Guidance.
The official source is the EBA news release. The publication date, entry-into-force date, and general application dates are not provided in the source material.
Who May Be Affected
EU/EEA banks at the highest level of consolidation and institutions subject to CRR3/CRD6 capital requirement frameworks.
Cross-Border Context
Relevant to international banking entities and cross-border financial groups subject to EU capital adequacy framework rules under CRR3/CRD6.
What to check next
- Future releases of the EBA supervisory reporting framework concerning credit risk transitional arrangements.
- Subsequent dashboard updates monitoring observed banking data and capital requirements.
This article provides general information and does not constitute legal advice. Consult the official text and obtain advice appropriate to your circumstances where needed.