Overview of risk management, key metrics and risk-weighted assets (RWA)
KM1: Key metrics (Group)
a | c | e | ||||||
|---|---|---|---|---|---|---|---|---|
Amounts in millions Swiss francs resp. in % | 30.06.2026 | 31.12.2025 | 30.06.2025 | |||||
Eligible capital | ||||||||
1 | Common Equity Tier 1 (CET1) | 4,159.3 | 4,090.9 | 3,989.6 | ||||
2 | Tier 1 capital (T1) | 5,119.0 | 5,050.6 | 4,949.3 | ||||
3 | Total capital | 5,729.2 | 5,740.2 | 5,433.9 | ||||
Risk-weighted assets (RWA) | ||||||||
4 | RWA | 27,836.2 | 27,904.3 | 27,566.9 | ||||
Risk-based capital ratios in % of RWA | ||||||||
5 | CET1 ratio | 14.94 % | 14.66 % | 14.47 % | ||||
6 | Tier 1 ratio | 18.39 % | 18.10 % | 17.95 % | ||||
7 | Total capital ratio | 20.58 % | 20.57 % | 19.71 % | ||||
Additional CET1 requirements (buffers) (% of RWA) | ||||||||
8 | Capital conservation buffer requirement according to Basel minimum requirements (2.5 %) | 2.50 % | 2.50 % | 2.50 % | ||||
9 | Countercyclical buffer requirement according to Basel minimum requirements | 0.00 % | 0.00 % | 0.00 % | ||||
11 | Total of bank CET1 specific buffer requirements according to Basel minimum requirements (rows 8 + 9) | 2.50 % | 2.50 % | 2.50 % | ||||
12 | CET1 available after meeting the banks minimum capital requirements | 10.44 % | 10.16 % | 9.97 % | ||||
Target capital ratios according to CAO annex 8 (% of RWA) | ||||||||
12a | Capital conservation buffer according to CAO Annex 8 | 4.00 % | 4.00 % | 4.00 % | ||||
12b | Countercyclical capital buffer according to CAO Art. 44 and Art. 44a | 1.21 % | 1.21 % | 1.15 % | ||||
12c | CET1 capital target according to CAO Annex 8 + countercyclical buffer according to CAO Art. 44 and 44a | 9.01 % | 9.01 % | 8.95 % | ||||
12d | T1 capital target according to CAO Annex 8 + countercyclical buffer according to CAO Art. 44 and 44a | 10.81 % | 10.81 % | 10.75 % | ||||
12e | Total capital target according to CAO Annex 8 + contercyclical buffer according to CAO Art. 44 and 44a | 13.21 % | 13.21 % | 13.15 % | ||||
Basel III Leverage Ratio | ||||||||
13 | Total Basel III leverage ratio exposure | 66,614.2 | 65,472.3 | 62,431.9 | ||||
14 | Basel III leverage ratio (Tier 1 capital in % of total Basel III leverage ratio exposure measure, including the impact of any applicable temporary exemption of central bank reserves) | 7.68 % | 7.71 % | 7.93 % | ||||
Minimum capital requirement (CAO art. 42) | ||||||||
14e | Minimum capital pursuant to Article 42(1) (a) and (b) CAO (3 % LRD or 8 % RWA) | 2,226.9 | 2,232.3 | 2,205.4 | ||||
Liquidity Coverage Ratio (LCR) | ||||||||
15 | Total high-quality liquid assets (HQLA) | 8,444.9 | 8,201.4 | 8,054.6 | ||||
16 | Total net cash outflow | 6,227.4 | 6,323.9 | 5,599.0 | ||||
17 | LCR | 135.61 % | 129.69 % | 143.86 % | ||||
Net Stable Funding Ratio (NSFR) | ||||||||
18 | Available stable funding | 44,840.1 | 44,542.7 | 42,608.7 | ||||
19 | Required stable funding | 36,891.4 | 36,620.3 | 35,211.6 | ||||
20 | NSFR | 121.55 % | 121.63 % | 121.01 % |
OV1: Overview of risk weighted assets (RWA)
a | b | c | ||||||
Amounts in millions Swiss francs | RWA 30.06.2026 | RWA 31.12.2025 | Minimum Capital Requirement 30.06.2026 | |||||
1 | Credit risk (excluding CCR – counterparty credit risk) | 23,914.2 | 24,113.5 | 1,913.1 | ||||
2 | of which standardised approach (SA) | 23,914.2 | 24,113.5 | 1,913.1 | ||||
6 | Counterparty credit risk (CCR) | 618.8 | 449.9 | 49.5 | ||||
7 | of which standardised approach for counterparty credit risk (SA-CCR) | 163.4 | 97.5 | 13.1 | ||||
9 | of which: other CCR | 455.3 | 352.4 | 36.4 | ||||
10 | Credit valuation adjustments for derivatives and securities financing transactions (CVA)1) | 146.0 | 114.0 | 11.7 | ||||
13 | Investments in funds – mandate-based approach | 241.9 | 250.7 | 19.3 | ||||
14 | Investments in funds – fall-back approach | 1,596.2 | 1,598.6 | 127.7 | ||||
20 | Market risk | 276.8 | 335.0 | 22.1 | ||||
21 | of which standardised approach (SA) | 276.8 | 335.0 | 22.1 | ||||
24 | Operational risk | 1,032.3 | 1,032.3 | 82.6 | ||||
25 | Amounts below the thresholds for deduction (subject to 250 % risk weight) | 10.1 | 10.3 | 0.8 | ||||
29 | Total | 27,836.2 | 27,904.3 | 2,226.9 |
1)The capital required for the risk of possible value adjustments of derivatives (CVA risk) is calculated according to the standardised approach. CVA = Credit valuation adjustments
The increase in the value of risk-weighted exposures for counterparty credit risk compared to the end of 2025 can be explained by increased activity in securities financing transactions and derivatives business. The decline in risk-weighted positions for market risk in the first half of the year is mainly due to beneficial portfolio migrations and portfolio hedging strategies. Foreign currency risks have decreased among other things. The regulatory capital required for operational risks is recalculated once a year at year-end in accordance with the standardised approach and is generally based on financial reporting data.