SI

Overview

Global bank universe · 53 institutions · US & Europe

Macro EnvironmentFAVORABLE+6 / 20

+2 pts applied to all bank scores

Based on the latest training data, the SRT market in early Q4 2026 is modestly positive.

Signal date: Oct 1, 2026
cre highsme mediumconsumer mediumleveraged loans medium

Key signals (5)

1.Training knowledge: Ongoing Basel IV output floor implementation continues to pressure banks' CET1 ratios, driving structural demand for RWA relief via SRTs.
2.Training knowledge: Large alternative asset managers (e.g., Blackstone, Apollo) have historically maintained active SRT buying programs, indicating continued investor appetite despite no specific recent announcements.
3.Training knowledge: Private credit fund NAVs remain relatively intact, with modest capital inflows into alternative credit, supporting investor-side capacity.
4.Training knowledge: Recent trends show modest widening of leveraged loan spreads and occasional redemption pressures, tempering but not halting SRT demand.
5.Training knowledge: No major regulatory crackdown on SRT structures reported, keeping the market framework stable.

Banks Monitored

53

US & European institutions

High Priority

26

Score ≥ 70 · 15 medium

Avg SRT Score

56

53 of 53 scored

Avg CET1 Ratio

14.4%

Tier 1 capital / RWA proxy

SRT Candidates

10 banks — sorted by srt likelihood score

#BankQuarter
SRT Score
CET1 %
CET1 Trend
Loan Growth YoY
RWA Growth QoQ
Top Exposure
1
Western Alliance Bancorporation
WAL
2026-Q297HIGH11.6%
→
+10.4%+3.0%
CRE25.9%
2
State Street
STT
2026-Q297HIGH14.7%
→
+10.3%+2.7%
CRE6.5%
3
M&T Bank
MTB
2026-Q296HIGH11.8%
0.17
+5.3%+2.2%
SME24.3%
4
OTP Bank
OTPEU
2025-Q290HIGH18.0%
2.18
+3.7%+2.2%
SME34.0%
5
ING Group
INGAEU
2026-Q285HIGH13.1%
—
+8.0%——
6
Goldman Sachs
GS
2026-Q285HIGH13.5%
0.57
+21.1%-1.4%
SME12.1%
7
Citibank
C
2026-Q285HIGH13.8%
→
+8.7%-0.4%
Consumer24.7%
8
JPMorgan Chase
JPM
2026-Q284HIGH15.0%
0.05
+9.5%+2.7%
Consumer18.6%
9
KeyCorp
KEY
2026-Q282HIGH12.3%
0.22
+4.4%+2.1%
SME33.9%
10
Banco BPM
BAMIEU
2025-Q282HIGH14.2%
1.55
+3.1%+0.6%
SME44.0%
Showing 10 of 53 banksView all banks →

Score Distribution

53 scored banks

Low <40
Med 40–79
High 80+

Recent Bank Signals

27 banks · last 7d

OTP

OTP Bank

10
CET1RWAPROV

Blog

BBVA

BBVA

9

JPM

JPMorgan Chase

9

RBI

Raiffeisen Bank International

8

BNP

BNP Paribas

8

STT

State Street

8
CET1RWAPROV

News Release

BAC

Bank of America

8

NWG

NatWest Group

7

GS

Goldman Sachs

6
CET1RWAPROV

gs-20260107

DBK

Deutsche Bank

6

WFC

Wells Fargo

6

MTB

M&T Bank

6
CET1PROV

Document

GLE

Société Générale

5

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