# Banks - Regional — company-by-company sector analysis

> Banks - Regional: Deutsche Bank Aktiengesellschaft owns the largest revenue base; Lloyds Banking Group plc has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-07-28. Not investment advice.

## Bottom line

Banks - Regional has outperformed S&P 500 by 12.3% over 52 weeks and 5.8% over 13 weeks. 15 of 18 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 18 beat the sector itself. Deutsche Bank Aktiengesellschaft leads with income of $30,490 million, based on 5 of 18 comparable companies through Mar 2026.

### Is the Banks - Regional sector outperforming S&P 500?

Banks - Regional has outperformed S&P 500 by 12.3% over 52 weeks and 5.8% over 13 weeks. 15 of 18 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 18 beat the sector itself.

### Which Banks - Regional company is largest by income?

Deutsche Bank Aktiengesellschaft leads with income of $30,490 million, based on 5 of 18 comparable companies through Mar 2026.

### Which Banks - Regional company is growing fastest?

Lloyds Banking Group plc has the fastest current income growth at 46.1%, across 5 of 18 comparable companies.

### Which Banks - Regional company has the strongest 4-Factor Sector Score?

Credicorp Ltd. ranks first at 56.3/100 with 61.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Banks - Regional company has the largest deposit base?

Deutsche Bank Aktiengesellschaft has the largest reported deposit base at $690,797 million. Bank borrowings are operating funding, not industrial leverage.

### Which Banks - Regional company has the lowest comparable P/BV-to-ROE?

Deutsche Bank Aktiengesellschaft has the lowest comparable P/BV ÷ ROE at 0.27, among 18 of 18 companies that pass the metric’s comparability rules.

### How much history does this Banks - Regional comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

## Sector relative strength

Banks - Regional has outperformed S&P 500 by 12.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 5.8%. 15 of 18 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Credicorp Ltd. is the strongest against the sector itself at +11.1%.

13-week sector return versus NIFTY 500: 5.8%
52-week sector return versus NIFTY 500: 12%
Stocks leading NIFTY: 15/18
Stocks leading sector: 10/18

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 18
Combined market value: ₹8.7 L Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Credicorp Ltd. (BAP): 56/100 — Mixed-positive evidence; evidence 62%
   - Growth & earnings 18.9/35 | Capital efficiency 13.7/25 | Valuation 5.7/20 | Relative strength 18.0/20
   - Exact sum: 18.9 + 13.7 + 5.7 + 18 = 56.3
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Lloyds Banking Group plc (LYG): 55/100 — Mixed-positive evidence; evidence 62%
   - Growth & earnings 19.5/35 | Capital efficiency 12.4/25 | Valuation 7.7/20 | Relative strength 14.9/20
   - Exact sum: 19.5 + 12.4 + 7.7 + 14.9 = 54.5
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3. Pinnacle Financial Partners, Inc. (PNFP): 48/100 — Thin evidence · provisional; evidence 51%
   - Growth & earnings 19.1/35 | Capital efficiency 10.8/25 | Valuation 7.0/20 | Relative strength 10.9/20
   - Exact sum: 19.1 + 10.8 + 7 + 10.9 = 47.8
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4. Deutsche Bank Aktiengesellschaft (DB): 44/100 — Mixed-negative evidence; evidence 62%
   - Growth & earnings 18.9/35 | Capital efficiency 10.9/25 | Valuation 8.6/20 | Relative strength 5.6/20
   - Exact sum: 18.9 + 10.9 + 8.6 + 5.6 = 44
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5. Nu Holdings Ltd. (NU): 40/100 — Mixed-negative evidence; evidence 62%
   - Growth & earnings 22.5/35 | Capital efficiency 13.2/25 | Valuation 3.0/20 | Relative strength 1.5/20
   - Exact sum: 22.5 + 13.2 + 3 + 1.5 = 40.2
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6. U.S. Bancorp (USB): 54/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.6/35 | Capital efficiency 12.8/25 | Valuation 6.4/20 | Relative strength 17.4/20
   - Exact sum: 17.6 + 12.8 + 6.4 + 17.4 = 54.2
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7. M&T Bank Corporation (MTB): 54/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.9/35 | Capital efficiency 11.5/25 | Valuation 6.1/20 | Relative strength 18.4/20
   - Exact sum: 17.9 + 11.5 + 6.1 + 18.4 = 53.9
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8. The PNC Financial Services Group, Inc. (PNC): 51/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.9/35 | Capital efficiency 12.8/25 | Valuation 5.3/20 | Relative strength 15.4/20
   - Exact sum: 17.9 + 12.8 + 5.3 + 15.4 = 51.4
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9. First Citizens BancShares, Inc. (FCNCA): 50/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.9/35 | Capital efficiency 12.0/25 | Valuation 8.0/20 | Relative strength 11.8/20
   - Exact sum: 17.9 + 12 + 8 + 11.8 = 49.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
10. NatWest Group plc (NWG): 50/100 — Thin evidence · provisional; evidence 44%
   - Growth & earnings 17.4/35 | Capital efficiency 13.2/25 | Valuation 8.6/20 | Relative strength 10.3/20
   - Exact sum: 17.4 + 13.2 + 8.6 + 10.3 = 49.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11. Citizens Financial Group, Inc. (CFG): 48/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 18.3/35 | Capital efficiency 9.6/25 | Valuation 4.4/20 | Relative strength 15.5/20
   - Exact sum: 18.3 + 9.6 + 4.4 + 15.5 = 47.8
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12. Fifth Third Bancorp (FITB): 48/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 16.4/35 | Capital efficiency 11.5/25 | Valuation 3.8/20 | Relative strength 16.1/20
   - Exact sum: 16.4 + 11.5 + 3.8 + 16.1 = 47.8
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13. Regions Financial Corporation (RF): 45/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 16.6/35 | Capital efficiency 12.0/25 | Valuation 5.1/20 | Relative strength 11.0/20
   - Exact sum: 16.6 + 12 + 5.1 + 11 = 44.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14. East West Bancorp, Inc. (EWBC): 45/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.3/35 | Capital efficiency 13.4/25 | Valuation 4.9/20 | Relative strength 9.0/20
   - Exact sum: 17.3 + 13.4 + 4.9 + 9 = 44.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15. Webster Financial Corporation (WBS): 42/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 15.9/35 | Capital efficiency 10.9/25 | Valuation 4.9/20 | Relative strength 10.2/20
   - Exact sum: 15.9 + 10.9 + 4.9 + 10.2 = 41.9
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16. Truist Financial Corporation (TFC): 40/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 18.3/35 | Capital efficiency 9.1/25 | Valuation 7.5/20 | Relative strength 4.8/20
   - Exact sum: 18.3 + 9.1 + 7.5 + 4.8 = 39.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17. Huntington Bancshares Incorporated (HBAN): 38/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 16.7/35 | Capital efficiency 10.9/25 | Valuation 7.0/20 | Relative strength 3.7/20
   - Exact sum: 16.7 + 10.9 + 7 + 3.7 = 38.3
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18. KeyCorp (KEY): 37/100 — Thin evidence · provisional; evidence 46%
   - Growth & earnings 17.0/35 | Capital efficiency 9.4/25 | Valuation 4.7/20 | Relative strength 5.5/20
   - Exact sum: 17 + 9.4 + 4.7 + 5.5 = 36.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

## Income Scale & Growth Durability

What the numbers say: Deutsche Bank Aktiengesellschaft is the scale leader at $30,490 million, 32.6% ahead of Credicorp Ltd.. Lloyds Banking Group plc's growth is 46.1% from a $19,132 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Deutsche Bank Aktiengesellschaft is the scale benchmark; Lloyds Banking Group plc is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Deutsche Bank Aktiengesellschaft's growth falls below Lloyds Banking Group plc's for two consecutive comparable reports while operating margin also compresses.

Evidence: Deutsche Bank Aktiengesellschaft · $30,490 million | 32.6% versus #2 · Credicorp Ltd. | 8/8 recent comparable periods | 5/18 companies · 323 observations

Definition: For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.

### Income — largest
1. Deutsche Bank Aktiengesellschaft (DB): ₹30.5K Cr
2. Credicorp Ltd. (BAP): ₹23.0K Cr
3. Lloyds Banking Group plc (LYG): ₹19.1K Cr
4. Nu Holdings Ltd. (NU): ₹7.6K Cr
5. Pinnacle Financial Partners, Inc. (PNFP): ₹1.9K Cr — older report

### Income growth — fastest growers
1. Lloyds Banking Group plc (LYG): 46%
2. Nu Holdings Ltd. (NU): 35%
3. Credicorp Ltd. (BAP): 24%
4. Pinnacle Financial Partners, Inc. (PNFP): 22% — older report
5. Deutsche Bank Aktiengesellschaft (DB): 5.2%

### 20-quarter Income history
- PNC: Sep 2021 ₹5.4K Cr | Dec 2021 ₹5.5K Cr | Mar 2022 ₹4.9K Cr | Jun 2022 ₹5.1K Cr | Sep 2022 ₹5.3K Cr | Dec 2022 ₹5.4K Cr | Mar 2023 ₹5.4K Cr | Jun 2023 ₹5.1K Cr | Sep 2023 ₹5.1K Cr | Dec 2023 ₹5.1K Cr | Mar 2024 ₹5.0K Cr | Jun 2024 ₹5.2K Cr | Sep 2024 ₹5.2K Cr | Dec 2024 ₹5.4K Cr | Mar 2025 ₹5.2K Cr | Jun 2025 ₹5.4K Cr | Sep 2025 ₹5.7K Cr | Dec 2025 ₹5.9K Cr | Mar 2026 ₹6.0K Cr | Jun 2026 —
- USB: Sep 2021 ₹6.0K Cr | Dec 2021 ₹5.7K Cr | Mar 2022 ₹5.5K Cr | Jun 2022 ₹5.7K Cr | Sep 2022 ₹5.9K Cr | Dec 2022 ₹5.1K Cr | Mar 2023 ₹6.7K Cr | Jun 2023 ₹6.3K Cr | Sep 2023 ₹6.5K Cr | Dec 2023 ₹6.2K Cr | Mar 2024 ₹6.1K Cr | Jun 2024 ₹6.3K Cr | Sep 2024 ₹6.3K Cr | Dec 2024 ₹6.4K Cr | Mar 2025 ₹6.4K Cr | Jun 2025 ₹6.5K Cr | Sep 2025 ₹6.7K Cr | Dec 2025 ₹6.8K Cr | Mar 2026 ₹6.7K Cr | Jun 2026 —
- LYG: Sep 2021 ₹7.5K Cr | Dec 2021 ₹10.4K Cr | Mar 2022 ₹-2.3K Cr | Jun 2022 ₹-10.1K Cr | Sep 2022 ₹-4.3K Cr | Dec 2022 ₹20.9K Cr | Mar 2023 ₹9.1K Cr | Jun 2023 ₹5.6K Cr | Sep 2023 ₹5.2K Cr | Dec 2023 ₹15.9K Cr | Mar 2024 ₹4.3K Cr | Jun 2024 ₹4.4K Cr | Sep 2024 ₹4.4K Cr | Dec 2024 ₹-160 Cr | Mar 2025 ₹4.4K Cr | Jun 2025 ₹4.6K Cr | Sep 2025 ₹4.7K Cr | Dec 2025 ₹5.0K Cr | Mar 2026 ₹4.9K Cr | Jun 2026 —
- NU: Sep 2021 ₹253 Cr | Dec 2021 ₹259 Cr | Mar 2022 ₹329 Cr | Jun 2022 ₹412 Cr | Sep 2022 ₹472 Cr | Dec 2022 ₹628 Cr | Mar 2023 ₹704 Cr | Jun 2023 ₹825 Cr | Sep 2023 ₹972 Cr | Dec 2023 ₹1.2K Cr | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.4K Cr | Sep 2024 ₹1.4K Cr | Dec 2024 ₹1.4K Cr | Mar 2025 ₹1.4K Cr | Jun 2025 ₹1.6K Cr | Sep 2025 ₹1.9K Cr | Dec 2025 ₹2.1K Cr | Mar 2026 ₹2.0K Cr | Jun 2026 —
- NWG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 ₹4.2K Cr | Mar 2026 ₹4.1K Cr | Jun 2026 —
- DB: Sep 2021 ₹5.9K Cr | Dec 2021 ₹5.6K Cr | Mar 2022 ₹7.0K Cr | Jun 2022 ₹6.4K Cr | Sep 2022 ₹6.6K Cr | Dec 2022 ₹6.0K Cr | Mar 2023 ₹7.3K Cr | Jun 2023 ₹7.0K Cr | Sep 2023 ₹6.9K Cr | Dec 2023 ₹6.2K Cr | Mar 2024 ₹7.3K Cr | Jun 2024 ₹7.1K Cr | Sep 2024 ₹7.0K Cr | Dec 2024 ₹6.8K Cr | Mar 2025 ₹8.1K Cr | Jun 2025 ₹7.4K Cr | Sep 2025 ₹7.6K Cr | Dec 2025 ₹7.3K Cr | Mar 2026 ₹8.2K Cr | Jun 2026 —
- TFC: Sep 2021 ₹5.9K Cr | Dec 2021 ₹5.6K Cr | Mar 2022 ₹5.4K Cr | Jun 2022 ₹5.5K Cr | Sep 2022 ₹5.6K Cr | Dec 2022 ₹5.0K Cr | Mar 2023 ₹4.8K Cr | Jun 2023 ₹4.4K Cr | Sep 2023 ₹4.4K Cr | Dec 2023 ₹4.0K Cr | Mar 2024 ₹4.3K Cr | Jun 2024 ₹-2.1K Cr | Sep 2024 ₹4.6K Cr | Dec 2024 ₹4.1K Cr | Mar 2025 ₹4.4K Cr | Jun 2025 ₹4.5K Cr | Sep 2025 ₹4.8K Cr | Dec 2025 ₹4.4K Cr | Mar 2026 ₹4.7K Cr | Jun 2026 —
- FITB: Sep 2021 ₹2.1K Cr | Dec 2021 ₹2.0K Cr | Mar 2022 ₹1.8K Cr | Jun 2022 ₹1.8K Cr | Sep 2022 ₹2.0K Cr | Dec 2022 ₹1.8K Cr | Mar 2023 ₹2.0K Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹2.0K Cr | Dec 2023 ₹1.9K Cr | Mar 2024 ₹2.0K Cr | Jun 2024 ₹2.0K Cr | Sep 2024 ₹2.0K Cr | Dec 2024 ₹2.0K Cr | Mar 2025 ₹2.0K Cr | Jun 2025 ₹2.1K Cr | Sep 2025 ₹2.1K Cr | Dec 2025 ₹2.3K Cr | Mar 2026 ₹2.6K Cr | Jun 2026 —
- MTB: Sep 2021 ₹1.6K Cr | Dec 2021 ₹1.5K Cr | Mar 2022 ₹1.4K Cr | Jun 2022 ₹1.7K Cr | Sep 2022 ₹2.1K Cr | Dec 2022 ₹2.4K Cr | Mar 2023 ₹2.3K Cr | Jun 2023 ₹2.5K Cr | Sep 2023 ₹2.2K Cr | Dec 2023 ₹2.1K Cr | Mar 2024 ₹2.1K Cr | Jun 2024 ₹2.2K Cr | Sep 2024 ₹2.2K Cr | Dec 2024 ₹2.2K Cr | Mar 2025 ₹2.2K Cr | Jun 2025 ₹2.3K Cr | Sep 2025 ₹2.4K Cr | Dec 2025 ₹2.4K Cr | Mar 2026 ₹2.3K Cr | Jun 2026 —
- HBAN: Sep 2021 ₹2.9K Cr | Dec 2021 ₹2.5K Cr | Mar 2022 ₹2.8K Cr | Jun 2022 ₹2.9K Cr | Sep 2022 ₹3.2K Cr | Dec 2022 ₹3.1K Cr | Mar 2023 ₹3.2K Cr | Jun 2023 ₹3.1K Cr | Sep 2023 ₹3.1K Cr | Dec 2023 ₹4.2K Cr | Mar 2024 ₹2.9K Cr | Jun 2024 ₹3.0K Cr | Sep 2024 ₹3.1K Cr | Dec 2024 ₹4.6K Cr | Mar 2025 ₹3.2K Cr | Jun 2025 ₹3.3K Cr | Sep 2025 ₹3.5K Cr | Dec 2025 ₹5.0K Cr | Mar 2026 ₹4.3K Cr | Jun 2026 —
- BAP: Sep 2021 ₹3.6K Cr | Dec 2021 ₹3.8K Cr | Mar 2022 ₹3.6K Cr | Jun 2022 ₹3.7K Cr | Sep 2022 ₹4.0K Cr | Dec 2022 ₹3.8K Cr | Mar 2023 ₹4.0K Cr | Jun 2023 ₹4.1K Cr | Sep 2023 ₹4.1K Cr | Dec 2023 ₹3.9K Cr | Mar 2024 ₹4.3K Cr | Jun 2024 ₹4.3K Cr | Sep 2024 ₹4.6K Cr | Dec 2024 ₹4.7K Cr | Mar 2025 ₹5.0K Cr | Jun 2025 ₹5.2K Cr | Sep 2025 ₹5.2K Cr | Dec 2025 ₹6.2K Cr | Mar 2026 ₹6.4K Cr | Jun 2026 —
- CFG: Sep 2021 ₹1.7K Cr | Dec 2021 ₹1.7K Cr | Mar 2022 ₹1.6K Cr | Jun 2022 ₹1.8K Cr | Sep 2022 ₹2.1K Cr | Dec 2022 ₹2.1K Cr | Mar 2023 ₹2.0K Cr | Jun 2023 ₹1.9K Cr | Sep 2023 ₹1.8K Cr | Dec 2023 ₹1.8K Cr | Mar 2024 ₹1.8K Cr | Jun 2024 ₹1.8K Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹1.8K Cr | Mar 2025 ₹1.8K Cr | Jun 2025 ₹1.9K Cr | Sep 2025 ₹2.0K Cr | Dec 2025 ₹2.0K Cr | Mar 2026 ₹2.0K Cr | Jun 2026 —
- RF: Sep 2021 ₹1.8K Cr | Dec 2021 ₹1.5K Cr | Mar 2022 ₹1.6K Cr | Jun 2022 ₹1.7K Cr | Sep 2022 ₹1.7K Cr | Dec 2022 ₹1.9K Cr | Mar 2023 ₹1.8K Cr | Jun 2023 ₹1.8K Cr | Sep 2023 ₹1.7K Cr | Dec 2023 ₹1.7K Cr | Mar 2024 ₹1.6K Cr | Jun 2024 ₹1.6K Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹1.8K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.8K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 —
- FCNCA: Sep 2021 ₹464 Cr | Dec 2021 ₹448 Cr | Mar 2022 ₹1.0K Cr | Jun 2022 ₹11.0K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹827 Cr | Mar 2023 ₹10.3K Cr | Jun 2023 ₹2.5K Cr | Sep 2023 ₹2.4K Cr | Dec 2023 ₹2.1K Cr | Mar 2024 ₹2.4K Cr | Jun 2024 ₹2.4K Cr | Sep 2024 ₹2.3K Cr | Dec 2024 ₹2.3K Cr | Mar 2025 ₹2.1K Cr | Jun 2025 ₹2.3K Cr | Sep 2025 ₹2.2K Cr | Dec 2025 ₹2.4K Cr | Mar 2026 ₹2.2K Cr | Jun 2026 —
- KEY: Sep 2021 ₹1.9K Cr | Dec 2021 ₹1.9K Cr | Mar 2022 ₹1.6K Cr | Jun 2022 ₹1.7K Cr | Sep 2022 ₹1.8K Cr | Dec 2022 ₹1.6K Cr | Mar 2023 ₹1.6K Cr | Jun 2023 ₹1.4K Cr | Sep 2023 ₹1.5K Cr | Dec 2023 ₹1.4K Cr | Mar 2024 ₹1.4K Cr | Jun 2024 ₹1.4K Cr | Sep 2024 ₹588 Cr | Dec 2024 ₹816 Cr | Mar 2025 ₹1.6K Cr | Jun 2025 ₹1.7K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.9K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 —
- EWBC: Sep 2021 ₹479 Cr | Dec 2021 ₹487 Cr | Mar 2022 ₹487 Cr | Jun 2022 ₹538 Cr | Sep 2022 ₹600 Cr | Dec 2022 ₹645 Cr | Mar 2023 ₹640 Cr | Jun 2023 ₹619 Cr | Sep 2023 ₹606 Cr | Dec 2023 ₹615 Cr | Mar 2024 ₹619 Cr | Jun 2024 ₹600 Cr | Sep 2024 ₹615 Cr | Dec 2024 ₹606 Cr | Mar 2025 ₹643 Cr | Jun 2025 ₹658 Cr | Sep 2025 ₹742 Cr | Dec 2025 ₹728 Cr | Mar 2026 ₹738 Cr | Jun 2026 —
- PNFP: Sep 2021 ₹338 Cr | Dec 2021 ₹337 Cr | Mar 2022 ₹340 Cr | Jun 2022 ₹377 Cr | Sep 2022 ₹383 Cr | Dec 2022 ₹377 Cr | Mar 2023 ₹383 Cr | Jun 2023 ₹458 Cr | Sep 2023 ₹381 Cr | Dec 2023 ₹380 Cr | Mar 2024 ₹394 Cr | Jun 2024 ₹336 Cr | Sep 2024 ₹440 Cr | Dec 2024 ₹446 Cr | Mar 2025 ₹446 Cr | Jun 2025 ₹481 Cr | Sep 2025 ₹513 Cr | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 ₹236 Cr | Dec 2021 ₹191 Cr | Mar 2022 ₹400 Cr | Jun 2022 ₹501 Cr | Sep 2022 ₹604 Cr | Dec 2022 ₹643 Cr | Mar 2023 ₹716 Cr | Jun 2023 ₹772 Cr | Sep 2023 ₹794 Cr | Dec 2023 ₹789 Cr | Mar 2024 ₹792 Cr | Jun 2024 ₹798 Cr | Sep 2024 ₹536 Cr | Dec 2024 ₹545 Cr | Mar 2025 ₹535 Cr | Jun 2025 ₹775 Cr | Sep 2025 ₹588 Cr | Dec 2025 ₹591 Cr | Mar 2026 ₹580 Cr | Jun 2026 —

### 20-quarter Income growth history
- PNC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 16% | Sep 2022 -1.7% | Dec 2022 -1.8% | Mar 2023 9.6% | Jun 2023 1.3% | Sep 2023 -3.8% | Dec 2023 -4.2% | Mar 2024 -7.0% | Jun 2024 0.6% | Sep 2024 1.7% | Dec 2024 5.5% | Mar 2025 4.9% | Jun 2025 4.5% | Sep 2025 11% | Dec 2025 9.6% | Mar 2026 14% | Jun 2026 —
- USB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -4.3% | Sep 2022 -1.5% | Dec 2022 -9.3% | Mar 2023 23% | Jun 2023 11% | Sep 2023 9.3% | Dec 2023 21% | Mar 2024 -8.7% | Jun 2024 -0.8% | Sep 2024 -3.2% | Dec 2024 3.2% | Mar 2025 4.2% | Jun 2025 3.3% | Sep 2025 7.2% | Dec 2025 5.3% | Mar 2026 4.6% | Jun 2026 —
- LYG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -164% | Sep 2022 -157% | Dec 2022 102% | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -24% | Mar 2024 -52% | Jun 2024 -20% | Sep 2024 -14% | Dec 2024 -101% | Mar 2025 1.3% | Jun 2025 2.6% | Sep 2025 5.9% | Dec 2025 — | Mar 2026 12% | Jun 2026 —
- NU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 110% | Sep 2022 87% | Dec 2022 142% | Mar 2023 114% | Jun 2023 100% | Sep 2023 106% | Dec 2023 92% | Mar 2024 77% | Jun 2024 73% | Sep 2024 45% | Dec 2024 19% | Mar 2025 11% | Jun 2025 14% | Sep 2025 36% | Dec 2025 44% | Mar 2026 44% | Jun 2026 —
- DB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 4.1% | Sep 2022 11% | Dec 2022 5.6% | Mar 2023 3.9% | Jun 2023 9.2% | Sep 2023 4.9% | Dec 2023 3.5% | Mar 2024 0.4% | Jun 2024 1.5% | Sep 2024 1.7% | Dec 2024 10% | Mar 2025 9.7% | Jun 2025 3.8% | Sep 2025 8.8% | Dec 2025 7.8% | Mar 2026 1.2% | Jun 2026 —
- TFC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -9.9% | Sep 2022 -5.2% | Dec 2022 -12% | Mar 2023 -12% | Jun 2023 -19% | Sep 2023 -22% | Dec 2023 -18% | Mar 2024 -9.8% | Jun 2024 -148% | Sep 2024 6.1% | Dec 2024 0.8% | Mar 2025 2.9% | Jun 2025 — | Sep 2025 2.5% | Dec 2025 8.5% | Mar 2026 5.2% | Jun 2026 —
- FITB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -11% | Sep 2022 -2.7% | Dec 2022 -10% | Mar 2023 12% | Jun 2023 9.3% | Sep 2023 1.1% | Dec 2023 1.6% | Mar 2024 -2.4% | Jun 2024 -1.1% | Sep 2024 -3.1% | Dec 2024 8.5% | Mar 2025 -2.2% | Jun 2025 4.4% | Sep 2025 6.7% | Dec 2025 12% | Mar 2026 33% | Jun 2026 —
- MTB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 14% | Sep 2022 37% | Dec 2022 58% | Mar 2023 59% | Jun 2023 46% | Sep 2023 2.7% | Dec 2023 -14% | Mar 2024 -9.9% | Jun 2024 -12% | Sep 2024 1.2% | Dec 2024 8.2% | Mar 2025 5.6% | Jun 2025 5.5% | Sep 2025 8.0% | Dec 2025 4.7% | Mar 2026 5.7% | Jun 2026 —
- HBAN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 54% | Sep 2022 9.8% | Dec 2022 24% | Mar 2023 17% | Jun 2023 5.1% | Sep 2023 -1.8% | Dec 2023 34% | Mar 2024 -9.6% | Jun 2024 -2.6% | Sep 2024 -0.9% | Dec 2024 9.2% | Mar 2025 10% | Jun 2025 9.5% | Sep 2025 13% | Dec 2025 7.8% | Mar 2026 33% | Jun 2026 —
- BAP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 22% | Sep 2022 11% | Dec 2022 2.2% | Mar 2023 11% | Jun 2023 12% | Sep 2023 2.4% | Dec 2023 1.7% | Mar 2024 6.0% | Jun 2024 4.3% | Sep 2024 12% | Dec 2024 21% | Mar 2025 17% | Jun 2025 21% | Sep 2025 15% | Dec 2025 31% | Mar 2026 27% | Jun 2026 —
- CFG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -2.1% | Sep 2022 21% | Dec 2022 19% | Mar 2023 19% | Jun 2023 7.6% | Sep 2023 -10% | Dec 2023 -12% | Mar 2024 -8.8% | Jun 2024 -7.1% | Sep 2024 -6.1% | Dec 2024 0.4% | Mar 2025 -0.3% | Jun 2025 5.2% | Sep 2025 14% | Dec 2025 11% | Mar 2026 14% | Jun 2026 —
- RF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -12% | Sep 2022 -2.1% | Dec 2022 24% | Mar 2023 11% | Jun 2023 9.0% | Sep 2023 -1.2% | Dec 2023 -12% | Mar 2024 -12% | Jun 2024 -11% | Sep 2024 -2.0% | Dec 2024 2.2% | Mar 2025 4.1% | Jun 2025 9.2% | Sep 2025 8.0% | Dec 2025 6.6% | Mar 2026 7.4% | Jun 2026 —
- FCNCA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 1,988% | Sep 2022 168% | Dec 2022 85% | Mar 2023 898% | Jun 2023 -77% | Sep 2023 94% | Dec 2023 152% | Mar 2024 -77% | Jun 2024 -4.2% | Sep 2024 -3.5% | Dec 2024 8.0% | Mar 2025 -9.9% | Jun 2025 -4.5% | Sep 2025 -3.7% | Dec 2025 5.8% | Mar 2026 4.5% | Jun 2026 —
- KEY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -13% | Sep 2022 -7.8% | Dec 2022 -16% | Mar 2023 -2.4% | Jun 2023 -18% | Sep 2023 -17% | Dec 2023 -12% | Mar 2024 -9.4% | Jun 2024 -0.4% | Sep 2024 -60% | Dec 2024 -43% | Mar 2025 16% | Jun 2025 20% | Sep 2025 203% | Dec 2025 132% | Mar 2026 12% | Jun 2026 —
- EWBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 17% | Sep 2022 25% | Dec 2022 32% | Mar 2023 31% | Jun 2023 15% | Sep 2023 1.0% | Dec 2023 -4.7% | Mar 2024 -3.3% | Jun 2024 -3.1% | Sep 2024 1.5% | Dec 2024 -1.5% | Mar 2025 3.9% | Jun 2025 9.7% | Sep 2025 21% | Dec 2025 20% | Mar 2026 15% | Jun 2026 —
- PNFP: Sep 2021 — | Dec 2021 14% | Mar 2022 10% | Jun 2022 15% | Sep 2022 13% | Dec 2022 12% | Mar 2023 13% | Jun 2023 21% | Sep 2023 -0.5% | Dec 2023 0.8% | Mar 2024 2.9% | Jun 2024 -27% | Sep 2024 15% | Dec 2024 17% | Mar 2025 13% | Jun 2025 43% | Sep 2025 17% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 120% | Sep 2022 156% | Dec 2022 237% | Mar 2023 79% | Jun 2023 54% | Sep 2023 31% | Dec 2023 23% | Mar 2024 11% | Jun 2024 3.4% | Sep 2024 -32% | Dec 2024 -31% | Mar 2025 -32% | Jun 2025 -2.9% | Sep 2025 9.7% | Dec 2025 8.4% | Mar 2026 8.4% | Jun 2026 —

## Profit Scale & Acceleration

What the numbers say: Credicorp Ltd. leads with $7,378 million of TTM profit, 1.1% above Deutsche Bank Aktiengesellschaft. Deutsche Bank Aktiengesellschaft shows 79.5% growth from a $7,300 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Credicorp Ltd. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Credicorp Ltd. · $7,378 million | 1.1% versus #2 · Deutsche Bank Aktiengesellschaft | 7/8 recent comparable periods | 5/18 companies · 323 observations

Definition: Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.

### Net profit — largest
1. Credicorp Ltd. (BAP): ₹7.4K Cr
2. Deutsche Bank Aktiengesellschaft (DB): ₹7.3K Cr
3. Lloyds Banking Group plc (LYG): ₹5.2K Cr
4. Nu Holdings Ltd. (NU): ₹3.2K Cr
5. Pinnacle Financial Partners, Inc. (PNFP): ₹623 Cr — older report

### Profit growth — fastest growers
1. Deutsche Bank Aktiengesellschaft (DB): 80%
2. Pinnacle Financial Partners, Inc. (PNFP): 49% — older report
3. Nu Holdings Ltd. (NU): 48%
4. Credicorp Ltd. (BAP): 25%
5. Lloyds Banking Group plc (LYG): 18%

### 20-quarter Net profit history
- PNC: Sep 2021 ₹1.5K Cr | Dec 2021 ₹1.3K Cr | Mar 2022 ₹1.4K Cr | Jun 2022 ₹1.5K Cr | Sep 2022 ₹1.6K Cr | Dec 2022 ₹1.5K Cr | Mar 2023 ₹1.7K Cr | Jun 2023 ₹1.5K Cr | Sep 2023 ₹1.6K Cr | Dec 2023 ₹883 Cr | Mar 2024 ₹1.3K Cr | Jun 2024 ₹1.5K Cr | Sep 2024 ₹1.5K Cr | Dec 2024 ₹1.6K Cr | Mar 2025 ₹1.5K Cr | Jun 2025 ₹1.6K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹2.0K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 —
- USB: Sep 2021 ₹2.0K Cr | Dec 2021 ₹1.7K Cr | Mar 2022 ₹1.6K Cr | Jun 2022 ₹1.5K Cr | Sep 2022 ₹1.8K Cr | Dec 2022 ₹930 Cr | Mar 2023 ₹1.7K Cr | Jun 2023 ₹1.4K Cr | Sep 2023 ₹1.5K Cr | Dec 2023 ₹861 Cr | Mar 2024 ₹1.3K Cr | Jun 2024 ₹1.6K Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹1.8K Cr | Sep 2025 ₹2.0K Cr | Dec 2025 ₹2.1K Cr | Mar 2026 ₹2.0K Cr | Jun 2026 —
- LYG: Sep 2021 ₹1.6K Cr | Dec 2021 ₹420 Cr | Mar 2022 ₹1.1K Cr | Jun 2022 ₹1.3K Cr | Sep 2022 ₹494 Cr | Dec 2022 ₹2.6K Cr | Mar 2023 ₹1.6K Cr | Jun 2023 ₹1.2K Cr | Sep 2023 ₹1.4K Cr | Dec 2023 ₹1.2K Cr | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.2K Cr | Sep 2024 ₹1.3K Cr | Dec 2024 ₹700 Cr | Mar 2025 ₹1.1K Cr | Jun 2025 ₹1.4K Cr | Sep 2025 ₹778 Cr | Dec 2025 ₹1.4K Cr | Mar 2026 ₹1.6K Cr | Jun 2026 —
- NU: Sep 2021 ₹-34 Cr | Dec 2021 ₹-66 Cr | Mar 2022 ₹-45 Cr | Jun 2022 ₹-30 Cr | Sep 2022 ₹8 Cr | Dec 2022 ₹-298 Cr | Mar 2023 ₹142 Cr | Jun 2023 ₹225 Cr | Sep 2023 ₹303 Cr | Dec 2023 ₹361 Cr | Mar 2024 ₹379 Cr | Jun 2024 ₹487 Cr | Sep 2024 ₹553 Cr | Dec 2024 ₹553 Cr | Mar 2025 ₹557 Cr | Jun 2025 ₹637 Cr | Sep 2025 ₹783 Cr | Dec 2025 ₹895 Cr | Mar 2026 ₹871 Cr | Jun 2026 —
- NWG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 ₹1.5K Cr | Mar 2026 ₹1.5K Cr | Jun 2026 —
- DB: Sep 2021 ₹329 Cr | Dec 2021 ₹315 Cr | Mar 2022 ₹1.2K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹2.0K Cr | Mar 2023 ₹1.3K Cr | Jun 2023 ₹940 Cr | Sep 2023 ₹1.2K Cr | Dec 2023 ₹1.4K Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹52 Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹337 Cr | Mar 2025 ₹2.0K Cr | Jun 2025 ₹1.7K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹2.2K Cr | Jun 2026 —
- TFC: Sep 2021 ₹1.7K Cr | Dec 2021 ₹1.6K Cr | Mar 2022 ₹1.4K Cr | Jun 2022 ₹1.5K Cr | Sep 2022 ₹1.6K Cr | Dec 2022 ₹1.7K Cr | Mar 2023 ₹1.4K Cr | Jun 2023 ₹1.2K Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹-5.2K Cr | Mar 2024 ₹1.1K Cr | Jun 2024 ₹-3.9K Cr | Sep 2024 ₹1.4K Cr | Dec 2024 ₹1.3K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹1.2K Cr | Sep 2025 ₹1.5K Cr | Dec 2025 ₹1.4K Cr | Mar 2026 ₹1.5K Cr | Jun 2026 —
- FITB: Sep 2021 ₹704 Cr | Dec 2021 ₹663 Cr | Mar 2022 ₹494 Cr | Jun 2022 ₹562 Cr | Sep 2022 ₹653 Cr | Dec 2022 ₹737 Cr | Mar 2023 ₹558 Cr | Jun 2023 ₹601 Cr | Sep 2023 ₹660 Cr | Dec 2023 ₹530 Cr | Mar 2024 ₹520 Cr | Jun 2024 ₹601 Cr | Sep 2024 ₹573 Cr | Dec 2024 ₹620 Cr | Mar 2025 ₹515 Cr | Jun 2025 ₹628 Cr | Sep 2025 ₹649 Cr | Dec 2025 ₹731 Cr | Mar 2026 ₹165 Cr | Jun 2026 —
- MTB: Sep 2021 ₹495 Cr | Dec 2021 ₹458 Cr | Mar 2022 ₹362 Cr | Jun 2022 ₹218 Cr | Sep 2022 ₹647 Cr | Dec 2022 ₹766 Cr | Mar 2023 ₹702 Cr | Jun 2023 ₹867 Cr | Sep 2023 ₹690 Cr | Dec 2023 ₹482 Cr | Mar 2024 ₹531 Cr | Jun 2024 ₹655 Cr | Sep 2024 ₹721 Cr | Dec 2024 ₹681 Cr | Mar 2025 ₹584 Cr | Jun 2025 ₹716 Cr | Sep 2025 ₹792 Cr | Dec 2025 ₹759 Cr | Mar 2026 ₹664 Cr | Jun 2026 —
- HBAN: Sep 2021 ₹378 Cr | Dec 2021 ₹402 Cr | Mar 2022 ₹462 Cr | Jun 2022 ₹541 Cr | Sep 2022 ₹597 Cr | Dec 2022 ₹649 Cr | Mar 2023 ₹606 Cr | Jun 2023 ₹565 Cr | Sep 2023 ₹552 Cr | Dec 2023 ₹248 Cr | Mar 2024 ₹424 Cr | Jun 2024 ₹480 Cr | Sep 2024 ₹522 Cr | Dec 2024 ₹534 Cr | Mar 2025 ₹531 Cr | Jun 2025 ₹542 Cr | Sep 2025 ₹633 Cr | Dec 2025 ₹523 Cr | Mar 2026 ₹527 Cr | Jun 2026 —
- BAP: Sep 2021 ₹1.2K Cr | Dec 2021 ₹1.1K Cr | Mar 2022 ₹1.2K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.4K Cr | Dec 2022 ₹1.0K Cr | Mar 2023 ₹1.4K Cr | Jun 2023 ₹1.4K Cr | Sep 2023 ₹1.3K Cr | Dec 2023 ₹852 Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹1.4K Cr | Sep 2024 ₹1.6K Cr | Dec 2024 ₹1.2K Cr | Mar 2025 ₹1.8K Cr | Jun 2025 ₹1.9K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹2.1K Cr | Jun 2026 —
- CFG: Sep 2021 ₹530 Cr | Dec 2021 ₹530 Cr | Mar 2022 ₹420 Cr | Jun 2022 ₹364 Cr | Sep 2022 ₹636 Cr | Dec 2022 ₹653 Cr | Mar 2023 ₹511 Cr | Jun 2023 ₹478 Cr | Sep 2023 ₹430 Cr | Dec 2023 ₹189 Cr | Mar 2024 ₹334 Cr | Jun 2024 ₹392 Cr | Sep 2024 ₹382 Cr | Dec 2024 ₹401 Cr | Mar 2025 ₹373 Cr | Jun 2025 ₹436 Cr | Sep 2025 ₹494 Cr | Dec 2025 ₹528 Cr | Mar 2026 ₹517 Cr | Jun 2026 —
- RF: Sep 2021 ₹651 Cr | Dec 2021 ₹438 Cr | Mar 2022 ₹548 Cr | Jun 2022 ₹583 Cr | Sep 2022 ₹429 Cr | Dec 2022 ₹685 Cr | Mar 2023 ₹612 Cr | Jun 2023 ₹581 Cr | Sep 2023 ₹490 Cr | Dec 2023 ₹391 Cr | Mar 2024 ₹368 Cr | Jun 2024 ₹501 Cr | Sep 2024 ₹490 Cr | Dec 2024 ₹534 Cr | Mar 2025 ₹490 Cr | Jun 2025 ₹563 Cr | Sep 2025 ₹569 Cr | Dec 2025 ₹534 Cr | Mar 2026 ₹559 Cr | Jun 2026 —
- FCNCA: Sep 2021 ₹124 Cr | Dec 2021 ₹123 Cr | Mar 2022 ₹271 Cr | Jun 2022 ₹255 Cr | Sep 2022 ₹315 Cr | Dec 2022 ₹257 Cr | Mar 2023 ₹9.5K Cr | Jun 2023 ₹682 Cr | Sep 2023 ₹752 Cr | Dec 2023 ₹514 Cr | Mar 2024 ₹731 Cr | Jun 2024 ₹707 Cr | Sep 2024 ₹639 Cr | Dec 2024 ₹700 Cr | Mar 2025 ₹483 Cr | Jun 2025 ₹575 Cr | Sep 2025 ₹568 Cr | Dec 2025 ₹580 Cr | Mar 2026 ₹534 Cr | Jun 2026 —
- KEY: Sep 2021 ₹643 Cr | Dec 2021 ₹627 Cr | Mar 2022 ₹447 Cr | Jun 2022 ₹530 Cr | Sep 2022 ₹540 Cr | Dec 2022 ₹394 Cr | Mar 2023 ₹311 Cr | Jun 2023 ₹286 Cr | Sep 2023 ₹302 Cr | Dec 2023 ₹65 Cr | Mar 2024 ₹219 Cr | Jun 2024 ₹273 Cr | Sep 2024 ₹-411 Cr | Dec 2024 ₹-244 Cr | Mar 2025 ₹406 Cr | Jun 2025 ₹423 Cr | Sep 2025 ₹490 Cr | Dec 2025 ₹509 Cr | Mar 2026 ₹522 Cr | Jun 2026 —
- EWBC: Sep 2021 ₹225 Cr | Dec 2021 ₹218 Cr | Mar 2022 ₹238 Cr | Jun 2022 ₹258 Cr | Sep 2022 ₹295 Cr | Dec 2022 ₹337 Cr | Mar 2023 ₹322 Cr | Jun 2023 ₹312 Cr | Sep 2023 ₹288 Cr | Dec 2023 ₹239 Cr | Mar 2024 ₹285 Cr | Jun 2024 ₹288 Cr | Sep 2024 ₹299 Cr | Dec 2024 ₹293 Cr | Mar 2025 ₹290 Cr | Jun 2025 ₹310 Cr | Sep 2025 ₹368 Cr | Dec 2025 ₹356 Cr | Mar 2026 ₹358 Cr | Jun 2026 —
- PNFP: Sep 2021 ₹137 Cr | Dec 2021 ₹134 Cr | Mar 2022 ₹129 Cr | Jun 2022 ₹145 Cr | Sep 2022 ₹149 Cr | Dec 2022 ₹138 Cr | Mar 2023 ₹137 Cr | Jun 2023 ₹197 Cr | Sep 2023 ₹133 Cr | Dec 2023 ₹95 Cr | Mar 2024 ₹124 Cr | Jun 2024 ₹53 Cr | Sep 2024 ₹147 Cr | Dec 2024 ₹151 Cr | Mar 2025 ₹140 Cr | Jun 2025 ₹159 Cr | Sep 2025 ₹173 Cr | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 ₹236 Cr | Dec 2021 ₹191 Cr | Mar 2022 ₹400 Cr | Jun 2022 ₹501 Cr | Sep 2022 ₹604 Cr | Dec 2022 ₹643 Cr | Mar 2023 ₹716 Cr | Jun 2023 ₹772 Cr | Sep 2023 ₹794 Cr | Dec 2023 ₹789 Cr | Mar 2024 ₹792 Cr | Jun 2024 ₹798 Cr | Sep 2024 ₹193 Cr | Dec 2024 ₹178 Cr | Mar 2025 ₹227 Cr | Jun 2025 ₹775 Cr | Sep 2025 ₹261 Cr | Dec 2025 ₹256 Cr | Mar 2026 ₹246 Cr | Jun 2026 —

### 20-quarter Profit growth history
- PNC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 36% | Sep 2022 10% | Dec 2022 19% | Mar 2023 19% | Jun 2023 0.3% | Sep 2023 -4.3% | Dec 2023 -43% | Mar 2024 -21% | Jun 2024 -1.5% | Sep 2024 -4.1% | Dec 2024 84% | Mar 2025 12% | Jun 2025 11% | Sep 2025 21% | Dec 2025 25% | Mar 2026 18% | Jun 2026 —
- USB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -23% | Sep 2022 -11% | Dec 2022 -45% | Mar 2023 9.4% | Jun 2023 -11% | Sep 2023 -16% | Dec 2023 -7.4% | Mar 2024 -22% | Jun 2024 18% | Sep 2024 13% | Dec 2024 94% | Mar 2025 29% | Jun 2025 13% | Sep 2025 17% | Dec 2025 23% | Mar 2026 14% | Jun 2026 —
- LYG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -47% | Sep 2022 -69% | Dec 2022 522% | Mar 2023 43% | Jun 2023 -6.1% | Sep 2023 187% | Dec 2023 -53% | Mar 2024 -26% | Jun 2024 0.5% | Sep 2024 -6.1% | Dec 2024 -43% | Mar 2025 -6.7% | Jun 2025 15% | Sep 2025 -42% | Dec 2025 105% | Mar 2026 37% | Jun 2026 —
- NU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 3,688% | Dec 2023 — | Mar 2024 167% | Jun 2024 116% | Sep 2024 83% | Dec 2024 53% | Mar 2025 47% | Jun 2025 31% | Sep 2025 42% | Dec 2025 62% | Mar 2026 56% | Jun 2026 —
- DB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 46% | Sep 2022 278% | Dec 2022 528% | Mar 2023 7.7% | Jun 2023 -22% | Sep 2023 -3.3% | Dec 2023 -28% | Mar 2024 9.8% | Jun 2024 -94% | Sep 2024 39% | Dec 2024 -76% | Mar 2025 39% | Jun 2025 3,233% | Sep 2025 9.3% | Dec 2025 367% | Mar 2026 8.1% | Jun 2026 —
- TFC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -7.6% | Sep 2022 -3.9% | Dec 2022 5.0% | Mar 2023 -0.4% | Jun 2023 -24% | Sep 2023 -32% | Dec 2023 -409% | Mar 2024 -20% | Jun 2024 -434% | Sep 2024 30% | Dec 2024 — | Mar 2025 11% | Jun 2025 — | Sep 2025 0.9% | Dec 2025 5.0% | Mar 2026 17% | Jun 2026 —
- FITB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -21% | Sep 2022 -7.2% | Dec 2022 11% | Mar 2023 13% | Jun 2023 6.9% | Sep 2023 1.1% | Dec 2023 -28% | Mar 2024 -6.8% | Jun 2024 0.0% | Sep 2024 -13% | Dec 2024 17% | Mar 2025 -1.0% | Jun 2025 4.5% | Sep 2025 13% | Dec 2025 18% | Mar 2026 -68% | Jun 2026 —
- MTB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -52% | Sep 2022 31% | Dec 2022 67% | Mar 2023 94% | Jun 2023 298% | Sep 2023 6.7% | Dec 2023 -37% | Mar 2024 -24% | Jun 2024 -24% | Sep 2024 4.5% | Dec 2024 41% | Mar 2025 10.0% | Jun 2025 9.3% | Sep 2025 9.9% | Dec 2025 11% | Mar 2026 14% | Jun 2026 —
- HBAN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 58% | Dec 2022 61% | Mar 2023 31% | Jun 2023 4.4% | Sep 2023 -7.5% | Dec 2023 -62% | Mar 2024 -30% | Jun 2024 -15% | Sep 2024 -5.4% | Dec 2024 115% | Mar 2025 25% | Jun 2025 13% | Sep 2025 21% | Dec 2025 -2.1% | Mar 2026 -0.8% | Jun 2026 —
- BAP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 63% | Sep 2022 14% | Dec 2022 -4.9% | Mar 2023 18% | Jun 2023 22% | Sep 2023 -6.7% | Dec 2023 -18% | Mar 2024 9.1% | Jun 2024 -4.4% | Sep 2024 23% | Dec 2024 36% | Mar 2025 18% | Jun 2025 36% | Sep 2025 14% | Dec 2025 40% | Mar 2026 16% | Jun 2026 —
- CFG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -44% | Sep 2022 20% | Dec 2022 23% | Mar 2023 22% | Jun 2023 31% | Sep 2023 -32% | Dec 2023 -71% | Mar 2024 -35% | Jun 2024 -18% | Sep 2024 -11% | Dec 2024 112% | Mar 2025 12% | Jun 2025 11% | Sep 2025 29% | Dec 2025 32% | Mar 2026 39% | Jun 2026 —
- RF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -26% | Sep 2022 -34% | Dec 2022 56% | Mar 2023 12% | Jun 2023 -0.3% | Sep 2023 14% | Dec 2023 -43% | Mar 2024 -40% | Jun 2024 -14% | Sep 2024 0.0% | Dec 2024 37% | Mar 2025 33% | Jun 2025 12% | Sep 2025 16% | Dec 2025 0.0% | Mar 2026 14% | Jun 2026 —
- FCNCA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 67% | Sep 2022 154% | Dec 2022 109% | Mar 2023 3,412% | Jun 2023 167% | Sep 2023 139% | Dec 2023 100% | Mar 2024 -92% | Jun 2024 3.7% | Sep 2024 -15% | Dec 2024 36% | Mar 2025 -34% | Jun 2025 -19% | Sep 2025 -11% | Dec 2025 -17% | Mar 2026 11% | Jun 2026 —
- KEY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -27% | Sep 2022 -16% | Dec 2022 -37% | Mar 2023 -30% | Jun 2023 -46% | Sep 2023 -44% | Dec 2023 -84% | Mar 2024 -30% | Jun 2024 -4.6% | Sep 2024 -236% | Dec 2024 -475% | Mar 2025 85% | Jun 2025 55% | Sep 2025 — | Dec 2025 — | Mar 2026 29% | Jun 2026 —
- EWBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 15% | Sep 2022 31% | Dec 2022 55% | Mar 2023 35% | Jun 2023 21% | Sep 2023 -2.4% | Dec 2023 -29% | Mar 2024 -11% | Jun 2024 -7.7% | Sep 2024 3.8% | Dec 2024 23% | Mar 2025 1.8% | Jun 2025 7.6% | Sep 2025 23% | Dec 2025 22% | Mar 2026 23% | Jun 2026 —
- PNFP: Sep 2021 — | Dec 2021 21% | Mar 2022 3.2% | Jun 2022 9.9% | Sep 2022 8.8% | Dec 2022 3.0% | Mar 2023 6.2% | Jun 2023 36% | Sep 2023 -11% | Dec 2023 -31% | Mar 2024 -9.5% | Jun 2024 -73% | Sep 2024 11% | Dec 2024 59% | Mar 2025 13% | Jun 2025 200% | Sep 2025 18% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 120% | Sep 2022 156% | Dec 2022 237% | Mar 2023 79% | Jun 2023 54% | Sep 2023 31% | Dec 2023 23% | Mar 2024 11% | Jun 2024 3.4% | Sep 2024 -76% | Dec 2024 -77% | Mar 2025 -71% | Jun 2025 -2.9% | Sep 2025 35% | Dec 2025 44% | Mar 2026 8.4% | Jun 2026 —

## Funding Base & Its Composition

What the numbers say: Deutsche Bank Aktiengesellschaft leads both deposits at $690,797 million and borrowings at $113,446 million.

Investor read: Deutsche Bank Aktiengesellschaft sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

Evidence: Deutsche Bank Aktiengesellschaft · $690,797 million | 29.8% versus #2 · U.S. Bancorp | 8/8 recent comparable periods | 18/18 companies · 352 observations

Definition: For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.

### Deposits — largest deposit bases
1. Deutsche Bank Aktiengesellschaft (DB): ₹6.9 L Cr
2. U.S. Bancorp (USB): ₹5.3 L Cr
3. Lloyds Banking Group plc (LYG): ₹5.0 L Cr
4. The PNC Financial Services Group, Inc. (PNC): ₹4.5 L Cr
5. Truist Financial Corporation (TFC): ₹4.1 L Cr

### Borrowings — largest borrowings
1. Deutsche Bank Aktiengesellschaft (DB): ₹1.1 L Cr
2. Lloyds Banking Group plc (LYG): ₹1.0 L Cr
3. U.S. Bancorp (USB): ₹58.7K Cr
4. Truist Financial Corporation (TFC): ₹43.0K Cr
5. The PNC Financial Services Group, Inc. (PNC): ₹42.5K Cr

### 20-quarter Deposits history
- PNC: Sep 2021 ₹4.5 L Cr | Dec 2021 ₹4.6 L Cr | Mar 2022 ₹4.5 L Cr | Jun 2022 ₹4.4 L Cr | Sep 2022 ₹4.4 L Cr | Dec 2022 ₹4.4 L Cr | Mar 2023 ₹4.4 L Cr | Jun 2023 ₹4.3 L Cr | Sep 2023 ₹4.2 L Cr | Dec 2023 ₹4.2 L Cr | Mar 2024 ₹4.3 L Cr | Jun 2024 ₹4.2 L Cr | Sep 2024 ₹4.2 L Cr | Dec 2024 ₹4.3 L Cr | Mar 2025 ₹4.2 L Cr | Jun 2025 ₹4.3 L Cr | Sep 2025 ₹4.3 L Cr | Dec 2025 ₹4.4 L Cr | Mar 2026 ₹4.6 L Cr | Jun 2026 ₹4.5 L Cr
- USB: Sep 2021 ₹4.4 L Cr | Dec 2021 ₹4.6 L Cr | Mar 2022 ₹4.6 L Cr | Jun 2022 ₹4.7 L Cr | Sep 2022 ₹4.7 L Cr | Dec 2022 ₹5.2 L Cr | Mar 2023 ₹5.1 L Cr | Jun 2023 ₹5.2 L Cr | Sep 2023 ₹5.2 L Cr | Dec 2023 ₹5.1 L Cr | Mar 2024 ₹5.3 L Cr | Jun 2024 ₹5.2 L Cr | Sep 2024 ₹5.2 L Cr | Dec 2024 ₹5.2 L Cr | Mar 2025 ₹5.1 L Cr | Jun 2025 ₹5.2 L Cr | Sep 2025 ₹5.3 L Cr | Dec 2025 ₹5.2 L Cr | Mar 2026 ₹5.3 L Cr | Jun 2026 ₹5.3 L Cr
- LYG: Sep 2021 ₹4.9 L Cr | Dec 2021 ₹4.8 L Cr | Mar 2022 ₹4.8 L Cr | Jun 2022 ₹4.8 L Cr | Sep 2022 ₹4.8 L Cr | Dec 2022 ₹4.8 L Cr | Mar 2023 ₹4.7 L Cr | Jun 2023 ₹4.7 L Cr | Sep 2023 ₹4.7 L Cr | Dec 2023 ₹4.7 L Cr | Mar 2024 ₹4.7 L Cr | Jun 2024 ₹4.7 L Cr | Sep 2024 ₹4.5 L Cr | Dec 2024 ₹4.8 L Cr | Mar 2025 ₹4.9 L Cr | Jun 2025 ₹4.9 L Cr | Sep 2025 ₹5.0 L Cr | Dec 2025 ₹5.0 L Cr | Mar 2026 ₹5.0 L Cr | Jun 2026 —
- NU: Sep 2021 ₹8.1K Cr | Dec 2021 ₹9.7K Cr | Mar 2022 ₹12.6K Cr | Jun 2022 ₹13.3K Cr | Sep 2022 ₹14.0K Cr | Dec 2022 ₹15.8K Cr | Mar 2023 ₹15.8K Cr | Jun 2023 ₹18.0K Cr | Sep 2023 ₹19.1K Cr | Dec 2023 ₹23.7K Cr | Mar 2024 ₹24.3K Cr | Jun 2024 ₹25.2K Cr | Sep 2024 ₹28.3K Cr | Dec 2024 ₹28.9K Cr | Mar 2025 ₹31.6K Cr | Jun 2025 ₹36.6K Cr | Sep 2025 ₹38.8K Cr | Dec 2025 ₹41.9K Cr | Mar 2026 ₹42.4K Cr | Jun 2026 —
- NWG: Sep 2021 ₹17.4K Cr | Dec 2021 ₹26.3K Cr | Mar 2022 ₹22.0K Cr | Jun 2022 ₹24.9K Cr | Sep 2022 ₹24.7K Cr | Dec 2022 ₹20.4K Cr | Mar 2023 ₹20.9K Cr | Jun 2023 ₹21.7K Cr | Sep 2023 ₹24.4K Cr | Dec 2023 ₹22.2K Cr | Mar 2024 ₹21.6K Cr | Jun 2024 ₹25.6K Cr | Sep 2024 ₹31.7K Cr | Dec 2024 ₹31.5K Cr | Mar 2025 ₹34.1K Cr | Jun 2025 ₹38.1K Cr | Sep 2025 ₹45.0K Cr | Dec 2025 ₹44.1K Cr | Mar 2026 ₹48.2K Cr | Jun 2026 —
- DB: Sep 2021 ₹5.9 L Cr | Dec 2021 ₹6.0 L Cr | Mar 2022 ₹6.0 L Cr | Jun 2022 ₹6.1 L Cr | Sep 2022 ₹6.3 L Cr | Dec 2022 ₹6.2 L Cr | Mar 2023 ₹5.9 L Cr | Jun 2023 ₹5.9 L Cr | Sep 2023 ₹6.1 L Cr | Dec 2023 ₹6.2 L Cr | Mar 2024 ₹6.3 L Cr | Jun 2024 ₹6.5 L Cr | Sep 2024 ₹6.5 L Cr | Dec 2024 ₹6.7 L Cr | Mar 2025 ₹6.6 L Cr | Jun 2025 ₹6.5 L Cr | Sep 2025 ₹6.6 L Cr | Dec 2025 ₹6.9 L Cr | Mar 2026 ₹6.9 L Cr | Jun 2026 —
- TFC: Sep 2021 ₹4.1 L Cr | Dec 2021 ₹4.2 L Cr | Mar 2022 ₹4.3 L Cr | Jun 2022 ₹4.2 L Cr | Sep 2022 ₹4.2 L Cr | Dec 2022 ₹4.1 L Cr | Mar 2023 ₹4.0 L Cr | Jun 2023 ₹4.1 L Cr | Sep 2023 ₹4.0 L Cr | Dec 2023 ₹4.0 L Cr | Mar 2024 ₹3.9 L Cr | Jun 2024 ₹3.9 L Cr | Sep 2024 ₹3.9 L Cr | Dec 2024 ₹3.9 L Cr | Mar 2025 ₹4.0 L Cr | Jun 2025 ₹4.1 L Cr | Sep 2025 ₹3.9 L Cr | Dec 2025 ₹4.0 L Cr | Mar 2026 ₹4.0 L Cr | Jun 2026 ₹4.1 L Cr
- FITB: Sep 2021 ₹1.7 L Cr | Dec 2021 ₹1.7 L Cr | Mar 2022 ₹1.7 L Cr | Jun 2022 ₹1.6 L Cr | Sep 2022 ₹1.6 L Cr | Dec 2022 ₹1.6 L Cr | Mar 2023 ₹1.6 L Cr | Jun 2023 ₹1.6 L Cr | Sep 2023 ₹1.7 L Cr | Dec 2023 ₹1.7 L Cr | Mar 2024 ₹1.7 L Cr | Jun 2024 ₹1.7 L Cr | Sep 2024 ₹1.7 L Cr | Dec 2024 ₹1.7 L Cr | Mar 2025 ₹1.7 L Cr | Jun 2025 ₹1.6 L Cr | Sep 2025 ₹1.7 L Cr | Dec 2025 ₹1.7 L Cr | Mar 2026 ₹2.3 L Cr | Jun 2026 ₹2.3 L Cr
- MTB: Sep 2021 ₹1.3 L Cr | Dec 2021 ₹1.3 L Cr | Mar 2022 ₹1.3 L Cr | Jun 2022 ₹1.7 L Cr | Sep 2022 ₹1.6 L Cr | Dec 2022 ₹1.6 L Cr | Mar 2023 ₹1.6 L Cr | Jun 2023 ₹1.6 L Cr | Sep 2023 ₹1.6 L Cr | Dec 2023 ₹1.6 L Cr | Mar 2024 ₹1.7 L Cr | Jun 2024 ₹1.6 L Cr | Sep 2024 ₹1.6 L Cr | Dec 2024 ₹1.6 L Cr | Mar 2025 ₹1.7 L Cr | Jun 2025 ₹1.6 L Cr | Sep 2025 ₹1.6 L Cr | Dec 2025 ₹1.7 L Cr | Mar 2026 ₹1.6 L Cr | Jun 2026 ₹1.7 L Cr
- HBAN: Sep 2021 ₹1.4 L Cr | Dec 2021 ₹1.4 L Cr | Mar 2022 ₹1.5 L Cr | Jun 2022 ₹1.5 L Cr | Sep 2022 ₹1.5 L Cr | Dec 2022 ₹1.5 L Cr | Mar 2023 ₹1.5 L Cr | Jun 2023 ₹1.5 L Cr | Sep 2023 ₹1.5 L Cr | Dec 2023 ₹1.5 L Cr | Mar 2024 ₹1.5 L Cr | Jun 2024 ₹1.5 L Cr | Sep 2024 ₹1.6 L Cr | Dec 2024 ₹1.6 L Cr | Mar 2025 ₹1.7 L Cr | Jun 2025 ₹1.6 L Cr | Sep 2025 ₹1.7 L Cr | Dec 2025 ₹1.8 L Cr | Mar 2026 ₹2.2 L Cr | Jun 2026 ₹2.2 L Cr
- BAP: Sep 2021 ₹1.5 L Cr | Dec 2021 ₹1.5 L Cr | Mar 2022 ₹1.5 L Cr | Jun 2022 ₹1.5 L Cr | Sep 2022 ₹1.5 L Cr | Dec 2022 ₹1.5 L Cr | Mar 2023 ₹1.5 L Cr | Jun 2023 ₹1.4 L Cr | Sep 2023 ₹1.5 L Cr | Dec 2023 ₹1.5 L Cr | Mar 2024 ₹1.5 L Cr | Jun 2024 ₹1.5 L Cr | Sep 2024 ₹1.5 L Cr | Dec 2024 ₹1.6 L Cr | Mar 2025 ₹1.6 L Cr | Jun 2025 ₹1.5 L Cr | Sep 2025 ₹1.6 L Cr | Dec 2025 ₹1.7 L Cr | Mar 2026 ₹1.8 L Cr | Jun 2026 —
- CFG: Sep 2021 ₹1.5 L Cr | Dec 2021 ₹1.5 L Cr | Mar 2022 ₹1.6 L Cr | Jun 2022 ₹1.8 L Cr | Sep 2022 ₹1.8 L Cr | Dec 2022 ₹1.8 L Cr | Mar 2023 ₹1.7 L Cr | Jun 2023 ₹1.8 L Cr | Sep 2023 ₹1.8 L Cr | Dec 2023 ₹1.8 L Cr | Mar 2024 ₹1.8 L Cr | Jun 2024 ₹1.8 L Cr | Sep 2024 ₹1.8 L Cr | Dec 2024 ₹1.7 L Cr | Mar 2025 ₹1.8 L Cr | Jun 2025 ₹1.8 L Cr | Sep 2025 ₹1.8 L Cr | Dec 2025 ₹1.8 L Cr | Mar 2026 ₹1.8 L Cr | Jun 2026 ₹1.9 L Cr
- RF: Sep 2021 ₹1.3 L Cr | Dec 2021 ₹1.4 L Cr | Mar 2022 ₹1.4 L Cr | Jun 2022 ₹1.4 L Cr | Sep 2022 ₹1.4 L Cr | Dec 2022 ₹1.3 L Cr | Mar 2023 ₹1.3 L Cr | Jun 2023 ₹1.3 L Cr | Sep 2023 ₹1.3 L Cr | Dec 2023 ₹1.3 L Cr | Mar 2024 ₹1.3 L Cr | Jun 2024 ₹1.3 L Cr | Sep 2024 ₹1.3 L Cr | Dec 2024 ₹1.3 L Cr | Mar 2025 ₹1.3 L Cr | Jun 2025 ₹1.3 L Cr | Sep 2025 ₹1.3 L Cr | Dec 2025 ₹1.3 L Cr | Mar 2026 ₹1.3 L Cr | Jun 2026 ₹1.3 L Cr
- FCNCA: Sep 2021 ₹50.1K Cr | Dec 2021 ₹51.4K Cr | Mar 2022 ₹91.6K Cr | Jun 2022 ₹89.3K Cr | Sep 2022 ₹87.6K Cr | Dec 2022 ₹89.4K Cr | Mar 2023 ₹1.4 L Cr | Jun 2023 ₹1.4 L Cr | Sep 2023 ₹1.5 L Cr | Dec 2023 ₹1.5 L Cr | Mar 2024 ₹1.5 L Cr | Jun 2024 ₹1.5 L Cr | Sep 2024 ₹1.5 L Cr | Dec 2024 ₹1.6 L Cr | Mar 2025 ₹1.6 L Cr | Jun 2025 ₹1.6 L Cr | Sep 2025 ₹1.6 L Cr | Dec 2025 ₹1.6 L Cr | Mar 2026 ₹1.7 L Cr | Jun 2026 ₹1.7 L Cr
- KEY: Sep 2021 ₹1.5 L Cr | Dec 2021 ₹1.5 L Cr | Mar 2022 ₹1.5 L Cr | Jun 2022 ₹1.5 L Cr | Sep 2022 ₹1.4 L Cr | Dec 2022 ₹1.4 L Cr | Mar 2023 ₹1.4 L Cr | Jun 2023 ₹1.5 L Cr | Sep 2023 ₹1.4 L Cr | Dec 2023 ₹1.5 L Cr | Mar 2024 ₹1.4 L Cr | Jun 2024 ₹1.5 L Cr | Sep 2024 ₹1.5 L Cr | Dec 2024 ₹1.5 L Cr | Mar 2025 ₹1.5 L Cr | Jun 2025 ₹1.5 L Cr | Sep 2025 ₹1.5 L Cr | Dec 2025 ₹1.5 L Cr | Mar 2026 ₹1.5 L Cr | Jun 2026 ₹1.5 L Cr
- EWBC: Sep 2021 ₹53.4K Cr | Dec 2021 ₹53.4K Cr | Mar 2022 ₹54.9K Cr | Jun 2022 ₹54.3K Cr | Sep 2022 ₹53.9K Cr | Dec 2022 ₹56.0K Cr | Mar 2023 ₹54.7K Cr | Jun 2023 ₹55.7K Cr | Sep 2023 ₹55.1K Cr | Dec 2023 ₹56.1K Cr | Mar 2024 ₹58.6K Cr | Jun 2024 ₹60.0K Cr | Sep 2024 ₹61.7K Cr | Dec 2024 ₹63.2K Cr | Mar 2025 ₹63.1K Cr | Jun 2025 ₹65.0K Cr | Sep 2025 ₹66.6K Cr | Dec 2025 ₹67.1K Cr | Mar 2026 ₹68.9K Cr | Jun 2026 ₹70.1K Cr
- PNFP: Sep 2021 ₹29.4K Cr | Dec 2021 ₹31.3K Cr | Mar 2022 ₹32.3K Cr | Jun 2022 ₹32.6K Cr | Sep 2022 ₹33.7K Cr | Dec 2022 ₹35.0K Cr | Mar 2023 ₹36.2K Cr | Jun 2023 ₹37.7K Cr | Sep 2023 ₹38.3K Cr | Dec 2023 ₹38.5K Cr | Mar 2024 ₹39.4K Cr | Jun 2024 ₹39.8K Cr | Sep 2024 ₹41.0K Cr | Dec 2024 ₹42.8K Cr | Mar 2025 ₹44.5K Cr | Jun 2025 ₹45.0K Cr | Sep 2025 ₹45.7K Cr | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 ₹30.0K Cr | Dec 2021 ₹29.8K Cr | Mar 2022 ₹54.4K Cr | Jun 2022 ₹53.1K Cr | Sep 2022 ₹54.0K Cr | Dec 2022 ₹54.1K Cr | Mar 2023 ₹55.3K Cr | Jun 2023 ₹58.7K Cr | Sep 2023 ₹60.3K Cr | Dec 2023 ₹60.8K Cr | Mar 2024 ₹60.7K Cr | Jun 2024 ₹62.3K Cr | Sep 2024 ₹64.5K Cr | Dec 2024 ₹64.8K Cr | Mar 2025 ₹65.6K Cr | Jun 2025 ₹66.3K Cr | Sep 2025 ₹68.2K Cr | Dec 2025 ₹68.8K Cr | Mar 2026 ₹69.0K Cr | Jun 2026 ₹70.3K Cr

### 20-quarter Borrowings history
- PNC: Sep 2021 ₹30.1K Cr | Dec 2021 ₹27.7K Cr | Mar 2022 ₹10.4K Cr | Jun 2022 ₹21.8K Cr | Sep 2022 ₹20.6K Cr | Dec 2022 ₹23.0K Cr | Mar 2023 ₹25.3K Cr | Jun 2023 ₹27.6K Cr | Sep 2023 ₹27.1K Cr | Dec 2023 ₹31.7K Cr | Mar 2024 ₹32.7K Cr | Jun 2024 ₹33.7K Cr | Sep 2024 ₹36.7K Cr | Dec 2024 ₹36.6K Cr | Mar 2025 ₹39.2K Cr | Jun 2025 ₹39.2K Cr | Sep 2025 ₹42.2K Cr | Dec 2025 ₹41.7K Cr | Mar 2026 ₹42.5K Cr | Jun 2026 ₹42.5K Cr
- USB: Sep 2021 ₹35.7K Cr | Dec 2021 ₹32.1K Cr | Mar 2022 ₹32.9K Cr | Jun 2022 ₹29.4K Cr | Sep 2022 ₹32.2K Cr | Dec 2022 ₹39.8K Cr | Mar 2023 ₹42.0K Cr | Jun 2023 ₹45.3K Cr | Sep 2023 ₹43.1K Cr | Dec 2023 ₹51.5K Cr | Mar 2024 ₹52.7K Cr | Jun 2024 ₹52.7K Cr | Sep 2024 ₹54.8K Cr | Dec 2024 ₹58.0K Cr | Mar 2025 ₹59.9K Cr | Jun 2025 ₹64.0K Cr | Sep 2025 ₹62.5K Cr | Dec 2025 ₹60.8K Cr | Mar 2026 ₹61.4K Cr | Jun 2026 ₹58.7K Cr
- LYG: Sep 2021 ₹94.0K Cr | Dec 2021 ₹86.0K Cr | Mar 2022 ₹88.8K Cr | Jun 2022 ₹86.3K Cr | Sep 2022 ₹82.7K Cr | Dec 2022 ₹85.8K Cr | Mar 2023 ₹87.6K Cr | Jun 2023 ₹90.5K Cr | Sep 2023 ₹92.6K Cr | Dec 2023 ₹87.2K Cr | Mar 2024 ₹87.1K Cr | Jun 2024 ₹87.0K Cr | Sep 2024 ₹52.3K Cr | Dec 2024 ₹83.0K Cr | Mar 2025 ₹77.3K Cr | Jun 2025 ₹81.1K Cr | Sep 2025 ₹88.3K Cr | Dec 2025 ₹90.3K Cr | Mar 2026 ₹1.0 L Cr | Jun 2026 —
- NU: Sep 2021 ₹174 Cr | Dec 2021 ₹169 Cr | Mar 2022 ₹168 Cr | Jun 2022 ₹489 Cr | Sep 2022 ₹487 Cr | Dec 2022 ₹597 Cr | Mar 2023 ₹654 Cr | Jun 2023 ₹768 Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹1.1K Cr | Mar 2024 ₹1.4K Cr | Jun 2024 ₹1.7K Cr | Sep 2024 ₹1.5K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹2.3K Cr | Sep 2025 ₹3.1K Cr | Dec 2025 ₹4.4K Cr | Mar 2026 ₹4.5K Cr | Jun 2026 —
- NWG: Sep 2021 ₹8.7K Cr | Dec 2021 ₹8.4K Cr | Mar 2022 ₹8.2K Cr | Jun 2022 ₹8.1K Cr | Sep 2022 ₹6.6K Cr | Dec 2022 ₹6.3K Cr | Mar 2023 ₹6.9K Cr | Jun 2023 ₹6.0K Cr | Sep 2023 ₹6.2K Cr | Dec 2023 ₹5.7K Cr | Mar 2024 ₹6.5K Cr | Jun 2024 ₹6.0K Cr | Sep 2024 ₹6.7K Cr | Dec 2024 ₹6.1K Cr | Mar 2025 ₹7.0K Cr | Jun 2025 ₹6.0K Cr | Sep 2025 ₹6.1K Cr | Dec 2025 ₹6.1K Cr | Mar 2026 ₹6.6K Cr | Jun 2026 —
- DB: Sep 2021 ₹1.5 L Cr | Dec 2021 ₹1.5 L Cr | Mar 2022 ₹1.4 L Cr | Jun 2022 ₹1.4 L Cr | Sep 2022 ₹1.5 L Cr | Dec 2022 ₹1.3 L Cr | Mar 2023 ₹1.3 L Cr | Jun 2023 ₹1.2 L Cr | Sep 2023 ₹1.2 L Cr | Dec 2023 ₹1.2 L Cr | Mar 2024 ₹1.1 L Cr | Jun 2024 ₹1.1 L Cr | Sep 2024 ₹1.2 L Cr | Dec 2024 ₹1.2 L Cr | Mar 2025 ₹1.2 L Cr | Jun 2025 ₹1.1 L Cr | Sep 2025 ₹1.1 L Cr | Dec 2025 ₹1.2 L Cr | Mar 2026 ₹1.1 L Cr | Jun 2026 —
- TFC: Sep 2021 ₹37.8K Cr | Dec 2021 ₹35.9K Cr | Mar 2022 ₹33.8K Cr | Jun 2022 ₹30.3K Cr | Sep 2022 ₹31.2K Cr | Dec 2022 ₹43.2K Cr | Mar 2023 ₹69.9K Cr | Jun 2023 ₹44.7K Cr | Sep 2023 ₹41.2K Cr | Dec 2023 ₹38.9K Cr | Mar 2024 ₹39.1K Cr | Jun 2024 ₹34.6K Cr | Sep 2024 ₹36.8K Cr | Dec 2024 ₹35.0K Cr | Mar 2025 ₹32.0K Cr | Jun 2025 ₹44.4K Cr | Sep 2025 ₹41.7K Cr | Dec 2025 ₹42.0K Cr | Mar 2026 ₹41.6K Cr | Jun 2026 ₹43.0K Cr
- FITB: Sep 2021 ₹11.4K Cr | Dec 2021 ₹11.8K Cr | Mar 2022 ₹10.8K Cr | Jun 2022 ₹11.0K Cr | Sep 2022 ₹11.7K Cr | Dec 2022 ₹13.7K Cr | Mar 2023 ₹12.9K Cr | Jun 2023 ₹12.3K Cr | Sep 2023 ₹16.3K Cr | Dec 2023 ₹16.4K Cr | Mar 2024 ₹15.4K Cr | Jun 2024 ₹16.3K Cr | Sep 2024 ₹17.1K Cr | Dec 2024 ₹14.3K Cr | Mar 2025 ₹14.5K Cr | Jun 2025 ₹14.5K Cr | Sep 2025 ₹13.7K Cr | Dec 2025 ₹13.6K Cr | Mar 2026 ₹18.8K Cr | Jun 2026 ₹17.6K Cr
- MTB: Sep 2021 ₹3.5K Cr | Dec 2021 ₹3.5K Cr | Mar 2022 ₹3.4K Cr | Jun 2022 ₹3.0K Cr | Sep 2022 ₹3.5K Cr | Dec 2022 ₹4.0K Cr | Mar 2023 ₹7.5K Cr | Jun 2023 ₹7.4K Cr | Sep 2023 ₹7.1K Cr | Dec 2023 ₹8.2K Cr | Mar 2024 ₹11.5K Cr | Jun 2024 ₹11.3K Cr | Sep 2024 ₹11.6K Cr | Dec 2024 ₹12.6K Cr | Mar 2025 ₹10.5K Cr | Jun 2025 ₹12.4K Cr | Sep 2025 ₹12.9K Cr | Dec 2025 ₹10.9K Cr | Mar 2026 ₹11.2K Cr | Jun 2026 ₹13.6K Cr
- HBAN: Sep 2021 ₹7.8K Cr | Dec 2021 ₹7.1K Cr | Mar 2022 ₹6.5K Cr | Jun 2022 ₹7.9K Cr | Sep 2022 ₹10.2K Cr | Dec 2022 ₹9.7K Cr | Mar 2023 ₹13.1K Cr | Jun 2023 ₹14.7K Cr | Sep 2023 ₹12.8K Cr | Dec 2023 ₹12.4K Cr | Mar 2024 ₹14.9K Cr | Jun 2024 ₹16.5K Cr | Sep 2024 ₹15.7K Cr | Dec 2024 ₹16.4K Cr | Mar 2025 ₹18.1K Cr | Jun 2025 ₹17.5K Cr | Sep 2025 ₹17.3K Cr | Dec 2025 ₹17.2K Cr | Mar 2026 ₹21.6K Cr | Jun 2026 ₹18.7K Cr
- BAP: Sep 2021 ₹17.6K Cr | Dec 2021 ₹17.8K Cr | Mar 2022 ₹16.0K Cr | Jun 2022 ₹16.6K Cr | Sep 2022 ₹17.0K Cr | Dec 2022 ₹17.0K Cr | Mar 2023 ₹14.3K Cr | Jun 2023 ₹14.2K Cr | Sep 2023 ₹14.9K Cr | Dec 2023 ₹14.6K Cr | Mar 2024 ₹17.5K Cr | Jun 2024 ₹18.0K Cr | Sep 2024 ₹17.0K Cr | Dec 2024 ₹17.3K Cr | Mar 2025 ₹14.4K Cr | Jun 2025 ₹12.1K Cr | Sep 2025 ₹12.2K Cr | Dec 2025 ₹14.0K Cr | Mar 2026 ₹14.8K Cr | Jun 2026 —
- CFG: Sep 2021 ₹6.9K Cr | Dec 2021 ₹6.9K Cr | Mar 2022 ₹5.9K Cr | Jun 2022 ₹14.4K Cr | Sep 2022 ₹16.3K Cr | Dec 2022 ₹15.9K Cr | Mar 2023 ₹18.9K Cr | Jun 2023 ₹14.1K Cr | Sep 2023 ₹17.4K Cr | Dec 2023 ₹13.5K Cr | Mar 2024 ₹13.8K Cr | Jun 2024 ₹13.1K Cr | Sep 2024 ₹13.9K Cr | Dec 2024 ₹12.4K Cr | Mar 2025 ₹12.3K Cr | Jun 2025 ₹12.5K Cr | Sep 2025 ₹10.4K Cr | Dec 2025 ₹11.2K Cr | Mar 2026 ₹12.3K Cr | Jun 2026 ₹15.2K Cr
- RF: Sep 2021 ₹2.5K Cr | Dec 2021 ₹2.4K Cr | Mar 2022 ₹2.3K Cr | Jun 2022 ₹2.3K Cr | Sep 2022 ₹2.3K Cr | Dec 2022 ₹2.3K Cr | Mar 2023 ₹2.3K Cr | Jun 2023 ₹4.3K Cr | Sep 2023 ₹4.3K Cr | Dec 2023 ₹2.3K Cr | Mar 2024 ₹3.3K Cr | Jun 2024 ₹5.1K Cr | Sep 2024 ₹6.0K Cr | Dec 2024 ₹6.0K Cr | Mar 2025 ₹6.0K Cr | Jun 2025 ₹5.3K Cr | Sep 2025 ₹4.8K Cr | Dec 2025 ₹4.1K Cr | Mar 2026 ₹3.1K Cr | Jun 2026 ₹4.6K Cr
- FCNCA: Sep 2021 ₹574 Cr | Dec 2021 ₹1.2K Cr | Mar 2022 ₹2.0K Cr | Jun 2022 ₹2.0K Cr | Sep 2022 ₹5.2K Cr | Dec 2022 ₹4.5K Cr | Mar 2023 ₹45.1K Cr | Jun 2023 ₹39.7K Cr | Sep 2023 ₹37.3K Cr | Dec 2023 ₹37.2K Cr | Mar 2024 ₹37.1K Cr | Jun 2024 ₹37.1K Cr | Sep 2024 ₹36.8K Cr | Dec 2024 ₹36.7K Cr | Mar 2025 ₹38.0K Cr | Jun 2025 ₹37.6K Cr | Sep 2025 ₹38.3K Cr | Dec 2025 ₹35.8K Cr | Mar 2026 ₹33.8K Cr | Jun 2026 ₹32.0K Cr
- KEY: Sep 2021 ₹13.2K Cr | Dec 2021 ₹12.0K Cr | Mar 2022 ₹10.8K Cr | Jun 2022 ₹16.6K Cr | Sep 2022 ₹18.3K Cr | Dec 2022 ₹19.3K Cr | Mar 2023 ₹22.8K Cr | Jun 2023 ₹22.1K Cr | Sep 2023 ₹21.3K Cr | Dec 2023 ₹19.6K Cr | Mar 2024 ₹20.8K Cr | Jun 2024 ₹16.9K Cr | Sep 2024 ₹15.7K Cr | Dec 2024 ₹12.1K Cr | Mar 2025 ₹12.4K Cr | Jun 2025 ₹12.1K Cr | Sep 2025 ₹10.9K Cr | Dec 2025 ₹9.9K Cr | Mar 2026 ₹10.9K Cr | Jun 2026 ₹11.0K Cr
- EWBC: Sep 2021 ₹152 Cr | Dec 2021 ₹152 Cr | Mar 2022 ₹152 Cr | Jun 2022 ₹153 Cr | Sep 2022 ₹153 Cr | Dec 2022 ₹152 Cr | Mar 2023 ₹152 Cr | Jun 2023 ₹153 Cr | Sep 2023 ₹153 Cr | Dec 2023 ₹153 Cr | Mar 2024 ₹36 Cr | Jun 2024 ₹36 Cr | Sep 2024 ₹36 Cr | Dec 2024 ₹36 Cr | Mar 2025 ₹36 Cr | Jun 2025 ₹36 Cr | Sep 2025 ₹36 Cr | Dec 2025 ₹36 Cr | Mar 2026 ₹36 Cr | Jun 2026 ₹35 Cr
- PNFP: Sep 2021 ₹543 Cr | Dec 2021 ₹423 Cr | Mar 2022 ₹423 Cr | Jun 2022 ₹424 Cr | Sep 2022 ₹424 Cr | Dec 2022 ₹424 Cr | Mar 2023 ₹424 Cr | Jun 2023 ₹424 Cr | Sep 2023 ₹425 Cr | Dec 2023 ₹425 Cr | Mar 2024 ₹425 Cr | Jun 2024 ₹425 Cr | Sep 2024 ₹426 Cr | Dec 2024 ₹426 Cr | Mar 2025 ₹426 Cr | Jun 2025 ₹426 Cr | Sep 2025 ₹426 Cr | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 ₹564 Cr | Dec 2021 ₹563 Cr | Mar 2022 ₹1.1K Cr | Jun 2022 ₹1.1K Cr | Sep 2022 ₹1.1K Cr | Dec 2022 ₹1.1K Cr | Mar 2023 ₹1.1K Cr | Jun 2023 ₹1.1K Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹1.0K Cr | Mar 2024 ₹915 Cr | Jun 2024 ₹913 Cr | Sep 2024 ₹911 Cr | Dec 2024 ₹909 Cr | Mar 2025 ₹907 Cr | Jun 2025 ₹906 Cr | Sep 2025 ₹1.3K Cr | Dec 2025 ₹739 Cr | Mar 2026 ₹738 Cr | Jun 2026 ₹737 Cr

## Return On Assets

What the numbers say: There is not enough comparable evidence to name a reliable roa leader.

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/18 companies · 0 observations

Definition: ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

### ROA — highest

### ROA change — fastest improvers

### 20-quarter ROA history

### 20-quarter ROA change history

## ROE — Leaders & Improvers

What the numbers say: Nu Holdings Ltd. leads both roe at 8.2% and roe change at +1 percentage points.

Investor read: Nu Holdings Ltd. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

Evidence: Nu Holdings Ltd. · 8.2% | 49.1% versus #2 · Credicorp Ltd. | 7/8 recent comparable periods | 18/18 companies · 352 observations

Definition: ROE shows the return to shareholders, but should be read with asset quality and leverage.

### ROE — highest
1. Nu Holdings Ltd. (NU): 8.2%
2. Credicorp Ltd. (BAP): 5.5%
3. East West Bancorp, Inc. (EWBC): 4.2%
4. NatWest Group plc (NWG): 3.5%
5. The PNC Financial Services Group, Inc. (PNC): 3.4%

### ROE change — fastest improvers
1. Nu Holdings Ltd. (NU): +1.0 pp
2. Lloyds Banking Group plc (LYG): +0.8 pp
3. Citizens Financial Group, Inc. (CFG): +0.5 pp
4. Truist Financial Corporation (TFC): +0.5 pp
5. First Citizens BancShares, Inc. (FCNCA): +0.4 pp

### 20-quarter ROE history
- PNC: Sep 2021 2.7% | Dec 2021 0.5% | Mar 2022 2.8% | Jun 2022 2.9% | Sep 2022 3.2% | Dec 2022 3.0% | Mar 2023 3.4% | Jun 2023 3.1% | Sep 2023 3.3% | Dec 2023 1.8% | Mar 2024 2.7% | Jun 2024 2.9% | Sep 2024 2.9% | Dec 2024 3.1% | Mar 2025 2.8% | Jun 2025 3.0% | Sep 2025 3.2% | Dec 2025 3.5% | Mar 2026 3.0% | Jun 2026 3.4%
- USB: Sep 2021 3.8% | Dec 2021 3.1% | Mar 2022 3.0% | Jun 2022 3.0% | Sep 2022 3.5% | Dec 2022 1.7% | Mar 2023 3.2% | Jun 2023 2.7% | Sep 2023 3.0% | Dec 2023 1.6% | Mar 2024 2.4% | Jun 2024 2.9% | Sep 2024 3.1% | Dec 2024 2.9% | Mar 2025 2.9% | Jun 2025 3.1% | Sep 2025 3.3% | Dec 2025 3.3% | Mar 2026 3.1% | Jun 2026 3.4%
- LYG: Sep 2021 3.1% | Dec 2021 0.8% | Mar 2022 2.3% | Jun 2022 2.6% | Sep 2022 1.0% | Dec 2022 5.4% | Mar 2023 3.3% | Jun 2023 2.6% | Sep 2023 3.1% | Dec 2023 2.7% | Mar 2024 2.5% | Jun 2024 2.7% | Sep 2024 3.1% | Dec 2024 1.5% | Mar 2025 2.4% | Jun 2025 3.1% | Sep 2025 1.8% | Dec 2025 3.1% | Mar 2026 3.2% | Jun 2026 —
- NU: Sep 2021 -2.9% | Dec 2021 -2.7% | Mar 2022 -1.6% | Jun 2022 -0.9% | Sep 2022 0.2% | Dec 2022 -6.4% | Mar 2023 2.8% | Jun 2023 4.3% | Sep 2023 5.7% | Dec 2023 6.4% | Mar 2024 6.3% | Jun 2024 7.8% | Sep 2024 8.2% | Dec 2024 7.9% | Mar 2025 7.2% | Jun 2025 7.7% | Sep 2025 8.6% | Dec 2025 9.4% | Mar 2026 8.2% | Jun 2026 —
- NWG: Sep 2021 1.5% | Dec 2021 0.9% | Mar 2022 2.0% | Jun 2022 2.4% | Sep 2022 1.7% | Dec 2022 3.5% | Mar 2023 3.4% | Jun 2023 3.3% | Sep 2023 2.7% | Dec 2023 3.4% | Mar 2024 2.6% | Jun 2024 3.4% | Sep 2024 3.4% | Dec 2024 3.3% | Mar 2025 3.4% | Jun 2025 3.4% | Sep 2025 4.2% | Dec 2025 3.6% | Mar 2026 3.5% | Jun 2026 —
- DB: Sep 2021 0.5% | Dec 2021 0.5% | Mar 2022 1.9% | Jun 2022 1.8% | Sep 2022 1.8% | Dec 2022 2.8% | Mar 2023 1.9% | Jun 2023 1.3% | Sep 2023 1.7% | Dec 2023 1.9% | Mar 2024 1.9% | Jun 2024 0.1% | Sep 2024 2.2% | Dec 2024 0.4% | Mar 2025 2.6% | Jun 2025 2.2% | Sep 2025 2.3% | Dec 2025 1.9% | Mar 2026 2.7% | Jun 2026 —
- TFC: Sep 2021 2.5% | Dec 2021 2.3% | Mar 2022 2.1% | Jun 2022 2.3% | Sep 2022 2.5% | Dec 2022 2.6% | Mar 2023 2.2% | Jun 2023 1.8% | Sep 2023 1.8% | Dec 2023 -8.7% | Mar 2024 1.9% | Jun 2024 -6.1% | Sep 2024 2.3% | Dec 2024 2.1% | Mar 2025 2.0% | Jun 2025 1.9% | Sep 2025 2.2% | Dec 2025 2.1% | Mar 2026 2.3% | Jun 2026 2.4%
- FITB: Sep 2021 3.1% | Dec 2021 2.9% | Mar 2022 2.3% | Jun 2022 2.7% | Sep 2022 3.3% | Dec 2022 3.7% | Mar 2023 2.9% | Jun 2023 3.3% | Sep 2023 4.0% | Dec 2023 2.9% | Mar 2024 2.8% | Jun 2024 3.2% | Sep 2024 3.1% | Dec 2024 3.2% | Mar 2025 2.6% | Jun 2025 3.1% | Sep 2025 3.1% | Dec 2025 3.5% | Mar 2026 0.6% | Jun 2026 2.9%
- MTB: Sep 2021 2.9% | Dec 2021 2.7% | Mar 2022 2.1% | Jun 2022 1.0% | Sep 2022 3.0% | Dec 2022 3.5% | Mar 2023 3.2% | Jun 2023 3.4% | Sep 2023 2.7% | Dec 2023 1.8% | Mar 2024 2.0% | Jun 2024 2.4% | Sep 2024 2.6% | Dec 2024 2.4% | Mar 2025 2.1% | Jun 2025 2.5% | Sep 2025 2.7% | Dec 2025 2.6% | Mar 2026 2.3% | Jun 2026 2.9%
- HBAN: Sep 2021 2.3% | Dec 2021 2.5% | Mar 2022 2.9% | Jun 2022 2.8% | Sep 2022 3.3% | Dec 2022 3.5% | Mar 2023 3.3% | Jun 2023 3.1% | Sep 2023 3.1% | Dec 2023 1.3% | Mar 2024 2.2% | Jun 2024 2.5% | Sep 2024 2.7% | Dec 2024 2.7% | Mar 2025 2.7% | Jun 2025 2.7% | Sep 2025 2.9% | Dec 2025 2.4% | Mar 2026 2.0% | Jun 2026 2.7%
- BAP: Sep 2021 4.8% | Dec 2021 4.1% | Mar 2022 4.6% | Jun 2022 4.5% | Sep 2022 5.1% | Dec 2022 3.7% | Mar 2023 4.8% | Jun 2023 5.0% | Sep 2023 4.2% | Dec 2023 2.7% | Mar 2024 4.8% | Jun 2024 4.4% | Sep 2024 4.8% | Dec 2024 3.4% | Mar 2025 5.2% | Jun 2025 5.6% | Sep 2025 5.0% | Dec 2025 4.4% | Mar 2026 5.5% | Jun 2026 —
- CFG: Sep 2021 2.3% | Dec 2021 2.3% | Mar 2022 1.9% | Jun 2022 1.5% | Sep 2022 2.7% | Dec 2022 2.8% | Mar 2023 2.2% | Jun 2023 2.0% | Sep 2023 1.9% | Dec 2023 0.8% | Mar 2024 1.4% | Jun 2024 1.7% | Sep 2024 1.6% | Dec 2024 1.7% | Mar 2025 1.5% | Jun 2025 1.8% | Sep 2025 1.9% | Dec 2025 2.1% | Mar 2026 2.0% | Jun 2026 2.3%
- RF: Sep 2021 3.6% | Dec 2021 2.4% | Mar 2022 3.1% | Jun 2022 3.4% | Sep 2022 2.5% | Dec 2022 4.0% | Mar 2023 3.6% | Jun 2023 3.5% | Sep 2023 3.1% | Dec 2023 2.3% | Mar 2024 2.2% | Jun 2024 3.0% | Sep 2024 2.8% | Dec 2024 3.0% | Mar 2025 2.7% | Jun 2025 3.1% | Sep 2025 3.0% | Dec 2025 2.9% | Mar 2026 3.0% | Jun 2026 3.0%
- FCNCA: Sep 2021 2.9% | Dec 2021 2.7% | Mar 2022 3.6% | Jun 2022 3.4% | Sep 2022 4.4% | Dec 2022 3.6% | Mar 2023 64% | Jun 2023 4.5% | Sep 2023 5.0% | Dec 2023 3.3% | Mar 2024 3.6% | Jun 2024 3.3% | Sep 2024 3.0% | Dec 2024 3.2% | Mar 2025 2.2% | Jun 2025 2.6% | Sep 2025 2.5% | Dec 2025 2.6% | Mar 2026 2.4% | Jun 2026 3.0%
- KEY: Sep 2021 3.7% | Dec 2021 3.5% | Mar 2022 2.7% | Jun 2022 3.3% | Sep 2022 3.5% | Dec 2022 2.6% | Mar 2023 2.1% | Jun 2023 2.0% | Sep 2023 2.3% | Dec 2023 0.5% | Mar 2024 1.5% | Jun 2024 1.9% | Sep 2024 -2.7% | Dec 2024 -1.5% | Mar 2025 2.4% | Jun 2025 2.5% | Sep 2025 2.7% | Dec 2025 2.6% | Mar 2026 2.7% | Jun 2026 2.6%
- EWBC: Sep 2021 4.2% | Dec 2021 3.9% | Mar 2022 4.3% | Jun 2022 4.6% | Sep 2022 5.2% | Dec 2022 5.7% | Mar 2023 5.4% | Jun 2023 5.2% | Sep 2023 4.7% | Dec 2023 3.7% | Mar 2024 4.3% | Jun 2024 4.2% | Sep 2024 4.2% | Dec 2024 4.0% | Mar 2025 3.9% | Jun 2025 4.0% | Sep 2025 4.5% | Dec 2025 4.3% | Mar 2026 4.2% | Jun 2026 4.2%
- PNFP: Sep 2021 2.7% | Dec 2021 2.6% | Mar 2022 2.5% | Jun 2022 2.8% | Sep 2022 2.8% | Dec 2022 2.5% | Mar 2023 2.5% | Jun 2023 3.5% | Sep 2023 2.4% | Dec 2023 1.6% | Mar 2024 2.1% | Jun 2024 0.9% | Sep 2024 2.4% | Dec 2024 2.4% | Mar 2025 2.2% | Jun 2025 2.5% | Sep 2025 2.6% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 7.1% | Dec 2021 5.7% | Mar 2022 7.0% | Jun 2022 8.8% | Sep 2022 11% | Dec 2022 11% | Mar 2023 8.7% | Jun 2023 9.5% | Sep 2023 9.9% | Dec 2023 9.4% | Mar 2024 9.3% | Jun 2024 9.3% | Sep 2024 2.2% | Dec 2024 2.0% | Mar 2025 2.5% | Jun 2025 8.5% | Sep 2025 2.8% | Dec 2025 2.7% | Mar 2026 2.6% | Jun 2026 2.7%

### 20-quarter ROE change history
- PNC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.5 pp | Dec 2022 +2.5 pp | Mar 2023 +0.6 pp | Jun 2023 +0.2 pp | Sep 2023 +0.1 pp | Dec 2023 −1.2 pp | Mar 2024 −0.7 pp | Jun 2024 −0.2 pp | Sep 2024 −0.4 pp | Dec 2024 +1.3 pp | Mar 2025 +0.1 pp | Jun 2025 +0.1 pp | Sep 2025 +0.3 pp | Dec 2025 +0.4 pp | Mar 2026 +0.2 pp | Jun 2026 +0.4 pp
- USB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.3 pp | Dec 2022 −1.4 pp | Mar 2023 +0.2 pp | Jun 2023 −0.3 pp | Sep 2023 −0.5 pp | Dec 2023 −0.1 pp | Mar 2024 −0.8 pp | Jun 2024 +0.2 pp | Sep 2024 +0.1 pp | Dec 2024 +1.3 pp | Mar 2025 +0.5 pp | Jun 2025 +0.2 pp | Sep 2025 +0.2 pp | Dec 2025 +0.4 pp | Mar 2026 +0.2 pp | Jun 2026 +0.3 pp
- LYG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.1 pp | Dec 2022 +4.6 pp | Mar 2023 +1.0 pp | Jun 2023 0.0 pp | Sep 2023 +2.1 pp | Dec 2023 −2.7 pp | Mar 2024 −0.8 pp | Jun 2024 +0.1 pp | Sep 2024 0.0 pp | Dec 2024 −1.2 pp | Mar 2025 −0.1 pp | Jun 2025 +0.4 pp | Sep 2025 −1.3 pp | Dec 2025 +1.6 pp | Mar 2026 +0.8 pp | Jun 2026 —
- NU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +3.1 pp | Dec 2022 −3.7 pp | Mar 2023 +4.4 pp | Jun 2023 +5.2 pp | Sep 2023 +5.5 pp | Dec 2023 +12.8 pp | Mar 2024 +3.5 pp | Jun 2024 +3.5 pp | Sep 2024 +2.5 pp | Dec 2024 +1.5 pp | Mar 2025 +0.9 pp | Jun 2025 −0.1 pp | Sep 2025 +0.4 pp | Dec 2025 +1.5 pp | Mar 2026 +1.0 pp | Jun 2026 —
- NWG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.2 pp | Dec 2022 +2.6 pp | Mar 2023 +1.4 pp | Jun 2023 +0.9 pp | Sep 2023 +1.0 pp | Dec 2023 −0.1 pp | Mar 2024 −0.8 pp | Jun 2024 +0.1 pp | Sep 2024 +0.7 pp | Dec 2024 −0.1 pp | Mar 2025 +0.8 pp | Jun 2025 0.0 pp | Sep 2025 +0.8 pp | Dec 2025 +0.3 pp | Mar 2026 +0.1 pp | Jun 2026 —
- DB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.3 pp | Dec 2022 +2.3 pp | Mar 2023 0.0 pp | Jun 2023 −0.5 pp | Sep 2023 −0.1 pp | Dec 2023 −0.9 pp | Mar 2024 0.0 pp | Jun 2024 −1.2 pp | Sep 2024 +0.5 pp | Dec 2024 −1.5 pp | Mar 2025 +0.7 pp | Jun 2025 +2.1 pp | Sep 2025 +0.1 pp | Dec 2025 +1.5 pp | Mar 2026 +0.1 pp | Jun 2026 —
- TFC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 0.0 pp | Dec 2022 +0.3 pp | Mar 2023 +0.1 pp | Jun 2023 −0.5 pp | Sep 2023 −0.7 pp | Dec 2023 −11.3 pp | Mar 2024 −0.3 pp | Jun 2024 −7.9 pp | Sep 2024 +0.5 pp | Dec 2024 +10.8 pp | Mar 2025 +0.1 pp | Jun 2025 +8.0 pp | Sep 2025 −0.1 pp | Dec 2025 0.0 pp | Mar 2026 +0.3 pp | Jun 2026 +0.5 pp
- FITB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.2 pp | Dec 2022 +0.8 pp | Mar 2023 +0.6 pp | Jun 2023 +0.6 pp | Sep 2023 +0.7 pp | Dec 2023 −0.8 pp | Mar 2024 −0.1 pp | Jun 2024 −0.1 pp | Sep 2024 −0.9 pp | Dec 2024 +0.3 pp | Mar 2025 −0.2 pp | Jun 2025 −0.1 pp | Sep 2025 0.0 pp | Dec 2025 +0.3 pp | Mar 2026 −2.0 pp | Jun 2026 −0.2 pp
- MTB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.1 pp | Dec 2022 +0.8 pp | Mar 2023 +1.1 pp | Jun 2023 +2.4 pp | Sep 2023 −0.3 pp | Dec 2023 −1.7 pp | Mar 2024 −1.2 pp | Jun 2024 −1.0 pp | Sep 2024 −0.1 pp | Dec 2024 +0.6 pp | Mar 2025 +0.1 pp | Jun 2025 +0.1 pp | Sep 2025 +0.1 pp | Dec 2025 +0.2 pp | Mar 2026 +0.2 pp | Jun 2026 +0.4 pp
- HBAN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.0 pp | Dec 2022 +1.0 pp | Mar 2023 +0.4 pp | Jun 2023 +0.3 pp | Sep 2023 −0.2 pp | Dec 2023 −2.2 pp | Mar 2024 −1.1 pp | Jun 2024 −0.6 pp | Sep 2024 −0.4 pp | Dec 2024 +1.4 pp | Mar 2025 +0.5 pp | Jun 2025 +0.2 pp | Sep 2025 +0.2 pp | Dec 2025 −0.3 pp | Mar 2026 −0.7 pp | Jun 2026 0.0 pp
- BAP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.3 pp | Dec 2022 −0.4 pp | Mar 2023 +0.2 pp | Jun 2023 +0.5 pp | Sep 2023 −0.9 pp | Dec 2023 −1.0 pp | Mar 2024 0.0 pp | Jun 2024 −0.6 pp | Sep 2024 +0.6 pp | Dec 2024 +0.7 pp | Mar 2025 +0.4 pp | Jun 2025 +1.2 pp | Sep 2025 +0.2 pp | Dec 2025 +1.0 pp | Mar 2026 +0.3 pp | Jun 2026 —
- CFG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.4 pp | Dec 2022 +0.5 pp | Mar 2023 +0.3 pp | Jun 2023 +0.5 pp | Sep 2023 −0.8 pp | Dec 2023 −2.0 pp | Mar 2024 −0.8 pp | Jun 2024 −0.3 pp | Sep 2024 −0.3 pp | Dec 2024 +0.9 pp | Mar 2025 +0.1 pp | Jun 2025 +0.1 pp | Sep 2025 +0.3 pp | Dec 2025 +0.4 pp | Mar 2026 +0.5 pp | Jun 2026 +0.5 pp
- RF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 +1.6 pp | Mar 2023 +0.5 pp | Jun 2023 +0.1 pp | Sep 2023 +0.6 pp | Dec 2023 −1.7 pp | Mar 2024 −1.4 pp | Jun 2024 −0.5 pp | Sep 2024 −0.3 pp | Dec 2024 +0.7 pp | Mar 2025 +0.5 pp | Jun 2025 +0.1 pp | Sep 2025 +0.2 pp | Dec 2025 −0.1 pp | Mar 2026 +0.3 pp | Jun 2026 −0.1 pp
- FCNCA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.5 pp | Dec 2022 +0.9 pp | Mar 2023 +60.3 pp | Jun 2023 +1.1 pp | Sep 2023 +0.6 pp | Dec 2023 −0.3 pp | Mar 2024 −60.3 pp | Jun 2024 −1.2 pp | Sep 2024 −2.0 pp | Dec 2024 −0.1 pp | Mar 2025 −1.4 pp | Jun 2025 −0.7 pp | Sep 2025 −0.5 pp | Dec 2025 −0.6 pp | Mar 2026 +0.2 pp | Jun 2026 +0.4 pp
- KEY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.2 pp | Dec 2022 −0.9 pp | Mar 2023 −0.6 pp | Jun 2023 −1.3 pp | Sep 2023 −1.2 pp | Dec 2023 −2.1 pp | Mar 2024 −0.6 pp | Jun 2024 −0.1 pp | Sep 2024 −5.0 pp | Dec 2024 −2.0 pp | Mar 2025 +0.9 pp | Jun 2025 +0.6 pp | Sep 2025 +5.4 pp | Dec 2025 +4.1 pp | Mar 2026 +0.3 pp | Jun 2026 +0.1 pp
- EWBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.0 pp | Dec 2022 +1.8 pp | Mar 2023 +1.1 pp | Jun 2023 +0.6 pp | Sep 2023 −0.5 pp | Dec 2023 −2.0 pp | Mar 2024 −1.1 pp | Jun 2024 −1.0 pp | Sep 2024 −0.5 pp | Dec 2024 +0.3 pp | Mar 2025 −0.4 pp | Jun 2025 −0.2 pp | Sep 2025 +0.3 pp | Dec 2025 +0.3 pp | Mar 2026 +0.3 pp | Jun 2026 +0.2 pp
- PNFP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.1 pp | Dec 2022 −0.1 pp | Mar 2023 0.0 pp | Jun 2023 +0.7 pp | Sep 2023 −0.4 pp | Dec 2023 −0.9 pp | Mar 2024 −0.4 pp | Jun 2024 −2.6 pp | Sep 2024 0.0 pp | Dec 2024 +0.8 pp | Mar 2025 +0.1 pp | Jun 2025 +1.6 pp | Sep 2025 +0.2 pp | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +3.7 pp | Dec 2022 +5.5 pp | Mar 2023 +1.7 pp | Jun 2023 +0.7 pp | Sep 2023 −0.9 pp | Dec 2023 −1.8 pp | Mar 2024 +0.6 pp | Jun 2024 −0.2 pp | Sep 2024 −7.7 pp | Dec 2024 −7.4 pp | Mar 2025 −6.8 pp | Jun 2025 −0.8 pp | Sep 2025 +0.6 pp | Dec 2025 +0.7 pp | Mar 2026 +0.1 pp | Jun 2026 −5.8 pp

## Gross NPA — Leaders & Improvers

What the numbers say: There is not enough comparable evidence to name a reliable gross npa leader.

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current gnpa change signal.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/18 companies · 0 observations

Definition: Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

### Gross NPA — lowest

### GNPA change — fastest improvers

### 20-quarter Gross NPA history

### 20-quarter GNPA change history

## Valuation Against Growth & Quality

What the numbers say: Deutsche Bank Aktiengesellschaft has the lowest comparable P/BV ÷ ROE at 0.27×, 6.9% below NatWest Group plc. Only 18 of 18 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Evidence: Deutsche Bank Aktiengesellschaft · 0.27× | 6.9% versus #2 · NatWest Group plc | 0/8 recent comparable periods | 18/18 companies · 317 observations

Definition: Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.

### P/BV ÷ ROE — lowest return-adjusted price
1. Deutsche Bank Aktiengesellschaft (DB): 0.3
2. NatWest Group plc (NWG): 0.3
3. First Citizens BancShares, Inc. (FCNCA): 0.4
4. Lloyds Banking Group plc (LYG): 0.4
5. Truist Financial Corporation (TFC): 0.4

### P/BV — lowest P/BV
1. Deutsche Bank Aktiengesellschaft (DB): 0.7
2. Truist Financial Corporation (TFC): 1.0
3. NatWest Group plc (NWG): 1.0
4. Pinnacle Financial Partners, Inc. (PNFP): 1.1 — older report
5. First Citizens BancShares, Inc. (FCNCA): 1.1

### 20-quarter P/BV ÷ ROE history
- PNC: Sep 2021 0.5 | Dec 2021 3.0 | Mar 2022 0.6 | Jun 2022 0.5 | Sep 2022 0.4 | Dec 2022 0.5 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.7 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.5 | Dec 2024 0.5 | Mar 2025 0.4 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.4 | Jun 2026 0.5
- USB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 0.4
- LYG: Sep 2021 — | Dec 2021 0.8 | Mar 2022 — | Jun 2022 0.2 | Sep 2022 — | Dec 2022 0.1 | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.2 | Dec 2023 0.2 | Mar 2024 — | Jun 2024 0.3 | Sep 2024 0.3 | Dec 2024 0.5 | Mar 2025 — | Jun 2025 0.3 | Sep 2025 — | Dec 2025 0.4 | Mar 2026 — | Jun 2026 —
- NU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 21.7 | Dec 2022 — | Mar 2023 1.5 | Jun 2023 1.5 | Sep 2023 1.0 | Dec 2023 1.0 | Mar 2024 1.3 | Jun 2024 1.1 | Sep 2024 1.1 | Dec 2024 0.8 | Mar 2025 0.8 | Jun 2025 0.9 | Sep 2025 0.9 | Dec 2025 0.8 | Mar 2026 0.7 | Jun 2026 —
- NWG: Sep 2021 0.4 | Dec 2021 0.7 | Mar 2022 0.3 | Jun 2022 0.3 | Sep 2022 0.4 | Dec 2022 0.2 | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.2 | Dec 2023 0.2 | Mar 2024 0.2 | Jun 2024 0.2 | Sep 2024 0.2 | Dec 2024 0.3 | Mar 2025 0.3 | Jun 2025 0.3 | Sep 2025 0.2 | Dec 2025 0.3 | Mar 2026 0.3 | Jun 2026 —
- DB: Sep 2021 0.8 | Dec 2021 0.8 | Mar 2022 0.2 | Jun 2022 0.2 | Sep 2022 0.1 | Dec 2022 0.1 | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.2 | Dec 2023 0.2 | Mar 2024 0.2 | Jun 2024 4.5 | Sep 2024 0.2 | Dec 2024 1.2 | Mar 2025 0.3 | Jun 2025 0.3 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.3 | Jun 2026 —
- TFC: Sep 2021 0.5 | Dec 2021 0.5 | Mar 2022 0.6 | Jun 2022 0.4 | Sep 2022 0.4 | Dec 2022 0.4 | Mar 2023 0.3 | Jun 2023 0.4 | Sep 2023 0.3 | Dec 2023 — | Mar 2024 0.5 | Jun 2024 — | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.4 | Jun 2025 0.5 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.4 | Jun 2026 0.4
- FITB: Sep 2021 0.4 | Dec 2021 0.5 | Mar 2022 0.6 | Jun 2022 0.5 | Sep 2022 0.4 | Dec 2022 0.4 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.4 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.5 | Dec 2024 0.5 | Mar 2025 0.5 | Jun 2025 0.4 | Sep 2025 0.5 | Dec 2025 0.4 | Mar 2026 2.1 | Jun 2026 0.5
- MTB: Sep 2021 0.4 | Dec 2021 0.4 | Mar 2022 0.6 | Jun 2022 1.1 | Sep 2022 0.4 | Dec 2022 0.3 | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.3 | Dec 2023 0.5 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.4 | Dec 2024 0.5 | Mar 2025 0.5 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.5 | Jun 2026 0.4
- HBAN: Sep 2021 0.5 | Dec 2021 0.5 | Mar 2022 0.4 | Jun 2022 0.4 | Sep 2022 0.3 | Dec 2022 0.3 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.7 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.4 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.5 | Jun 2026 0.4
- BAP: Sep 2021 0.3 | Dec 2021 0.4 | Mar 2022 0.4 | Jun 2022 0.3 | Sep 2022 0.3 | Dec 2022 0.4 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.5 | Mar 2024 0.3 | Jun 2024 0.3 | Sep 2024 0.3 | Dec 2024 0.5 | Mar 2025 0.3 | Jun 2025 0.3 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.4 | Jun 2026 —
- CFG: Sep 2021 0.4 | Dec 2021 0.4 | Mar 2022 0.5 | Jun 2022 0.5 | Sep 2022 0.3 | Dec 2022 0.3 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.8 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.5 | Dec 2024 0.5 | Mar 2025 0.5 | Jun 2025 0.4 | Sep 2025 0.5 | Dec 2025 0.5 | Mar 2026 0.5 | Jun 2026 0.5
- RF: Sep 2021 0.3 | Dec 2021 0.5 | Mar 2022 0.4 | Jun 2022 0.3 | Sep 2022 0.5 | Dec 2022 0.3 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.5 | Mar 2024 0.5 | Jun 2024 0.4 | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.4 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.4 | Jun 2026 0.5
- FCNCA: Sep 2021 0.6 | Dec 2021 0.6 | Mar 2022 0.3 | Jun 2022 0.3 | Sep 2022 0.3 | Dec 2022 0.3 | Mar 2023 0.0 | Jun 2023 0.2 | Sep 2023 0.2 | Dec 2023 0.3 | Mar 2024 0.3 | Jun 2024 0.3 | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.5 | Jun 2025 0.5 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.4 | Jun 2026 0.4
- KEY: Sep 2021 0.3 | Dec 2021 0.4 | Mar 2022 0.5 | Jun 2022 0.3 | Sep 2022 0.3 | Dec 2022 0.5 | Mar 2023 0.4 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 1.8 | Mar 2024 0.7 | Jun 2024 0.5 | Sep 2024 — | Dec 2024 — | Mar 2025 0.4 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.4 | Jun 2026 0.5
- EWBC: Sep 2021 0.5 | Dec 2021 0.5 | Mar 2022 0.5 | Jun 2022 0.4 | Sep 2022 0.3 | Dec 2022 0.3 | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.2 | Dec 2023 0.4 | Mar 2024 0.4 | Jun 2024 0.3 | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.4 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.4 | Jun 2026 0.5
- PNFP: Sep 2021 0.5 | Dec 2021 0.5 | Mar 2022 0.5 | Jun 2022 0.4 | Sep 2022 0.4 | Dec 2022 0.4 | Mar 2023 0.3 | Jun 2023 0.2 | Sep 2023 0.4 | Dec 2023 0.7 | Mar 2024 0.5 | Jun 2024 1.1 | Sep 2024 0.5 | Dec 2024 0.6 | Mar 2025 0.6 | Jun 2025 0.5 | Sep 2025 0.4 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 0.2 | Dec 2021 0.3 | Mar 2022 0.2 | Jun 2022 0.1 | Sep 2022 0.1 | Dec 2022 0.1 | Mar 2023 0.1 | Jun 2023 0.1 | Sep 2023 0.1 | Dec 2023 0.1 | Mar 2024 0.1 | Jun 2024 0.1 | Sep 2024 0.4 | Dec 2024 0.5 | Mar 2025 0.4 | Jun 2025 0.1 | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.5 | Jun 2026 0.5

### 20-quarter P/BV history
- PNC: Sep 2021 1.5 | Dec 2021 1.5 | Mar 2022 1.6 | Jun 2022 1.4 | Sep 2022 1.3 | Dec 2022 1.4 | Mar 2023 1.0 | Jun 2023 1.0 | Sep 2023 1.0 | Dec 2023 1.2 | Mar 2024 1.3 | Jun 2024 1.2 | Sep 2024 1.3 | Dec 2024 1.4 | Mar 2025 1.2 | Jun 2025 1.3 | Sep 2025 1.3 | Dec 2025 1.3 | Mar 2026 1.3 | Jun 2026 1.5
- USB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 1.4
- LYG: Sep 2021 — | Dec 2021 0.6 | Mar 2022 — | Jun 2022 0.6 | Sep 2022 — | Dec 2022 0.7 | Mar 2023 0.7 | Jun 2023 0.6 | Sep 2023 0.6 | Dec 2023 0.6 | Mar 2024 — | Jun 2024 0.8 | Sep 2024 0.9 | Dec 2024 0.7 | Mar 2025 — | Jun 2025 1.0 | Sep 2025 — | Dec 2025 1.2 | Mar 2026 — | Jun 2026 —
- NU: Sep 2021 — | Dec 2021 9.7 | Mar 2022 7.5 | Jun 2022 3.7 | Sep 2022 4.3 | Dec 2022 3.9 | Mar 2023 4.3 | Jun 2023 6.6 | Sep 2023 5.9 | Dec 2023 6.2 | Mar 2024 8.4 | Jun 2024 8.9 | Sep 2024 8.6 | Dec 2024 6.5 | Mar 2025 5.7 | Jun 2025 6.9 | Sep 2025 7.4 | Dec 2025 7.2 | Mar 2026 5.6 | Jun 2026 —
- NWG: Sep 2021 0.6 | Dec 2021 0.6 | Mar 2022 0.6 | Jun 2022 0.6 | Sep 2022 0.6 | Dec 2022 0.7 | Mar 2023 0.7 | Jun 2023 0.6 | Sep 2023 0.6 | Dec 2023 0.5 | Mar 2024 0.6 | Jun 2024 0.7 | Sep 2024 0.8 | Dec 2024 0.8 | Mar 2025 0.9 | Jun 2025 1.0 | Sep 2025 1.0 | Dec 2025 1.2 | Mar 2026 1.0 | Jun 2026 —
- DB: Sep 2021 0.4 | Dec 2021 0.4 | Mar 2022 0.4 | Jun 2022 0.3 | Sep 2022 0.3 | Dec 2022 0.4 | Mar 2023 0.3 | Jun 2023 0.3 | Sep 2023 0.3 | Dec 2023 0.4 | Mar 2024 0.5 | Jun 2024 0.5 | Sep 2024 0.5 | Dec 2024 0.5 | Mar 2025 0.7 | Jun 2025 0.8 | Sep 2025 0.9 | Dec 2025 0.9 | Mar 2026 0.7 | Jun 2026 —
- TFC: Sep 2021 1.1 | Dec 2021 1.1 | Mar 2022 1.2 | Jun 2022 1.0 | Sep 2022 1.0 | Dec 2022 0.9 | Mar 2023 0.7 | Jun 2023 0.6 | Sep 2023 0.6 | Dec 2023 0.8 | Mar 2024 0.9 | Jun 2024 0.8 | Sep 2024 0.9 | Dec 2024 0.9 | Mar 2025 0.8 | Jun 2025 0.9 | Sep 2025 0.9 | Dec 2025 1.0 | Mar 2026 0.9 | Jun 2026 1.0
- FITB: Sep 2021 1.3 | Dec 2021 1.3 | Mar 2022 1.5 | Jun 2022 1.2 | Sep 2022 1.3 | Dec 2022 1.3 | Mar 2023 1.0 | Jun 2023 1.0 | Sep 2023 1.0 | Dec 2023 1.2 | Mar 2024 1.3 | Jun 2024 1.3 | Sep 2024 1.4 | Dec 2024 1.4 | Mar 2025 1.3 | Jun 2025 1.3 | Sep 2025 1.4 | Dec 2025 1.4 | Mar 2026 1.2 | Jun 2026 1.5
- MTB: Sep 2021 1.1 | Dec 2021 1.1 | Mar 2022 1.2 | Jun 2022 1.1 | Sep 2022 1.2 | Dec 2022 1.0 | Mar 2023 0.8 | Jun 2023 0.8 | Sep 2023 0.8 | Dec 2023 0.8 | Mar 2024 0.9 | Jun 2024 0.9 | Sep 2024 1.0 | Dec 2024 1.1 | Mar 2025 1.0 | Jun 2025 1.1 | Sep 2025 1.1 | Dec 2025 1.1 | Mar 2026 1.1 | Jun 2026 1.3
- HBAN: Sep 2021 1.2 | Dec 2021 1.2 | Mar 2022 1.1 | Jun 2022 1.0 | Sep 2022 1.1 | Dec 2022 1.2 | Mar 2023 0.9 | Jun 2023 0.8 | Sep 2023 0.8 | Dec 2023 1.0 | Mar 2024 1.1 | Jun 2024 1.0 | Sep 2024 1.0 | Dec 2024 1.2 | Mar 2025 1.1 | Jun 2025 1.2 | Sep 2025 1.1 | Dec 2025 1.1 | Mar 2026 1.0 | Jun 2026 1.1
- BAP: Sep 2021 1.5 | Dec 2021 1.5 | Mar 2022 1.9 | Jun 2022 1.4 | Sep 2022 1.4 | Dec 2022 1.4 | Mar 2023 1.3 | Jun 2023 1.4 | Sep 2023 1.2 | Dec 2023 1.4 | Mar 2024 1.5 | Jun 2024 1.5 | Sep 2024 1.6 | Dec 2024 1.6 | Mar 2025 1.5 | Jun 2025 1.8 | Sep 2025 2.0 | Dec 2025 2.0 | Mar 2026 2.4 | Jun 2026 —
- CFG: Sep 2021 0.9 | Dec 2021 0.9 | Mar 2022 0.9 | Jun 2022 0.7 | Sep 2022 0.7 | Dec 2022 0.8 | Mar 2023 0.6 | Jun 2023 0.5 | Sep 2023 0.6 | Dec 2023 0.6 | Mar 2024 0.7 | Jun 2024 0.7 | Sep 2024 0.7 | Dec 2024 0.8 | Mar 2025 0.7 | Jun 2025 0.8 | Sep 2025 0.9 | Dec 2025 1.0 | Mar 2026 1.0 | Jun 2026 1.1
- RF: Sep 2021 1.1 | Dec 2021 1.1 | Mar 2022 1.3 | Jun 2022 1.1 | Sep 2022 1.2 | Dec 2022 1.3 | Mar 2023 1.0 | Jun 2023 1.0 | Sep 2023 1.0 | Dec 2023 1.0 | Mar 2024 1.1 | Jun 2024 1.1 | Sep 2024 1.1 | Dec 2024 1.2 | Mar 2025 1.1 | Jun 2025 1.1 | Sep 2025 1.2 | Dec 2025 1.2 | Mar 2026 1.2 | Jun 2026 1.4
- FCNCA: Sep 2021 1.8 | Dec 2021 1.7 | Mar 2022 1.0 | Jun 2022 1.0 | Sep 2022 1.2 | Dec 2022 1.1 | Mar 2023 0.7 | Jun 2023 0.9 | Sep 2023 1.0 | Dec 2023 1.0 | Mar 2024 1.1 | Jun 2024 1.1 | Sep 2024 1.1 | Dec 2024 1.3 | Mar 2025 1.1 | Jun 2025 1.2 | Sep 2025 1.1 | Dec 2025 1.2 | Mar 2026 1.0 | Jun 2026 1.1
- KEY: Sep 2021 1.2 | Dec 2021 1.2 | Mar 2022 1.4 | Jun 2022 1.1 | Sep 2022 1.1 | Dec 2022 1.2 | Mar 2023 0.8 | Jun 2023 0.6 | Sep 2023 0.8 | Dec 2023 0.9 | Mar 2024 1.0 | Jun 2024 0.9 | Sep 2024 1.0 | Dec 2024 1.0 | Mar 2025 0.9 | Jun 2025 1.0 | Sep 2025 1.0 | Dec 2025 1.1 | Mar 2026 1.1 | Jun 2026 1.3
- EWBC: Sep 2021 1.9 | Dec 2021 1.9 | Mar 2022 2.0 | Jun 2022 1.6 | Sep 2022 1.7 | Dec 2022 1.6 | Mar 2023 1.2 | Jun 2023 1.2 | Sep 2023 1.1 | Dec 2023 1.5 | Mar 2024 1.6 | Jun 2024 1.4 | Sep 2024 1.5 | Dec 2024 1.7 | Mar 2025 1.6 | Jun 2025 1.7 | Sep 2025 1.7 | Dec 2025 1.7 | Mar 2026 1.6 | Jun 2026 1.9
- PNFP: Sep 2021 1.4 | Dec 2021 1.4 | Mar 2022 1.3 | Jun 2022 1.0 | Sep 2022 1.2 | Dec 2022 1.0 | Mar 2023 0.7 | Jun 2023 0.7 | Sep 2023 0.9 | Dec 2023 1.1 | Mar 2024 1.1 | Jun 2024 1.0 | Sep 2024 1.2 | Dec 2024 1.4 | Mar 2025 1.3 | Jun 2025 1.3 | Sep 2025 1.1 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- WBS: Sep 2021 1.5 | Dec 2021 1.5 | Mar 2022 1.2 | Jun 2022 0.9 | Sep 2022 1.0 | Dec 2022 1.0 | Mar 2023 0.8 | Jun 2023 0.8 | Sep 2023 0.9 | Dec 2023 1.0 | Mar 2024 1.0 | Jun 2024 0.9 | Sep 2024 0.9 | Dec 2024 1.0 | Mar 2025 0.9 | Jun 2025 1.0 | Sep 2025 1.0 | Dec 2025 1.1 | Mar 2026 1.2 | Jun 2026 1.3

## Market action

Credicorp Ltd. has the strongest one-year price move in Banks - Regional at +64.5%. It also leads on Mansfield relative strength against the S&P 500 at +16.7%. 15 of 18 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

### Strongest one-year price performers
1. Credicorp Ltd. (BAP): 65%
2. Citizens Financial Group, Inc. (CFG): 56%
3. U.S. Bancorp (USB): 47%
4. Fifth Third Bancorp (FITB): 41%
5. Lloyds Banking Group plc (LYG): 41%

### Strongest relative strength versus NIFTY 500
1. Credicorp Ltd. (BAP): 17%
2. Citizens Financial Group, Inc. (CFG): 14%
3. U.S. Bancorp (USB): 12%
4. M&T Bank Corporation (MTB): 12%
5. Fifth Third Bancorp (FITB): 12%

## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- Thin comparisons: Return on assets, Asset quality have fewer than three usable current readings.

## Every company
- The PNC Financial Services Group, Inc. (PNC) — market value ₹1.0 L Cr; latest fundamentals Jun 2026
- U.S. Bancorp (USB) — market value ₹1.0 L Cr; latest fundamentals Jun 2026
- Lloyds Banking Group plc (LYG) — market value ₹87.0K Cr; latest fundamentals Mar 2026
- Nu Holdings Ltd. (NU) — market value ₹70.9K Cr; latest fundamentals Mar 2026
- NatWest Group plc (NWG) — market value ₹70.3K Cr; latest fundamentals Mar 2026
- Deutsche Bank Aktiengesellschaft (DB) — market value ₹66.3K Cr; latest fundamentals Mar 2026
- Truist Financial Corporation (TFC) — market value ₹64.7K Cr; latest fundamentals Jun 2026
- Fifth Third Bancorp (FITB) — market value ₹52.4K Cr; latest fundamentals Jun 2026
- M&T Bank Corporation (MTB) — market value ₹36.6K Cr; latest fundamentals Jun 2026
- Huntington Bancshares Incorporated (HBAN) — market value ₹35.0K Cr; latest fundamentals Jun 2026
- Credicorp Ltd. (BAP) — market value ₹30.9K Cr; latest fundamentals Mar 2026
- Citizens Financial Group, Inc. (CFG) — market value ₹30.8K Cr; latest fundamentals Jun 2026
- Regions Financial Corporation (RF) — market value ₹26.7K Cr; latest fundamentals Jun 2026
- First Citizens BancShares, Inc. (FCNCA) — market value ₹25.0K Cr; latest fundamentals Jun 2026
- KeyCorp (KEY) — market value ₹24.3K Cr; latest fundamentals Jun 2026
- East West Bancorp, Inc. (EWBC) — market value ₹18.0K Cr; latest fundamentals Jun 2026
- Pinnacle Financial Partners, Inc. (PNFP) — market value ₹15.8K Cr; latest fundamentals Sep 2025
- Webster Financial Corporation (WBS) — market value ₹12.5K Cr; latest fundamentals Jun 2026

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-28.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Which Banks - Regional company is the biggest?

Deutsche Bank Aktiengesellschaft is the largest, with trailing-twelve-month income of $30,490 million, ahead of Credicorp Ltd. at $23,002 million. That covers 5 of 18 companies with comparable reporting through Mar 2026.

### Which Banks - Regional company is growing fastest?

Lloyds Banking Group plc has the fastest income growth at 46.1% year on year, across 5 of 18 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

### Which Banks - Regional company makes the most profit?

Credicorp Ltd. earns the most, at $7,378 million of trailing-twelve-month net profit, from 5 of 18 comparable companies. Deutsche Bank Aktiengesellschaft has the fastest profit growth at 79.5%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Banks - Regional stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Deutsche Bank Aktiengesellschaft screens cheapest at 0.27×. Only 18 of 18 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Which Banks - Regional lender has the largest funding base?

Deutsche Bank Aktiengesellschaft has the largest reported deposit base at $690,797 million. For lenders, deposits and borrowings are operating inputs rather than leverage, so they are read against asset quality and returns instead of as debt.

### Is the Banks - Regional sector beating the market?

Banks - Regional has outperformed S&P 500 by 12.3% over the last 52 weeks and 5.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 15 of 18 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Banks - Regional stock has the strongest price momentum?

Credicorp Ltd. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Banks - Regional company scores highest for research priority?

Credicorp Ltd. scores 56.3 out of 100 with 61.7% evidence confidence, from 18.9 points on growth and earnings, 13.7 on capital efficiency, 5.7 on valuation and 18 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Banks - Regional companies does this comparison cover, and over what period?

It compares 18 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Banks - Regional sector?

The 18 Banks - Regional companies on this page carry $868,194 million of combined market value. The PNC Financial Services Group, Inc. is the largest at $100,506 million, about 12% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

### What is the Banks - Regional sector's P/B ratio?

The median price-to-book ratio across the 18 Banks - Regional companies on this page is 1.3×, measured on the 18 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

### How is the Banks - Regional sector performing?

15 of the 18 covered Banks - Regional companies are beating S&P 500 on Mansfield relative strength. The sector itself is 12.3% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

### How many Banks - Regional stocks are listed in the US?

This comparison covers 18 listed Banks - Regional companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Narrative sector analysis: https://www.sectoralpha.in/sectors/banks-regional