Benchmarks · Banking and lending

Banking and lending:
the regulators' numbers

9 figures from primary regulatory publications: Federal Reserve charge-off series across three loan types, US banking sector return on assets from the FDIC, capital adequacy and total capital from the Bank of Russia review, plus originations and portfolio quality in microfinance.

United States: cost of risk and sector profitability

MetricValuePeriodSource
Net charge-off rate, consumer loans, all US commercial banks2.64%Q1 2026Federal Reserve, series CORCACBS (charge-off and delinquency rates), via FRED
Net charge-off rate, credit card loans, all US commercial banks3.84%Q1 2026Federal Reserve, series CORCCACBS, via FRED
Net charge-off rate, business loans, all US commercial banks0.59%Q1 2026Federal Reserve, series CORBLACBS, via FRED
Return on assets, US banking industry1.26%Q1 2026FDIC, Quarterly Banking Profile, Q1 2026

Russia: capital adequacy and capital base

MetricValuePeriodSource
Total capital adequacy ratio (N1.0), Russian banking sector14.1%06.2026Bank of Russia, Russian banking sector development review, June 2026
Total regulatory capital, Russian banking sector22.3T ₽06.2026Bank of Russia, Russian banking sector development review, June 2026

Russia: the microfinance market

MetricValuePeriodSource
Microloan originations per quarter, Russian MFI sector482B ₽Q1 2026Bank of Russia, trends in the microfinance market, Q1 2026
Consumer-segment microloan originations per quarter442B ₽Q1 2026Bank of Russia, trends in the microfinance market, Q1 2026
Share of originations rolling into 90+ day delinquency within a quarter7%2025Bank of Russia, trends in the microfinance market, Q1 2026

How to read this

What matters about these numbers

  • Every row covers a whole sector, not a sample: the Federal Reserve series span all US commercial banks, and the Bank of Russia reviews cover the entire banking and microfinance market. A single institution can differ from its sector by a wide margin.
  • Charge-offs are split by loan type, and the spread is itself the finding: cards lose roughly six times what business lending loses. An average cost of risk with no product split is meaningless.
  • The FDIC publishes return on ASSETS (1.26%), not on equity: at the sector's typical leverage that corresponds to an ROE around 11–12%, but the exact figure depends on each bank's funding mix.
  • The microfinance delinquency row measures deterioration — the share of originations that roll past 90 days within a quarter — not the portfolio NPL level. These are different quantities and must not be confused.
  • Russian and US figures are not directly comparable: different currencies, different provisioning rules and different portfolio mixes.

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