Key facts
- US banks participating in the Dodd-Frank Act stress tests (DFAST) anticipate lower loan losses than the Federal Reserve.
- All 20 banks that publicly disclosed their internal stress-test results estimated lower losses than the central bank under the severely adverse scenario.
- JP Morgan projected $70.2 billion in loan losses, representing the largest difference from the Federal Reserve's estimates.
Analysis of the 2026 Dodd-Frank Act stress tests (DFAST) indicates that US banks are more optimistic about potential loan losses than the Federal Reserve. According to Risk Quantum analysis, all 20 banks that publicly disclosed their internal stress-test results estimated lower losses than the central bank's projections under a severely adverse scenario.