Interim Pillar 3 Disclosures
Shawbrook Group plc
Real world banking.
Interim Pillar 3 Disclosures-
Introduction
This report presents the Interim 2026 Pillar 3 disclosures of Shawbrook Group plc (the 'Company') and its subsidiaries (together, the 'Group') for the six months ended 30 June 2026, prepared in accordance with the Disclosure (CRR) Part of the PRA Rulebook ('the Rulebook'). This document should be read in conjunction with the Group's Interim Financial Report for the same period, available at: https://www.shawbrook.co.uk/investors.
Basis of preparationThe disclosures are provided for the Group as at 30 June 2026, and the reporting currency is pounds sterling. All amounts are rounded to the nearest million (to one decimal place). The Group's accounts are prepared in accordance with UK-adopted International Accounting Standards. Unless otherwise stated, amounts are presented on a Capital Requirements Directive V (CRD V) basis. Comparative information is provided as at 31 December 2025 and 30 June 2025. The 31 December 2025 figures are sourced from the Group's published Pillar 3 disclosures for the year ended 31 December 2025.
Basis of consolidationThe PRA supervises Shawbrook Group plc on a consolidated basis. There are no differences between the accounting and regulatory scopes of consolidation, all subsidiary companies are consolidated in full, and disclosure at Group level only is appropriate as there is no material difference between the Group and Bank Group consolidation. This approach is consistent with Article 432 UK CRR.
Scope and frequency of disclosuresAs at 30 June 2026, the Group is classified as an 'Other Institution'. As a listed Other Institution under Article 433c, the Group discloses key metrics (Template UK KM1) on a semi-annual basis and publishes a full Pillar 3 report annually; no standalone quarterly disclosures are required. Pillar 3 disclosures will be published on the Group's website concurrently with the Interim Financial Report. The most recent full Pillar 3 disclosures, for the year ended 31 December 2025, are available at https://www.shawbrook.co.uk/investors.
Review and attestationThe disclosure has been prepared in accordance with Shawbrook's Pillar 3 Policy, which sets out the formal policies, internal processes, systems and controls governing the preparation, verification and publication of Pillar 3 disclosures, as required under Article 431(3) of the Disclosure (CRR) Part of the PRA Rulebook.
As an external publication, these disclosures have been subject to internal verification, challenge and review. The disclosures are not required to be, and have not been, externally audited and do not form part of the financial statements. However, certain information appears in the Interim Financial Report, which is subject to external review.
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Disclosures for Shawbrook Group plc (the 'Group')
Annex I: Disclosure of key metrics
Template 1: UK KM1 - Key metrics template
Presented in accordance with Template UK KM1, set out in Annex I to the Disclosure (CRR) Part of the PRA Rulebook.
GROUP 30 Jun 2026 31 Dec 2025 30 Jun 2025Available own funds (amounts)
1
Common Equity Tier 1 (CET1) capital (£m)
1,620.3
1,489.8
1,392.6
2
Tier 1 capital (£m)
1,888.1
1,612.9
1,515.7
3
Total capital (£m)
2,052.1
1,776.7
1,680.1
Risk-weighted exposure amounts
4
Total risk-weighted exposure amount (£m)
12,476.9
12,003.2
10,611.6
Capital ratios (as a percentage of risk-weighted exposure amount)
5
Common Equity Tier 1 ratio (%)
13.0
12.4
13.1
6
Tier 1 ratio (%)
15.1
13.4
14.3
7
Total capital ratio (%)
16.4
14.8
15.8
Additional own funds requirements based on SREP (as a percentage of risk-weighted exposure amount)
UK 7a
Additional CET1 SREP requirements (%)
0.7
0.7
0.7
UK 7b
Additional AT1 SREP requirements (%)
0.2
0.2
0.2
UK 7c
Additional T2 SREP requirements (%)
0.3
0.3
0.3
UK 7d
Total SREP own funds requirements (%)
9.2
9.2
9.2
Combined buffer requirement (as a percentage of risk-weighted exposure amount)
8
Capital conservation buffer (%)
2.5
2.5
2.5
9
Institution specific countercyclical capital buffer (%)
2.0
2.0
2.0
11
Combined buffer requirement (%)
4.5
4.5
4.5
UK 11a
Overall capital requirements (%)
13.7
13.7
13.7
12
CET1 available after meeting the total SREP own funds requirements (%)
7.8
7.2
7.9
Leverage ratio
13
Total exposure measure excluding claims on central banks (£m)
21,704.5
20,610.1
18,725.9
14
Leverage ratio excluding claims on central banks (%)
8.7
7.8
8.1
Liquidity coverage ratio1
15
Total high-quality liquid assets (HQLA) (Weighted value - average) (£m)
3,015.8
3,009.7
3,065.1
UK 16a
Cash outflows - Total weighted value (£m)
2,194.0
2,141.3
1,898.2
UK 16b
Cash inflows - Total weighted value (£m)
266.9
233.2
231.7
16
Total net cash outflows (adjusted value) (£m)
1,927.0
1,912.1
1,666.5
17
Liquidity coverage ratio (%)
156.9
158.1
191.2
Net Stable Funding Ratio
18
Total available stable funding (£m)
19,243.0
18,304.3
17,679.1
19
Total required stable funding (£m)
15,289.5
14,156.9
13,446.6
20
NSFR ratio (%)2
125.9
129.5
131.6
The liquidity coverage ratio metrics are calculated as the simple average of the month end observations for the preceding 12 months. It should be noted that this differs to the metrics reported in the 2026 Interim Report, which present the position at the period-end date.
The NSFR ratio for 30 June 2026 and 30 June 2025 represent the average of the quarter one and quarter two; for 31 December 2025 it represents the average of the last four quarters. This differs from the Interim Report and Annual Report and Accounts disclosure, which presents the position at the period-end date.