Ann: COVID-19 Trading Update 112 - Week Ended 6 May 2022, page-16

there’s been a lot of talk around capital. Correct me if I’m wrong but I think we’ve been talking about the capital adequacy ratio used by regulators to ensure a bank has enough capital to deal with depositors funds in an emergency. Tyro has 44% which is way higher than the minimum of 8% required. You can google the APS 330 reports from NAB, CBA and others to compare. I doubt they’d need to deal with this in the short term
and falls in a he ratio are expected. We’ll know about this soon though as I think banks start reporting the March numbers in May.

Frankly, I wouldn’t bother debating their capital till the data comes out. It just feeds speculation.