UK Bank Credit Rating Trend Reports
Quarterly summary of UK bank credit rating trends for Q1 2026
64
Total Banks11
Upgrades5
Downgrades38
StableExecutive Summary - Q1 2026
The UK banking sector shows positive momentum for Q1 2026, with credit ratings generally improving. Of the 64 banks monitored, 11 have experienced upgrades while 5 have seen downgrades. 30 banks (47%) maintain investment grade status. The outlook distribution shows 3 banks with positive outlook, 23 stable, and 1 negative, suggesting potential for further upgrades in the coming period.
Key Highlights:
30 banks maintain investment grade ratings (BBB-/Baa3 or higher)
11 banks upgraded during this period
5 banks experienced rating downgrades
3 banks have positive outlook, indicating potential upgrades
1 bank have negative outlook, watch for potential downgrades
Rating Grade Distribution
Rating Upgrades (11)
Rating Downgrades (5)
Outlook Analysis
3
Positive Outlook23
Stable Outlook1
Negative Outlook1
Under ReviewInvestment Grade Summary
30 out of 64 banks (46.9%) hold investment grade ratings (BBB- / Baa3 or higher).