What changed
EPS of $0.70 beat consensus by $0.02 (2.9%), while core EPS of $0.71 also topped estimates. Revenue quality improved as net interest margin expanded 8bps to 3.73% on better loan yields and deposit cost control, though core net income dipped slightly linked-quarter. The market may miss that the American Planning Corp acquisition closed June 29, adding fee-based advisory revenue, and tangible book value rose to $23.18, signaling capital strength beyond the headline beat.
Why it matters
EPS of $0.70 beat consensus by $0.02 (2.9%), while core EPS of $0.71 also topped estimates. Revenue quality improved as net interest margin expanded 8bps to 3.73% on better loan yields and deposit cost control, though core net income dipped slightly linked-quarter. The market may miss that the American Planning Corp acquisition closed June 29, adding fee-based advisory revenue, and tangible book value rose to $23.18, signaling capital strength beyond the headline beat.
← Dashboard
Jul 23, 2026 10:59 PM ET