- Third-quarter EPS of 25 cents beats consensus estimate 22 cents.
- Return on average tangible common equity rises to 10.18%.
- Net interest margin, income, decline slightly from Q2.
- Average portfolio loans grow 1% sequentially, 5% year-over-year.
Of firms that reported, 75% beat expectations for earnings per share, while 64% beat revenue projections.
The Fed's intent is still as plain to see as it was late last year. This committee remains on mission.