Quarterly guidance

Net interest margin
Expected to remain relatively stable into the fourth quarter.
Fee revenue
Expected fourth quarter fee revenue of approximately $750 million, plus or minus normal variability.
Core expenses
Expected to be flat in the fourth quarter versus the third quarter level.

Annual guidance

Loan growth
On track to achieve about a 6% organic growth rate or approximately 36% on a reported basis for full year 2026.
Net interest income growth
Full year NII growth expectation of approximately 35%.
Deposit growth
Full year deposit growth expected at about 32.5%.
Net charge-offs
Full year net charge-offs anticipated in the lower end of the 25 to 35 basis point guidance range.
2027 EPS
Tracking to 2027 EPS guidance of $1.75 to $1.83.

Outlook

Consumer and commercial demand
Customer demand appears solid across the broader bank with strong commercial pipelines and solid consumer spending trends.
Competitive environment
Expects no diminution in the overall competitive environment with continued pricing pressures in certain categories.
Operating leverage
Expects to deliver equal to or greater than 100 basis points of positive operating leverage in 2026 on a full year basis.
Credit and reserves
Expects credit performance to remain stable and anticipates building reserves as the portfolio grows without a reserve release in 2027.