Reports Q2 revenue $1.84B, consensus $1.8B. Reports Q2 book value per share $15.32. Reports Q2 CET1 capital ratio 11.7%. Reports Q2 net charge-offs .39%. The company said, “Our second quarter results demonstrate continued strong momentum. Revenue was up 21% year-over-year driven by our clearly defined net interest income tailwinds and 10% growth in noninterest income, while expenses grew 7%. Sequentially, net interest income grew 4%. Credit quality continues to trend in a positive direction with overall credit migration improving for the sixth consecutive quarter.”
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