Record Visitor Spending
Visitor spending year-to-date was $4.6 billion, up 4.5% compared to the same period last year.
Strong Deposit Growth
Total deposits increased by about $500 million in the third quarter, with commercial deposits up by $135 million.
Margin Expansion
Net interest income was $169.3 million, $5.7 million higher than the prior quarter, with a net interest margin of 3.19%, up 8 basis points.
Strong Credit Performance
The bank maintained strong credit metrics with net charge-offs at 12 basis points of total loans and leases.