Record Net Interest Income
The company posted a record net interest income of $305 million in Q3, up 16% relative to Q3 of 2024.
Growth in C&I Loans
Nearly $1 billion in high-quality C&I loans added year-to-date, with $300 million added in Q3 alone.
Increase in Core Deposits
Added over $600 million in core deposits in Q3, marking a 2% increase from Q2 and 4% from the same period last year.
Improved Capital Generation
Added 13 basis points of CET1 capital in Q3, totaling 30 basis points year-to-date.
Strong Noninterest Income
Noninterest income increased by 21% in Q3, driven by capital markets revenue, wealth fees, and a onetime asset gain.
Positive Operating Leverage
Efficiency ratio decreased for the third consecutive quarter, coming in below 55%.