Strong Earnings Growth
Earnings per share of $1.93 were up 27% year over year on a reported basis and up 28% excluding notable items.
Record Revenue Achievement
Total revenue exceeded $5 billion in a quarter for the first time, up 9% year over year.
Positive Operating Leverage
Generated significant positive operating leverage, roughly 500 basis points on both the reported and operating basis.
Advancements in Digital Assets
Selected as reserve custodian for Societe Generale's first USD stablecoin in Europe and Ripple's US stablecoin reserves.
Increased Capital Returns
Returned $1.2 billion of capital to common shareholders, resulting in a 92% total payout ratio year to date.
Improved Financial Metrics
Pretax margin improved to 37%, and return on tangible common equity improved to 28%.