Loan Growth
Average loans increased by almost 1% and period-end loans by approximately 3%, driven by new loan production for new and existing customers.
Earnings Increase
Reported earnings per share of $1.42, representing an almost 14% increase over the prior quarter.
Capitalization Strength
Estimated CET1 of 11.94%, well above the 10% strategic target, even after a compelling dividend and higher share repurchases.
Non-Interest Income Improvement
Non-interest income increased by $20 million with growth across most customer line items.
Strategic Investments in Payments
Introduced new real-time payment solutions, enhancing competitive funding sources and customer flexibility.