- Q3 capital markets revenue fell short of expectations, weighing on overall revenue against analyst consensus.
- Shares fell 1.37% to $82.15 in pre-market trading on Tuesday, October 13, 2026.
- Consumer Banking, Commercial Banking and Wealth Management revenue increased, while Corporate & Investment Banking, lower venture capital income and reduced lease income offset those gains.
- 2026 NII guidance was maintained.
- Bloomberg reports Q3 results topped Wall Street estimates, which conflicts with the Seeking Alpha account of revenue lagging consensus.
- CFO Mike Santomassimo says the company has seen good activity across different parts of the business, covering lending, interest rates and deals.
- An analyst flags non-interest deposit declines and consumer lending growth as key concerns for compounding returns.