| C |
Report |
EPS |
BEAT |
pred ~$2.83 vs. cons $2.72 |
MEDIUM |
| C |
Report |
Total revenue |
BEAT |
pred ~$23.90B vs. cons $23.50B |
MEDIUM |
| C |
Report |
FICC trading revenue |
BEAT |
pred ~$4.65B vs. cons $4.48B |
MEDIUM |
| C |
Guide |
Net interest income ex-Markets growth |
UNCHANGED |
guide ~5.5% vs. cons 5.5% (FY2026) |
HIGH |
| C |
Guide |
Efficiency ratio |
UNCHANGED |
guide ~60.0% vs. cons 60.0% (FY2026) |
HIGH |
| C |
Guide |
RoTCE |
UNCHANGED |
guide ~10.5% vs. cons 10.5% (FY2026) |
HIGH |
| C |
Guide |
U.S. card net charge-off rate |
UNCHANGED |
guide ~4.25% vs. cons 4.25% (FY2026) |
MEDIUM |
| C |
Guide |
Common-share repurchases |
BETTER |
guide ~$12.0B vs. cons $10.0B (2H2026) |
MEDIUM |
| C |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.8% |
— |
MEDIUM |
| C |
Return |
5-day cumulative residual |
+0.6% (FADE) |
A ~$0.11 EPS beat versus $2.72 consensus and ~$0.40B revenue beat versus $23.50B should produce an initial positive reaction, but unchanged ~5.5% NII ex-Markets growth and ~60.0% efficiency guidance leave FY2026/FY2027 estimate math largely intact after a stock that is already up ~21% YTD. |
MEDIUM |