{
  "report_rows": [
    {
      "kpi": "Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.05 vs. cons $2.93",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total net revenues",
      "prediction": "BEAT",
      "answer": "pred ~$20.05B vs. cons $19.70B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Wealth Management net new assets",
      "prediction": "BEAT",
      "answer": "pred ~$62B vs. cons $55B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Wealth Management net interest income",
      "prediction": "BETTER",
      "answer": "guide ~$2.24B vs. cons $2.20B (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Wealth Management pre-tax margin",
      "prediction": "UNCHANGED",
      "answer": "guide ~30.0% vs. cons 30.0% (2H26)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Investment-banking pipeline / 2H fee outlook",
      "prediction": "BETTER",
      "answer": "guide ~$4.35B vs. cons $4.20B (2H26 investment-banking revenues)",
      "confidence": "LOW"
    },
    {
      "kpi": "Full-year effective tax rate",
      "prediction": "UNCHANGED",
      "answer": "guide ~22.5% vs. cons 22.5% (FY26)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "A ~$3.05 EPS print versus $2.93 consensus and ~$20.05B revenue versus $19.70B should support an initially positive reaction, but the likely 2H26 investment-banking guide of ~$4.35B versus $4.20B is only modestly above an already elevated bar. With Wealth margin guided near 30.0% versus 30.0% consensus and the tax-rate outlook unchanged at 22.5% versus 22.5%, out-period EPS revisions should be limited; the initial beat is therefore likely to fade rather than drive a sustained rerating.",
  "day5_confidence": "MEDIUM"
}