{
  "report_rows": [
    {
      "kpi": "Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.66 vs. cons $2.60",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net interest income (FTE)",
      "prediction": "BEAT",
      "answer": "pred ~$655M vs. cons $646M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Trust, investment and other servicing fees",
      "prediction": "BEAT",
      "answer": "pred ~$1.37B vs. cons $1.35B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Full-year net interest income growth",
      "prediction": "LOWER",
      "answer": "guide ~7.5% vs. cons 8.0% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Full-year positive operating leverage",
      "prediction": "LOWER",
      "answer": "guide ~100 bps vs. cons 175 bps (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Common-shareholder payout ratio",
      "prediction": "UNCHANGED",
      "answer": "guide ~100% vs. cons 100% (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -4,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest ~$0.06 EPS beat versus consensus is likely offset by FY2026 guide math of ~7.5% NII growth versus ~8.0% consensus and ~100 bps operating leverage versus ~175 bps expected; those ~50 bps to ~75 bps out-period profitability gaps imply forward EPS revisions lower after a stock that rose ~16.4% from $158.99 on April 20, 2026 to $185.09 on July 21, 2026.",
  "day5_confidence": "MEDIUM"
}