{
  "report_rows": [
    {
      "kpi": "Operating EPS (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$2.82 vs cons $2.70",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net Interest Income (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$668M vs cons $652.8M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Trust & Servicing Fees (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$1,370M vs cons $1,351.4M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY 2026 NII growth (FY26)",
      "prediction": "BETTER",
      "answer": "guide ~'high single digits' vs cons $2,641.7M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Operating Leverage (FY26)",
      "prediction": "BETTER",
      "answer": "guide ~'>300bps' vs prior '>100bps' floor",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Expense trajectory (FY26)",
      "prediction": "UNCHANGED",
      "answer": "reaffirm 'direction down for remainder of year'",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 5.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 7.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 sell-side revises Q3/Q4 NII estimates up on FY raise; guide math is coherent and implies H2 run rate of ~$659M/quarter vs $616M in prior year H2",
  "day5_confidence": "MEDIUM"
}