{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.58 vs. cons $1.56",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net revenue",
      "prediction": "BEAT",
      "answer": "pred ~$6.87B vs. cons $6.78B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net interest margin",
      "prediction": "IN-LINE",
      "answer": "pred ~3.05% vs. cons 3.03%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Net revenue growth",
      "prediction": "BETTER",
      "answer": "guide ~16.0% midpoint vs. cons 15.8% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net interest margin",
      "prediction": "BETTER",
      "answer": "guide ~3.10% midpoint vs. cons 3.09% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted expense growth",
      "prediction": "LOWER",
      "answer": "guide ~9.5% midpoint vs. cons 9.7% (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Daily average trades",
      "prediction": "BETTER",
      "answer": "guide ~10.0M vs. cons 9.8M (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "The residual fades from +1.4% on day 1 to +0.5% by day 5: reported upside and a modest revenue/NIM raise support estimates, but elevated expectations, an approximately 13% July pre-earnings rally, and higher volume-related costs limit out-period EPS revisions.",
  "day5_confidence": "MEDIUM"
}