Profitability improved for the third straight quarter, driven by record C&I loan growth, disciplined expense management, and a strong capital position. CRE exposure and criticized loans declined, while a $250 million share buyback was announced. EPS guidance was revised lower due to higher CRE payo…
Profitability improved for the third straight quarter, driven by record C&I loan growth, disciplined expense management, and a strong capital position. CRE exposure and criticized loans declined, while a $250 million share buyback was announced. EPS guidance was revised lower due to higher CRE payoffs and deposit mix shifts.
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