Bancorp (USB) Q3 2026 Earnings Call Transcript - AOL

Bancorp’s Q3 2026 earnings call highlighted record revenue and an increase to its outlook, pointing to strength in capital markets. Net revenue reached $7.97 billion, up 8.7% year over year, supported by higher net interest income and fee revenue. Diluted earnings per share rose to $1.34, a 10% increase. Net interest income was $4.49 billion on a taxable-equivalent basis, while net interest margin expanded to 2.84%. Fee revenue totaled $3.545 billion, up 14.9%, with capital markets revenue at $640 million (+69%) after a full quarter from BTIG. The company also raised full-year 2026 net revenue guidance to 8%–9%.