Net income reached $148.7 million for the quarter, up from $130.7 million in the same period last year. Chairman and CEO Vincent J. Delie, Jr. attributed the performance to the company's technology-focused business model, which helped drive a 9% increase in pre-provision net revenue. Despite broader market fluctuations, the bank reported 7% annualized linked-quarter growth in average loans and leases, alongside a 5% rise in average non-interest-bearing deposit balances.

Asset quality remained a focal point, with the ratio of non-performing loans to total loans decreasing to 0.31%. The company also continued its capital management strategy, repurchasing 2.7 million shares during the quarter at a weighted average price of $17.46. With a Common Equity Tier 1 capital ratio estimated at 11.4%, the institution continues to emphasize efficiency and household penetration across its seven-state footprint.