The bank now anticipates that average loans and deposits will settle at the lower end of its earlier guidance, which had projected increases of up to 37% and 34% respectively. While the company projects noninterest income to grow by 32%, reaching the midpoint of its previous estimates, these figures remain below the $3.01 billion target expected by analysts. Consequently, overall revenue growth is now anticipated at 34%, a notable decline from the prior 37% forecast.

Chief Executive Steve Steinour and finance chief Zach Wasserman are set to address these results at the 2026 Barclays Global Financial Services Conference. The updated outlook follows a period of volatility for the bank, as shares declined in July after second-quarter earnings failed to meet market expectations.