Raymond James Financial Reports Quarterly Results
Raymond James Financial reported results for the quarter ended September 30.
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Raymond James Financial reported results for the quarter ended September 30.
Cincinnati Financial reported third-quarter 2026 net income of $459 million and non-GAAP operating income of $443 million. Its property-casualty combined ratio was 90.9%, up 2.7 percentage points from a year earlier.
Independent Bank reported third-quarter 2026 net income of $17.9 million, or $0.80 per diluted share. Adjusted net income was $20.6 million, or $0.92 per diluted share, excluding merger-related expenses.
Alpine Income Property Trust raised its 2026 AFFO-per-share guidance to $2.20–$2.22, citing increased investment volume. Management also reported AFFO per diluted share growth of 19.6% year over year and more than $300 million in year-to-date closed and under-contract investments.
Customers Bancorp reported third-quarter EPS of $2.25, up 10% quarter over quarter, with deposits rising 11% year over year to a record $22.6 billion and loans up 14% to a record $18.5 billion. The bank set 2026 guidance for loan growth of 12% or higher and deposit growth of 9% or more.
Amerant Bancorp reported third-quarter net income of $25.7 million and diluted EPS of $0.65, with net interest margin at 3.77%. It authorized a share repurchase program of up to $50 million through Dec. 31, 2027.
Associated Banc reported GAAP EPS of $0.76 and adjusted EPS of $0.81 for Q3 2026. Net interest income rose $7 million, while net interest margin increased 3 basis points to 3.2%.
Texas Capital Bancshares reported record third-quarter adjusted earnings per share of $2.35, up 8% year over year, and adjusted revenue of $357 million, up 5%. The company also authorized a new $200 million share repurchase after completing its prior buyback plan.
Neptune Insurance reported Q3 revenue up 34% year over year to $59.6 million and adjusted EBITDA up 38% to $36.8 million. It raised 2026 guidance to $204 million in revenue and an adjusted EBITDA margin above 61%, and forecast 2027 revenue of $238 million.
Intuitive Surgical reported Q3 2026 revenue growth of 22% to over $3 billion, alongside 15% growth in total procedures and 28% growth in da Vinci system placements. The company also plans to reduce da Vinci instruments and accessories revenue per procedure by 3% to 5%.
BOK Financial reported Q3 2026 earnings of $159.9 million, or $2.64 per diluted share. Loans grew 2.4% sequentially, and net interest margin increased 9 basis points to 3.0%.
Western Alliance reported Q3 2026 EPS of $2.45, up 7.5%, and increased its 2026 adjusted net interest income growth outlook to 11%-12%. Nonaccrual loans fell 14% to $485 million, while the bank repurchased $92 million of shares.
Wintrust Financial reported third-quarter net income of $239 million, its seventh consecutive quarterly record, up from $234 million in the prior quarter. Net interest income rose to $621.6 million, while deposits increased about $1.3 billion and loans roughly $1.1 billion.
Peoples Bancorp reported Q3 2026 diluted EPS of $1.04, versus analyst expectations of $0.93; adjusted EPS was $0.91. The bank also projected 2026 loan growth of 6% to 8% and 2027 growth of 3% to 5%.
RLI reported third-quarter operating earnings of $0.86 per share, compared with $0.82 a year earlier. Gross premiums written rose 2% and net investment income increased 13%.
Mercantile Bank reported third-quarter 2026 net income of $24.1 million. Net interest margin rose to 3.73% from 3.49% a year earlier, while commercial loans increased 9% from year-end and revenue rose 17% year over year.
Atlantic Union Bankshares reported third-quarter results, including average loans up 9.6% annualized to period-end loans of $29.3 billion and average deposits up 1.5% annualized to $31 billion. Net interest margin fell 6 basis points to 3.88%, while net interest income rose $3.4 million; the company also lowered full-y
United Community Banks reported third-quarter operating earnings of $0.77 per share, up from $0.71 in the previous quarter. Core loans grew 10% annualized, and the company expects fourth-quarter EPS of $0.80 to $0.83.
ServisFirst Bancshares reported third-quarter net income of $87.3 million, or $0.80 per diluted share. Loans topped $14.7 billion, up at a 10% annualized rate, while net interest margin was 3.63%.
Travelers reported core income of $1.95 billion, or $9.18 per diluted share, and core return on equity of 22.1%. The insurer posted a combined ratio of 86.8% and underwriting income of $1.4 billion.
Home BancShares reported record third-quarter earnings and said it paid a new dividend of $0.23 per share, described as a 9.5% increase. The company also repurchased 1.3 million shares for approximately $39.3 million during the quarter.
First Horizon reported adjusted third-quarter EPS of $0.53 and said it agreed in October to sell about $4.5 billion of residential mortgage loans, with settlement expected early in the fourth quarter. The bank expects the sale to add about 4% to EPS in 2027, excluding potential benefits from redeploying proceeds.
goeasy reported adjusted diluted EPS of $1.02 for Q2 2026, up from an adjusted loss per share of $1.90 in Q1. The lender said it cut loan originations 70% year over year and expects Q3 ending loans receivable between $4.8 and $5 billion, with net charge-offs of 14.5% to 16%.
Doximity reported fiscal Q1 2027 revenue of $157 million, up 7% year over year, and adjusted EBITDA of $75 million at a 48% margin. The company raised full-year revenue guidance, representing 5% growth.
Alta Equipment Group reported second-quarter 2026 revenue of $475.5 million and adjusted EBITDA of $48.6 million. The company narrowed its adjusted EBITDA guidance range, citing better visibility into equipment deliveries and backlog conversion.
Arlo reported Q2 revenue of $156 million, up more than 20% year over year, and non-GAAP EPS of $0.28, up 65%. It raised full-year 2026 revenue and EPS guidance.
Cable One reported second-quarter 2026 revenue of $348.9 million, compared with $381.1 million in the same quarter of 2025. The company also reported a net loss of 17,000 residential broadband customers amid elevated churn.
Netgear reported Q2 revenue of $168.6 million and said Enterprise revenue rose 7.7% year over year. The company forecast Q3 revenue of $165 million to $175 million and non-GAAP operating margin of negative 3% to 0%.
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