RFRFEarnings Analysis财报电话会Source pending来源待核by InvestLog AIInvestLog AI 整理
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RF earnings call: For full year 2026, we continue to expect adjusted noninterest expense to be up between 1.5% and 3.5%, we expect to deliver full year adjusted positive operating leverage.地区金融公司 (RF) 电话会：对于2026年全年，我们仍预计调整后非利息支出将增长1.5%至3.5%，并有望实现全年调整后正向运营杠杆。
Management remarks
Call period: 2026 Q3 · 2026-10-16
Guidance: Anil D. Chadha: For full year 2026, we continue to expect adjusted noninterest expense to be up between 1.5% and 3.5%, we expect to deliver full year adjusted positive operating leverage.
Demand and orders: Anil D. Chadha: The mix of loan growth continues to migrate towards high quality credits, And while this creates a headwind for asset spreads, net interest income and margin the economic trade off is evident in improving credit results and deepening customer relationships.
Margins: Anil D. Chadha: Net interest margin increased 2 basis points to 3.68%, reflecting our strong profitability and deposit funding advantage.
Analyst Q&A
Analyst Analyst asked: I know you further repositioned securities book this quarter. $845 million or so. Can you just talk to us about potential further actions there to adjust your rate sensitivity via the securities book and other actions that you are taking as part of that expectation to manage rates? Management Anil D. Chadha answered: Yeah. So we are gonna maintain the discipline that you seen from us in terms of looking at the return profile of those transactions since about $850 million that we executed this quarter that $15 million loss had about a 2-year payback on that. And so we have been we have been consistent with thinking about that from a payback of less than 3 years, and we will do that through time.
