Bank B/S: 2Q26 Week 13 - 2Q26 Locked-In; Large Bks- Avg./EOP Lns Q/Q: +2.3%/+2.3%, Dep: +2.4%/+1.0%; Small Bks Lns: +1.3%/+1.4%, Dep: +0.9%/+0.2%

Research evidence excerpt

Bank B/S: 2Q26 Week 13 - 2Q26 Locked-In; Large Bks- Avg./EOP Lns Q/Q: +2.3%/+2.3%, Dep: +2.4%/+1.0%; Small Bks Lns: +1.3%/+1.4%, Dep: +0.9%/+0.2%

US Banks

EQUITY RESEARCH Industry Report

July 6, 2026

Bank B/S: 2Q26 Week 13 - 2Q26 Locked-In; Large Bks-

Companies mentioned

Ticker Price Rating Target Avg./EOP Lns Q/Q: +2.3%/+2.3%, Dep: +2.4%/+1.0%;

BKU $48.57 Overweight $56.00 Small Bks Lns: +1.3%/+1.4%, Dep: +0.9%/+0.2%

CFG $70.98 Overweight $75.00

CFR $154.86 Neutral $154.00 2Q26 Week 13 (out of 13): Trends for the week ending June 24. For details

EWBC $129.30 Overweight $137.00 on this week's Fed H8 trends, as well as a historical analysis of bank balance

FBK $55.90 Overweight $65.00 sheet trends line-by-line, please see the report and attached deck. We are

FFIN $34.88 Neutral $34.00

back to the typical 13 weeks of data in the 2Q26 dataset, but note that FLG $14.59 Overweight $16.00

Week 1 ended on April 1, which means six days of banking activity from HOMB $28.68 Neutral $30.00

1Q26 will be reflected in 2Q26 trends. LOB $41.05 Neutral $41.00

MTB $238.88 Overweight $253.00

PB $70.90 Overweight $80.00 Bank B/S Deck Signposting

RF $30.28 Overweight $32.00 ●All Banks: Balance Sheet Trends (p. 17-32)

VLY $14.59 Overweight $16.00

ZION $69.35 Overweight $69.00 ●Small Banks (Ex. Top 25 Banks by Assets): B/S Trends (p. 33-43)

Prices are as of 07/03/26. ●Large Banks (Top 25 by Assets): B/S Trends (p. 44-54)

Research Analysts: ●Seasonality Analysis (p. 55-60)

Dave Rochester

212-610-2210 Dave.Rochester@cantor.com Key Takeaways (cont. on p. 2)

Eric Spector, CFA Weekly Trends (2Q26 Week 13, p. 13). Friday's Fed H8 release reflected 904-598-9302

Eric.Spector@cantor.com the last full week of bank balance sheet trend data available for 2Q26. As a