US Research Published: Week ending on July 17, 2026

Research evidence excerpt

US Research Published: Week ending on July 17, 2026

Accessible version

US Research Published

Week ending on July 17, 2026

20 July 2026

Exhibit 1: US Research Published US

Investor Support

Aerospace BofAS

Valuation Trends: Val. Trends #938: A Royal Succession Epstein, Ronald J.

Airlines

Airlines: 4Q26 domestic capacity growth: how much will schedules come down? Didora, Andrew

Airlines: BofA Seat Tracker: ULCC files full schedule Didora, Andrew

Delta Air Lines: Post call thoughts as DAL reaffirms EPS outlook from earlier in year Didora, Andrew

United Airlines Holdings: 2Q26 first take: fuel is a headwind but steady earnings power regardless Didora, Andrew

of macro

Asset Management

BlackRock, Inc.: 2Q26E: Aperio momentum accelerating; Tokenization creating new distribution Siegenthaler, Craig

Interactive Brokers: Forecast strong 2Q26 driven by robust trading & account growth; Raising PO Siegenthaler, Craig

Autos/Car Manufacturers

Automotive Industry: OEM/Supplier Preview: Checks stronger than estimates, F & GM well Perry, Alexander

positioned

Automotive Industry: Weekly Automotive Pit Stop: Production revised higher as demand remains Perry, Alexander

resilient

Tesla Motors: Tesla adds another robotaxi market and scales Texas fleet ahead of 2Q earnings Perry, Alexander

Banks

US Banks: Reading the Tea Leaves: Four Days That May Define the 2H26 Bank Stock Playbook Poonawala, Ebrahim

Banks-Multinational/Universal

Non-bank financials - Brazil: Repositioning for a higher-for-longer rate environment Pierry, Mario

Citigroup Inc.: Lost in translation Poonawala, Ebrahim

JPMorgan Chase & Co.: Asymmetric risk/reward, Reiterate Buy Poonawala, Ebrahim

Banks-US Regionals

Columbia Banking System Inc: Panning for Returns Out West; Initiate at Buy Berman, Brandon