EPS 2.26 vs ARCe/Cons 2.21/2.23. Reported ROE 11.7% (11.0% with avg. equity)Better on NII and opex, offset by lower net financials and higher lossesCET 1 ratio 20.1% after 300bps CRR3 boost, ~150bps headwind next quarterCore earnings stronger than expected, estimates likely up low- to mid single digits
