One of the world's major financial institutions is showing meaningful momentum in its turnaround efforts. The 2026 earnings per share is projected to hit $10, representing a 25% year-over-year climb driven by efficiency improvements and ongoing restructuring initiatives. Q4 results delivered modest revenue expansion at 2.1%, while beating on earnings—a solid sign the operational fixes are taking hold. Management has set an ambitious but achievable target: return on tangible common equity exceeding 10% by 2026. The balance sheet remains robust, underscored by $17.5 billion in capital returns distributed throughout 2025 and a common equity tier 1 ratio sitting at 13.2%. These metrics reflect disciplined capital management and suggest the institution's ability to reward shareholders while maintaining fortress-level financial strength. For market watchers, this progression signals institutional capital is being deployed with renewed confidence.