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CDON AB (CDOAF) Q3 2026 Earnings Call Transcript
Loans and deposits each grew 9% annualized as the bank expanded in high-growth markets and lifted its net interest margin outlook to 3.75% to 3.85%.
On Thursday, October 22, 2026, Packaging Corporation of America Chairman and CEO Mark W. Kowlzan reported Q3 net income of $262 million, or $2.93 per share, with net sales reaching $2.6 billion, a 12.5% increase year-over-year.
Packaging segment EBITDA reached $578 million with a 23.9% margin, while the acquired Greif business contributed $0.13 per share in earnings, reversing a prior-year loss of $0.11 per share.
Reflecting financial discipline, the company repurchased 363,700 shares during the quarter and increased its share repurchase authorization to $750 million from $381 million as of September 30.
Planned maintenance outages at three containerboard mills in the fourth quarter will incur $0.72 per share in expenses, incorporated into management's Q4 earnings guidance of $2.81 per share.
Management reaffirmed full-year sales guidance of $3.8 billion to $3.85 billion, citing strong bookings, while advancing capital projects including the Jackson mill upgrade to expand system capacity.