Major U.S. Bank Earnings-Capacity Resilience

Assume that through November 28, new public updates from major U.S. banks show net-interest-income or net-interest-margin expectations holding broadly steady or improving after Q3 earnings, while consumer-credit loss expectations do not materially worsen. Treat the already reported Q3 results as the baseline, not a new event. Explore whether credible continued earnings capacity offsets market concern about higher funding costs and securities marks, and how that conditional path could reach bank equity, bank debt, credit supply, and rate-sensitive businesses without assuming a guaranteed rebound.