Mixed Q3 Results: Union Pacific, Western Union Lead

Quarterly results across the cohort diverged: Union Pacific and Western Union broadly met or beat expectations, while Euronet and Eastern Bank missed and Amalgamated Financial delivered solid organic growth. Union Pacific reported $6.24 billion in revenue and $3.21 billion of adjusted EBITDA, and said pricing, productivity and operational reliability offset slightly lower volumes as management aims to file the Norfolk Southern merger application by early December. Western Union posted $1.03 billion in revenue with stronger margins, citing digital channel strength and Consumer Services growth that helped offset U.S. corridor weakness and supported full‑year guidance near $1.70 in adjusted EPS. Euronet recorded modest revenue growth but missed Street expectations as management flagged macro pressures and immigration‑policy volatility in Money Transfer trends. Eastern Bank fell short on revenue and adjusted EPS as heightened deposit competition, higher deposit costs and lower discount accretion pressured net interest income and margins, prompting a cautious near‑term outlook. Amalgamated Financial reported continued deposit and loan expansion, resolved a stressed loan that improved credit metrics, and emphasized sustainable earnings and prudent reserve management.