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Research briefings · October 2026

What the senior banker knows that the pitch book does not

The best AI agents score 84.8% on earnings analysis and 34.5% on building the model an analyst would build.

From Penomic ResearchWhat the senior banker knows that the pitch book does notRead the paper

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Research briefings

The institutional intelligence gap

81% of financial institutions use AI. 14% say it has transformed their business. The gap is the institution’s own judgment.

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One number, five definitions

In a 2026 enterprise benchmark, 79% of AI answers contained a hallucination. Governed definitions took it to zero.