Ebrahim Poonawala

On fees, the guidance implies like 2% to 3% growth for the rest of the year. Is that right

just annualizing our fourth quarter NII gets you to about 9% growth on the NII side. So if you don't mind unpacking that a little bit

how would you want the seat to think about -- I guess, the medium-term earnings growth potential for BNY

if the move towards on-chain tokenization picks up is it disruptive from revenue margins for The Bank of New York Mellon Corporation

how you're thinking about share buybacks

is it safe for investors, shareholders, the street to assume that this is becoming a high twenties

how you're thinking about capital deployment relative to where the stock's trading at today

There's obviously concerns around the treasury market, what's happening, whether the Fed needs to intervene

What all of that means in terms of your ability to play in digital assets

I'm trying to get a sense of the resiliency of these numbers as we think about

does that result in a lot more resilience to your fee revenue growth relative to whatever may happen to markets

do you think we stay in a holding pattern in terms of the CET1 ratio where it ended this quarter?

how we should think about fee revenue growth embedded in your expectations around that 60% efficiency ratio

when we think about the consumer cards book, expectations, any kind of red or yellow flag that you're seeing there

we could get a mark to market on the wealth business, Jane

when we think about the binding constraint from standardized to advanced, how we should think about it

how you're already using these internally. And do you view disruption risk to services revenues

the RWA sort of dragged the thirty-two basis points. Is that normal as we think about what the RWA consumption should look like

how what's baking in around the unemployment rate? What would cause you to ratchet up provisioning in the near term

talk to us a little bit about the franchise positioning competitively both in the U.S. and abroad

could we see a similar trajectory in that business over the next 12 months and where the opportunities are

You talked about looking at New York brand strategy, I guess you plan to open more branches in New York. Just talk to us, is that more private bank related? Or do you see an opportunity to just ope...

As we think about the 16% to 18% return, raw C exiting twenty-seven, it implies the margin probably being somewhere between around that three forty to three fifty. Am I thinking about that correctly?

Is there a level that you're watching on the ten year where it really begins to sort of hurt that three twenty-five medium term sort of margin outlook?

In terms of outlook for deposit costs, it feels like CDs still have some room to go. But then we saw the checking account rates move up quarter-over-quarter. So just wondering if we don't get any r...

When we look at your fee income guidance, you talked about the capital markets pipeline. What are we assuming for capital markets just from a fee revenue standpoint for second quarter and for the f...

How we -- how are you converting clients acquired through promotions into core checking accounts. Is that happening?

why is it attractive for so many of your peers and not so much when you assess that for Fifth Third

when we stack rank, being able to do more with Comerica clients, the Texas expansion, and then leaning into their tech and life science practice. Just give us a sense of where the biggest opportuni...

Just the optionality that Comerica provides. So you've talked about opening the branches in Texas. But Comerica also had a big technology life science practice

are your customers feeling the pain on the commercial side from tariffs and slowing activity? Or are we on the other side actually where things are picking up

how you are handicapping any potential risk tied to your exposure and the business strategy from here going forward at Dividend?

how you're thinking about deployment of capital. Clearly, we saw one of your competitors announced a bank deal earlier this week

just also address the solar panel lending business, where things stand there, any policy that's that you see

if you can provide some more details on those ABL loans that drove NPLs higher and even if we remain in a slower growth environment

how dependent is that revenue growth on actually balance sheeting loan growth or loans?

remind us around the pay-off that you had from branches opened two, three, four years ago

give us a sense of how you see this potentially impacting sponsor activity when it comes to M&A IPO

is this something extremely different than what banks have had to deal with over the last decade

do you see this as the right time or if the right opportunity presents itself to do something that would shift the mix

is it fair for a shareholder to assume that absent, like, big peaks in falls, that the business is rebasing to maybe something better than mid-teens

is the competitive positioning of Goldman Sachs getting better where you're not being buried with incrementally new regulations?

where does, if at all, inorganic acquisitions rank when you think about use of capital?

is there a CET1 ratio you're targeting against as we think about go forward basis

what we are doing on the expense side as we think about the 60% efficiency target

how quickly could we see a more significant ramp up around deals, IPOs? Is it a second half event?

how do you think that plays out? And in particular, in terms of the operating backdrop for your capital markets business

has the tax bill related sort of stimulus flowing through where clients are now beginning to make those investments and is that driving increased lending demand

as we think about the balance sheet growth outlook from here, incrementally, that accretive to where the net interest margin is today or dilutive

from an inorganic standpoint, would it make more sense to do additional deals in Texas versus Carolinas

could spend some time on just give us a mark-to-market on Carolinas in terms of the build-out

did things start off extremely strong and then March and maybe even the last couple of weeks Have you seen that weakness

is there an amount of growth that's coming from the bankers that you've hired bringing on their books of business, which should happen no matter what?

just talk about your expectations around the incremental margin and what's the incremental cost of deposits

How much of the fee growth is tied to lending or I'm just trying to think through if lending or loan growth are slower

does it create new business opportunities where maybe it's extending the perimeter of JPMorgan's business into new things

is this a different level of risk? And how would you characterize the preparedness of the banking system to handle this

do you think two, 300 basis points of excess capital wherever the regulatory minimum shakes out is the right place to be

How should bank shareholders think about AI-led productivity gains in terms of making a dent on the expense growth either next year or for the next few years

are things getting better as we look into 2026? Does it feel like we are at a tipping point where we could see a slump in unemployment

any areas of stress from a credit quality perspective that you're beginning to get more concerned today versus 3 or 6 months ago

what's the state of play there? When we think about interest rates, tariffs, consumer spending slowing, should we be concerned in terms of credit quality outlook looking out 6, 9, 12 months

what is it you think we need to see before this uncertainty abates

your comfort level in terms of the functioning of the treasury market? Do you see the Fed stepping in, pausing QT, maybe even initiating some treasury purchases

as far as QT is concerned, when you talk to experts, like no one knows where the right level for the Fed to end is

In terms of areas of vulnerability, so I heard you, Jeremy, on the lending side, but lots of cross currents

is there risk tied to this data center spending that is being put on bank balance sheets

are you actually seeing some element of manufacturing reshoring showing up in your footprint

what are the strategic priorities as we think about where you are spending your time

I would love for you to frame for us how you're thinking about bank M&A from a financial metrics perspective

talk to us in terms of how you view the risk on your balance sheet

Just remind us the -- I'm not sure if you spelled out the number of bankers you plan to hire and are these within your existing verticals

do you think we can get to 3% by next year? And in that world, I know you talked about the loan-to-deposit ratio, like is the balance sheet larger or smaller before you get to the 3% NIM?

Do you think when you talk to these customers who want to make CapEx decisions, like what's your sense of the amount of clarity they need

Remind us what you're targeting on the CET1. How much of a ramp-up should we expect

Give us a sense of what you're doing on the funding side on deposits?

can M&A pick up without a pickup in lending demand, customers taking on more leverage

help us understand the reorg that was approved by the Fed for the German bank into the U.S. entity, like what does that mean in terms of adding liquidity

your perspective on what is going on with the private credit market, how does that change or inform your view on how you deal with the business

Do you think this is different than what we saw in March and April where there's a huge hit to corporate sentiment around deal activity

how should we think about the incremental return on the capital? Could this be an even more profitable bank than what we have seen so far?

you sound fairly constructive given what we've come through over the last month, your comments on both on the trading side

Just remind us how impactful could that be for how you manage the balance sheet and just how you manage the business

as we think about just investments in systems as it pertains to AML, BSA on the wealth management side

where we stand in terms of the integration of the bank. And as we think about -- with some of your peers where the bank

how do you think about deploying that if your CET1 target remains the same?

Give us a sense of tech spend and what projects are upcoming over the next year or two

would you say that's dilutive to the net interest margin where it is today around 3.70? And what is there a ton of upside? Like, is there an upside scenario where this margin could be closer to 3.80?

What brings it? What could take it above three seventy versus below three sixty, I guess? X rate changes.

remind us when we think about the opportunity within sort of the people's market in Long Island, etcetera, just how big is that pipeline?

talk to us about any anecdotal sort of feedback from your customers over the last week or two around tariffs? Are you seeing CapEx decisions being pulled back?

how price sensitive you are? I mean I think the stock's come down a fair bit relative to where you repurchased during the first quarter

if we don't see any move from the Fed and if we remove loan growth, like how do you think the trajectory of the NIM plays itself out from here?

Maybe talk to us around the win rate and the competitive landscape there and just the evolution of that client once they are on board, how do you think about just the growth runway and the opportun...

As we think about the sustainability of the ROE or the pretax margin, just maybe frame for us where you think there might be a little bit of cyclical tailwinds that's leading to over-earning on the...

are there opportunities in asset management to bolster that business inorganically? Via tuck-in deals or something larger?

what does that imply for fee growth this year? And then you and just talk to us in terms of, like, one or two areas you think drives trends

you talked about some of the challenges at the investment product level. I was wondering if you could just kind of elaborate on what the issues were

on the deposit trends, it felt like this the runoff was more than we expected. Are you seeing in terms of growth outlook and the mix shift in deposits going forward?

remind us how you think about pace of buybacks relative to just given means the stocks obviously done well year-to-date

is there any scenario in which you think M&A would make sense from a shareholder return perspective?

How should we think about the gearing of the balance sheet? One, do you think that we are at a point where if the Fed were not to do anything

talk to us, it was a priority in 2024, I'm assuming remains a big area of focus. When we think about the revenue growth

Did we see some decline in sentiment over the course of the last month

Just give us a sense of the algorithm to grow core deposits in this environment

should BNC be adding a lot more in terms of capital markets capabilities? And on the wealth management front

whether or not you think there is a risk to industry deposits

between loan demand picking up or credit worsening, like what do you see as the more likely outcome?

do you think is 9.5% to 10 is the right place? Is it 9%?

is there upside to growth outlook for the back half into 2026?

as we think about the right target CET1 capital for PNC, a world with banks triple your size are seeing requirements coming lower

how are you thinking about, like, from a cash or the bond book Are are things that you're doing as you think about just the forward outlook beyond twenty five?

talk to us around the fragility across the customer base, be it consumer or commercial

How does that inform your view in terms of the window of opportunity from a regulatory political backdrop to do a transformational M&A?

if we don't get any Fed rate cuts, employment holds up okay, is it your sense that credit quality is generally okay?

does that create a risk of payoffs? And I'm just wondering if some of the macro subsides markets are less volatile, do you see customers paying off

how sensitive are you to managing to a certain level of tangible common equity ratio

do you think that may materially change sort of sentiment among your customers when they think about borrowing

I'm not sure if you've mentioned when this will all be completed. And in the meantime, does it restrict your ability to do something

to what level do you think you could see, like, investment spend pick up be it branches

anything in particular that would help you in terms of how you are running the business or the balance sheet

how should we think about the inorganic growth how you would think about and assess bank deals

what implication does that have? And maybe tie in like the customer sentiment

is there more juice to go there in terms of restructuring more bonds and, like, how are you thinking about that today versus buybacks

is it realistic that 30, 60, 90 days from now growth could be much better than expected? Or is this going to take a lot longer

Should we think about all of this as mostly retaining the customer activity that you already have, just moving from analog to digital

does that allow for something more larger as opposed to bolt-on acquisitions that could strategically put the firm on a much better growth trajectory

from a capital standpoint, are there opportunities to do things differently when we think about just the balance sheet management

what gets them growing again? Is there a trough that we should look at from a cycle standpoint

what does that mean for deposits? And deposit growth as we look forward, both in terms of the mix

remind us where you think the sweet spot for Truist is on the wholesale slash capital market side

We'd love to get sort of your views on, from a credit quality perspective, where things stand

about the positive operating leverage kicking in, is it back half loaded

is there a case to be made where you could see a much increased wallet share on the commercial clients

how much more aggressive can you be on the pace of buybacks? And is there a CET1 target that we should keep in mind

Just talk to us in terms of the growth opportunity set you see there. Should we expect new branch openings, hiring of teams

Just give us your sense of confidence level around that these two franchises have been meshed, you feel good about defending market share

If Category II moves to, I don't know, $900 billion, $1 trillion in assets, what does that mean for you strategically capital allocation-wise?

I'm just trying to right-size the idiosyncratic growth opportunity for USB.

I think last quarter you all established a digital assets organization. Just talk to us.

just spend some time talking about drivers of deposit growth. You're having the mix towards consumer deposits. What's driving that net net?

it's just very hard to figure out whether these are sticky deposits, lower-cost deposits

is there a point where there's a pretty material inflection outside of like the back book repricing

adjusted CET1 hitting 8.9%, I'm assuming crosses 9% next quarter. Does that mean anything in terms of should we see

talk to us your degree of confidence that as we -- kind of what you've laid out in terms of NII should grow from here

Is it fair to assume that we could see multiple quarters of flat to lower expenses

did you bless that you believe that absent any macro shocks, the margin should be three percent average for 2027?

talk about, I think you addressed a little bit around the payments business. As we think about the fee revenue sort of categories across payments

what's underpinning that from a loan growth perspective, like, one, so yeah, what's the assumption of loan and deposit growth?

Give us a mark-to-market on how you are thinking about deals.

just remind us when you think about M&A, either Wealth Management or bank M&A

double-clicking on some of the expense and the efficiency initiatives you laid out on Slide 18

just remind us where the opportunities are either on headcount rightsizing of technology, automation of processes

could Wells do an M&A on wealth or global investment banking

how should we think about what three or four rate cuts would do to the balance sheet

how much of that improvement in the consumer business on ROE is removal of the asset cap

is there an internal philosophy around where you think the right CET1 is for Wells Fargo

are we getting to a point where some of the low-hanging fruit is done and expenses generally move higher

give some tangible examples of things that you've been able to do post the lifting of the consent order