John Woods

“As Bruce mentioned, we delivered strong second quarter results with really good revenue performance and disciplined expense management, resulting in positive sequential operating leverage of about 5%.”

“As Bruce indicated, we delivered first quarter results, which were broadly in line with our expectations and reflected typical seasonal impacts. Referencing Slides 5 and 6, we delivered EPS of $0.77 for the first quarter with ROTCE of 9.6%.”

“As Bruce indicated, we delivered results in 2024 that aligned closely with our expectations at the start of the year. The third quarter marked our lowest point, while the fourth quarter showed a significant recovery, positioning us well for growth in 2025.”

“As Bruce mentioned, the third quarter saw continued strong execution of our initiatives. Importantly, we believe the third quarter represents a trough in earnings as NIM tailwinds, strengthening fees, and continued expense discipline will result in positive operating leverage prospectively.”

“As Bruce mentioned, the year is off to a good start. First quarter results were solid against the backdrop of a more constructive macro environment, which supported an improvement in capital markets, stability in our margin, and credit performance that continues to play out largely as expected.”