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Average total deposits for the first quarter were $1.89 trillion, that is down 2% linked-quarter and down 7% year-over-year.
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2023 Q1
23 Apr 23
Our deposits peaked in the fourth quarter of 2021. And even as the Fed has continued to withdraw money supply, our deposits have held around $1.9 trillion
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2023 Q1
23 Apr 23
Our average deposits were up 34% compared to our pre-pandemic Q4 '19 balance and the industry's deposits were up 31% to $17.4 trillion.
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2023 Q1
23 Apr 23
consumer checking balances, which remained 53% higher than pre-pandemic
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2023 Q1
23 Apr 23
We've seen debit and credit card spending at about 6% year-over-year growth pace, a little slower but still healthy.
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2023 Q1
19 Apr 23
we've seen these balances stabilize and remain 34% above they were in prior to the pandemic
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2023 Q1
19 Apr 23
our deposits continued to perform well, ending the quarter at $1.91 trillion
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2023 Q1
19 Apr 23
Consumers' financial positions remains generally healthy. They're employed with generally higher wages, continue to have strong account balances, and have good access to credit.
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2023 Q1
19 Apr 23
Some of your peers talked about a slowdown in March, and you highlighted kind of for the full quarter, debit and credit card was up 6% year-over-year and total payments up 9%.
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2023 Q1
19 Apr 23
So far in April, it's still early. It's probably a little lower than it was for the month of March
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2023 Q1
19 Apr 23
we saw in the first part of the quarter -- first quarter, being a little bit -- a little bit softer and then we saw it kick back up in March
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2023 Q1
19 Apr 23
our checking balances were modestly growing even ahead of March 9th upheaval and continue to move higher through the quarter on the back of disruption
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2023 Q1
19 Apr 23
Overall payments from our customers' accounts across all sources were up 9% year-over-year for March as a month.
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2023 Q1
19 Apr 23
We saw a decline in quarter four deposits in consumer.
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2022 Q4
18 Jan 23
We have seen small declines in customers continued higher levels of spending, pay down debt and also move money to the brokerage accounts
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2022 Q4
18 Jan 23
In the fourth quarter of 2022, we added 195,000 net new checking accounts,
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2022 Q4
17 Jan 23
It’s just the demand side is a little soft because people are reading the same headlines we’re all reading about recessions coming and what should
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2022 Q4
17 Jan 23
how corporates manage their borrowing and cash and demand cycle seems to be flattening out a little bit. Then obviously, acquisitions and things are way slowed down, so there wasn’t much activity there.
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2022 Q4
17 Jan 23
And it’s going to be led by commercial, it will be led by card, but things like securities-based lending, that’s just quieter.
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2022 Q4
17 Jan 23
Our caveats include assumptions that interest rates in the forward curve materialize, and we anticipate card loans will decline seasonally from holiday spend paydowns, and otherwise, we expect modest loan growth.
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2022 Q4
17 Jan 23