MAAT INDEX

CLAIM #10200 · BK (BK) · 2022Q4 earnings call · Jan 13, 2023 · due Dec 31, 2023

we expect those to be above the average growth of the company.

Robin Vince · CEO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

outlook for those two areas is as well. Thank you. Robin Vince: Sure. So, from an overall fees point of view, we are focused on this internal growth. Forgetting about M&A or any of those other ways to grow, just the blocking and tackling and execution of what we think we can do in the company over the course of the year. We haven't given fee guidance because of the reasons that Emily alluded to, which is there are just so many things going on in the market. There are just too many puts and takes for that to be credible for us so that we are -- but we, of course, have our internal budget, and that's what we've been working through over the course of time. Look, you called out two businesses and those are businesses where we both -- where we think those are bright spots for growth. And so, we expect those to be above the average growth of the company. They're not the only ones that would be above the average, but they are two that would be, and we feel quite good about the prospects for a variety of the different underlying reasons that we've talked about already. Ken Usdin: Okay. Very good. And then, just one quick one in terms of that follow-up on the balance sheet mix. Emily, is there anything changing with regards to how you think about the mix of securities that you add from here in terms of as we get towards the peak of the rate cycle, whether you start thinking about putting on more fixed rate versus the floating type, and what that means for the types of yields that you're able to get on your kind of front book investments? Emily Portney: Sure. So, there's a lot in there. So, look, we've been very nimble and continue to be very

Verify independently

SEC filings for BK · Claim quote is verbatim from the 2022Q4 earnings call.