“But I think that we see the opportunity for loan growth, in addition to the other growth metrics, as good.”

In context

“see some of the electrifying levels there. But still, even despite that, some very nice traction in the quarter on loan growth. So what's driving that? In many ways, this stands on the shoulders of a number of years of leaning hard into origination growth and having the balances build over time. Also on credit line increases, we are leaning into those as well, not like a big dramatic thing, but I think in this environment and seeing the results we're seeing, we are leaning more into the credit line opportunity as well. So loan growth is still going to be a hard one to predict and very affected by the payment rate. Parenthetically, we love high payment rates because I think it's a very healthy customer base, an indication of a healthy consumer and we love what it does for the credit side. But I think that we see the opportunity for loan growth, in addition to the other growth metrics, as good. Jeff Norris: Do you have a follow-up, Betsy? Betsy Graseck: Can you hear me? Jeff Norris: Yes. Richard Fairbank: Yes, we can. Betsy Graseck: Okay. Sorry about that, just pivoting to Capital. I saw the Board authorization for $5 billion. Can you give us a sense as to the time frame that that's over and if there was a view on what drove that decision to do $5 billion as opposed to any other number? Andrew Young: Betty, it's Andrew. I'll take that. So we take into account a number of factors to drive these programs. So as always is the case, our pace for this repurchase authorization as well as the pace and amount of future authorizations are driven by a number of factors, including our actual and forecasted levels of capital and earnings and growth as well as market capacity to repurchase s”