“In terms of the overall trajectory for the segment, I think we have to step back. Our number one focus is driving towards profitability. We also mentioned that we look to continue to improve the efficiency ratio.”

In context

“and remain committed to return of capital to shareholders. Operator: We'll take our next question from Steven Chubak with Wolfe Research. Steven Chubak: Hi, good morning. David Solomon: Good morning. Steven Chubak: So I wanted to start off with a question on Platform Solutions. The business saw a step up in expense. I just wanted to understand how we should be thinking about the trajectory for expenses in the segment. And similarly, for provision going forward, just following this quarter's significant reserve release, we know you had accrued reserves pretty conservatively for that segment, but the top line momentum's good. It would just be helpful to get some perspective on how we should think about both the expense as well as the credit trajectory from here. Denis Coleman: Sure. Thanks. In terms of the overall trajectory for the segment, I think we have to step back. Our number one focus is driving towards profitability. We also mentioned that we look to continue to improve the efficiency ratio. That's certainly over the course of a period of time. Maybe not every given quarter, but we remain committed to what we outlined. As you say, we've seen good top line performance of the business. And on the reserve release, it was a function of owning our point-of-sale business for some period of time, been able to observe it, take in more data. And GreenSky is actually performing better than we had modeled. And so that was a contributor to the reserve release in the segment. As we think about it on a go-forward basis, it's obviously going to be a function of origination activities across the platform. We now have a reserve level of roughly 13% in the consumer space. So that can give you a sense of how to model provisions based on forward origination activity. Steven Chubak: That's great,”