“And we expect to continue opportunistic excess capital return as we move forward.”

In context

“hed $7.6 million for the second quarter and margin balances were $83.4 billion, following record trading days in early April. Our focus on serving client needs, combined with our diversified model resulted in robust year-over-year revenue growth and record earnings per share, and we continued to return capital in multiple forms. From a position of strength, we are continuing to play offense. We're investing in initiatives that will help fuel client growth and evolve the way we meet clients' needs. We continue to anticipate strong revenue and earnings growth in 2025, which Mike will elaborate on in just a few minutes. This is supported by our client growth and growing utilization of our wealth and lending capabilities alongside expense discipline and the pay down of supplemental borrowing. And we expect to continue opportunistic excess capital return as we move forward. In summary, we are moving full steam ahead to deliver long-term profitable growth. After a period of volatility at the start of April, both markets and investor sentiment rebounded throughout the second quarter. Periods like this are a great reminder of why we are different. Through a volatile market we were there when and where our clients needed us. Year-to-date, we answered more than 14 million calls across all client-facing businesses and did so quickly in an average of under 30 seconds. With 1,000 trading experts answering the phone in 15 seconds on average, ready to support our trader clients every day. We help nearly 16,000 advisers, support their clients. We welcome thousands of clients into our retail branches on a daily basis, and we produced hours of training, market insights a”