“So that's the range. But the business model lends itself to meaningful positive operating leverage for next year. Just a matter of level.”

In context

“e of our planning process, of course. But I think you can kind of see the key drivers here. You can think about net interest income having a good growth trajectory as we think about all the different items I just talked about. The fees, we continue to expect that mid-single-digit type of growth in our expenses. We've been able to manage quite prudently, so we expect to shave meaningful positive operating leverage next year. Gunjan Kedia: And John, I'll just add this is Gunjan. We are very confident in our expense management disciplines because our four signature programs have runway still to go. And the revenue outlook is positive. It does depend on the fee mix. As you know, we are very focused on improving our fee mix, and that tends to attract more expense, which we are very glad to do. So that's the range. But the business model lends itself to meaningful positive operating leverage for next year. Just a matter of level. John Pancari: Okay, got it. Got it. And then on the fee side, also some clear momentum there. Some pretty good upside this quarter. And as you mentioned in your prepared remarks, you're certainly seeing some of the momentum follow through in terms of your key drivers and then your payments space as well. I mean, I guess, the payment side, can you give us a little more color in terms of the drivers of the growth that you're seeing there and your confidence in that mid-single-digit expectation? And is there anything from the standpoint of customer acquisition or the benefits of the investments that you've made that you'd call out here as being key drivers to seems to be a more sustainable consistency around your fee performance as of late? Gunjan Kedia: Thank you. We are feeling very confid”