“So I would expect the deposit cost to move just move up a little bit as you go in the second half of the year, but ultimately, I think that is actually a good thing from a profitability point of view and supports the broader set of business that we do, you know, with those customers.”

In context

“is that we are seeing the pace of interest bearing deposits grow. At a really good clip, and you can see that in the results quarter after, quarter after quarter. And I think if even if you just look at the CIB and the Corporate and Investment Bank and the commercial bank deposits where you have seen you know, really good deposit growth year on year and sequentially. And the majority of those deposits are gonna be interest bearing deposits. And so since they are growing faster and you are seeing slower growth in the consumer side and pretty stable noninterest bearing deposits, you are gonna see, you know, the deposit cost inch up a little bit. And that is actually fine and expected and frankly, not a bad thing because we are growing these profitable balances, you know, across the business So I would expect the deposit cost to move just move up a little bit as you go in the second half of the year, but ultimately, I think that is actually a good thing from a profitability point of view and supports the broader set of business that we do, you know, with those customers. And then as I sort of mentioned in the commentary, you know, we expect a little bit more, you know, NIM compression in the third quarter, and then things start to stabilize, and you get the benefit of all of the other impacts of, you know, you know, that we have talked about in terms of the earning asset growth, the repricing that is happening across a large portion of the book, of the securities book. And so and all and all of that, I think, contributes quite well. And I think just keep in mind as we sort of look at NII, you know, what we are we are most focused on here is really growing NII over a long period of time that will generate really profitable business and relationship that I think would, you know, we will see, you know, benefit us for you know, for many years to come. And you”