“So we've got a little bit more of that to do. It won't be the major part of our any net interest yield accretion. But I think you can almost think about it being kind of like, you know, 1% slower, maybe over the course of the next year or so.”

In context

“lance sheet relatively flat, which? Seems more creative than NII accretive. So the question, I guess, is how many quarters of that do you expect? And and what sort of earning asset growth should we expect over the next? Year or so. Alastair Borthwick: Yeah. So we've talked about that. That would be a focus for us over time when people ask us about net interest yield, we tried to explain it's going to improve over time based on two things. First is net interest income is going to continue to increase. And the second is the balance sheet. We don't think will grow quite as fast as the loans and deposits grow. And that's because there's still some more wholesale funding that we can pay down. As you point out, it doesn't cost us anything in terms of NII, but it is net interest yield accretive. So we've got a little bit more of that to do. It won't be the major part of our any net interest yield accretion. But I think you can almost think about it being kind of like, you know, 1% slower, maybe over the course of the next year or so. Jim Mitchell: Okay. No, that's helpful. And then just maybe pivoting to capital, you guys, as you noted, you're well above your 10% minimum. Seems like we have GSIB surcharges likely coming down and other reforms. Why not? You know, how do you think about the buffer where it is today and what prevents you from taking that down a little bit? And if you have a longer term target, be great. Brian Moynihan: Our target will be, as we said before, Jim, sort of 50 basis points over the regulatory minimums. And so you should expect us to keep working that down. Interestingly enough, the ratios are flat this quarter because the extra earnings and stuff. So we took $7.3 billion of capital and put it back in there. You'd expect us to continue to at a good rate. And then through the good organic grow”