Guides Medium-term pretax $44-47B, ROTCE ~17% - ahead of analyst day
- Guides FY18 NII $54-55B +7% y/y and 3% CAGR going forward, market dependent, Adj Expense <$62B
- Guides FY18 Net consumer card charge-offs 3.25-3.50%, core loan growth 6-7% y/y
- Longer-term NII growth will be driven mostly by balance sheet growth and mix
- Up to 300bps potential benefit toFirmwide ROTCE from tax reform over medium term