Sees FY24: Noninterest income up ~3%-4%; noninterest expense stable to down slightly; net charge-offs ~50 bps; ACL will continue to benefit from non-core run off; CET1 ratio ~10.5%; tax rate ~21%. Broadly reaffirms FY24 outlook provided in January. Updated key rate assumptions: 25 bp Fed rate cut in July and December with YE2024 Fed Funds target of 5%. Comments taken from investor presentation slides for Q1 earnings conference call.
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