Judging by Thursday's share price performance, Royal Bank of Scotland has delivered all that has been asked of it. The bank's loss wasn't anything like as bad as analysts had expected, non-performing loans have peaked and the core operations (the bits it's going to hang on to) were profitable.
Its chief executive, Stephen Hester, has good reason to be happy and, to be honest, he looked it this morning during our interview. He did, however, make it very clear to me that the bank is not out of the woods yet and that this is a long-distance race to recovery, not a sprint.
There is though one area in which Hester and his team are failing to deliver: business lending. While the gross business number may have been strongly positive in 2009, the real story comes with the net number and this one figure that RBS does not seem to want to highlight.
Indeed, this lending number is so well buried in today's release that the even the RBS PR team didn't have it at its finger tips when I asked them about it earlier and had to ring downstairs to check what it was.
It's pretty clear why the bank doesn't want to highlight this number. That's because it is negative, very negative; 12 billion pounds ($18.24 billion) negative, to be precise, and that's a big problem.