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City National's CEO Discusses Q1 2012 Results - Earnings Call Transcript

City National Corporation (CYN)

Q1 2012 Earnings Call

April 19, 2012 5:00 pm ET

Executives

Cary Walker – Senior Vice President and Manager of Corporate Communications

Russell Goldsmith – Chairman and Chief Executive Officer

Christopher J. Carey – Executive Vice President and Chief Financial Officer

Analysts

Steven Alexopoulos – J.P. Morgan Securities LLC

Aaron James Deer – Sandler O'Neill & Partners L.P.

Joseph Morford – RBC Capital Markets

Brian Paul Klock – Keefe, Bruyette & Woods, Inc.

Stephen E Scinicariello – UBS Securities LLC

L. Erika Penala – Bank of America Merrill Lynch

Jennifer Haskew Demba – SunTrust Robinson Humphrey, Inc.

Ken A. Zerbe – Morgan Stanley

Jeff King Davis – Guggenheim Securities, LLC

Casey Haire – Jefferies & Co.

John G. Pancari – Evercore Partners Inc.

Presentation

Operator

Good afternoon. I would like to welcome everyone to this discussion of City National Corporation’s first quarter 2012 financial results. My name is Christie and I will be your coordinator for today. At this time, all participants are in listen-only mode. After the speakers’ remarks, there will be a question-and-answer period for analysts and investors (Operator Instructions).

This call is being recorded and will be available shortly after it is completed on City National’s website at cnb.com. Now I will turn this call over to Cary Walker, Senior Vice President and Manager of Corporate Communications for City National, please proceed.

Cary Walker

Thank you and good afternoon. Here to discuss City National’s first quarter 2012 highlights are Russell Goldsmith, our President and Chief Executive Officer and Chris Carey, our Chief Financial Officer.

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