This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

First Republic Bank's CEO Discusses Q2 2012 Results - Earnings Call Transcripts

First Republic Bank (FRC)

Q2 2012 Earnings Call

July 18, 2012 02:00 pm ET


James H. Herbert, II – Chairman, Chief Executive Officer

Katherine August-deWilde – President and Chief Operating Officer

Willis H. Newton, Jr. – Executive Vice President and Chief Financial Officer

Michael D. Selfridge – Senior Executive Vice President

Dianne Snedaker – Executive Vice President and Chief Marketing Officer


Dave Rochester – Deutsche Bank

Ken Zerbe – Morgan Stanley

Erika Penala – Bank of America Merrill Lynch

Joe Morford – RBC Capital Markets

Aaron Deer – Sandler O'Neill & Partners

Casey Haire – Jefferies & Company

Brian Zabora – Stifel Nicolaus

Tim Coffey – FIG Partners

Steven Alexopoulos – JPMorgan

Herman Chan – Wells Fargo Securities

Julianna Balicka - KBW



Ladies and gentlemen, thank you for standing by. Welcome to the First Republic Bank’s Second Quarter 2012 Earnings Conference Call. Following the presentation the conference will be open for questions. (Operator instructions) I would now like to turn the call over to Dianne Snedaker, Executive Vice President and Chief Marketing Officer. Please go ahead.

Dianne Snedaker

Thank you, and welcome to First Republic Bank's Second Quarter 2012 Conference Call. Speaking today will be the Bank's Chairman and Chief Executive Officer, Jim Herbert; President and Chief Operating Officer, Katherine August-deWilde; Senior Executive Vice President Mike Selfridge; and Chief Financial Officer, Willis Newton.

Before I hand the call over to Jim, please note that any forward-looking statements made during this call are made as of today, are based on management's current expectations, and are subject to risks, uncertainties, and assumptions. Potential risks and uncertainties that can cause the bank's business and financial results to differ materially from these forward-looking statements are described in the bank's periodic reports filed with the FDIC including the bank's current report on Form 8-K filed today.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs