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City National's CEO Discusses F2Q12 Results - Earnings Call Transcript

City National (CYN)

F2Q12 Earnings Call

July 19, 2012 5:00 p.m. 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

Aaron Deer – Sandler O'Neill

Steven Alexopoulos – J.P. Morgan

Paul Miller - FBR

L. Erika Penala – Bank of America Merrill Lynch

Joe Morford – RBC Capital

Brian Klock – Keefe, Bruyette & Woods

John G. Pancari – Evercore Partners

Jennifer Demba – SunTrust

Jonathan Katz - Morgan Stanley

Presentation

Operator

Good afternoon. I would like to welcome everyone to this discussion of City National Corporation’s second quarter 2012 financial results. [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. Good afternoon. Here to discuss City National’s second quarter 2012 results are Russell Goldsmith, our president and chief executive officer and Chris Carey, our chief financial officer.

This call will include comments and forward-looking statements based on current plans, expectations, events, and financial industry trends that may affect the company’s future operating results and financial position. Such statements involve risks and uncertainties, and future activities and results may differ materially from these expectations.

The speakers on this call claim the protection of the Safe Harbor provisions in the Securities Litigation Reform Act of 1995. For a complete discussion of the risks and uncertainties that may cause actual results to differ materially from expected results, see the company’s annual report on form 10-K for the year ended December 31, 2011.

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