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First Niagara Financial Group's CEO Discusses Q2 2012 Results - Earnings Call Transcript

First Niagara Financial Group Inc. (FNFG)

Q2 2012 Earnings Call

July 27, 2012 08:30 am ET


John Koelmel - CEO

Greg Norwood - CFO


Bob Ramsey - FBR

Erika Penala - Bank of America Merrill Lynch

Josh Levin - Citi

John Pancari - Evercore Partners

Casey Haire - Jefferies

Dave Rochester - Deutsche Bank

Damon DelMonte - KBW

Collyn Gilbert - Stifel Nicolaus

Matthew Kelley - Sterne Agee

Tom Alonso - Macquarie



Welcome. This presentation contains forward-looking information for First Niagara Financial Group. Such information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 which involves significant risks and uncertainties. Actual results may differ materially from the results discussed on the forward-looking statements.

Welcome and thank you for standing by. All lines have been placed in a listen-only mode until the question-and-answer session. This call is being recorded. If anyone has any objections, you may disconnect at this time.

I would now like to turn the call over to Mr. John Koelmel, President and Chief Executive Officer. Sir, you may begin.

John Koelmel

Thank you very much, Teresa, and good morning everyone. It’s been a busy couple of weeks for many of you and that our being a week later than usual. Those put us on the back side of the earnings cycle, but all are moving parts and pieces around the HSBC Branch acquisition; want to make sure we got it right and we are able to give you the best possible clarity and transparency around the transaction and its early outcomes.

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