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Hudson City Bancorp, Inc. To Merge With M&T Bank Corporation - Conference Call - (Transcript)

BY Seeking Alpha | 08/29/12 - 06:48 AM EDT

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Hudson City Bancorp, Inc. (HCBK)

Hudson City Bancorp, Inc. to Merge with M&T Bank Corporation

August 27, 2012 10:00 am ET

Executives

Donald MacLeod - IR, M&T

Robert Wilmers - Chairman and CEO, M&T

Ron Hermance - Chairman and CEO

Rene Jones - Executive Vice President and Chief Financial Officer

Analysts

Ken Zerbe - Morgan Stanley

Erika Penala - Bank of America

Todd Hagerman - Sterne Agee

Craig Siegenthaler - Credit Suisse

Bob Ramsey - FBR

Matt O'Connor - Deutsche Bank

Matt Burnell - Wells Fargo Securities

Brian Clock - Keefe, Bruyette & Woods

Marty Mosby - Guggenheim Partners

Rick Weiss - Janney

Mike Turner - CompassPoint

Presentation

Operator

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Welcome to the M&T Bank and Hudson City Bancorp Merger Conference Call and Webcast. Hosting the call today are, Mr. Robert Wilmers, Chairman and Chief Executive Officer of M&T Bank Corporation and Mr. Ronald Hermance, Jr. Chairman and CEO of Hudson City Bancorp. They are joined by Rene Jones, Chief Financial Officer of M&T Bank Corporation. Today's presentation is being recorded and will be available for replay following the call.

At this time, all participants have been placed in a listen-only mode and the floor will be opened for your questions following the presentation (Operator Instructions).

I will now turn the call over to Mr. Donald MacLeod and Director of Investor Relations for M&T Bank Corporation. Please go ahead.

Donald MacLeod

Thank you, Beverly. Good morning and welcome to our investor conference call to discuss the merger of M&T and Hudson City. Following our prepared remarks, we will have a question-and-answer session.

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