City National Corporation CEO Discusses F4Q11 Results - Earnings Call Transcript

City National Corporation ( CYN)

F4Q11 Earnings Call

January 19, 2011 05:00 PM ET


Cary Walker - SVP and Manager of Corporate Communications

Russell Goldsmith - President and CEO

Chris Carey - CFO


Steven Alexopoulos - JPMorgan

Joe Morford - RBC Capital Markets

Brian Klock - Keefe, Bruyette & Woods

John Pancari - Evercore Partners

Jennifer Demba - SunTrust Robinson Humphrey

Aaron Deer - Sandler O’Neill & Partners

Brett Rabatin - Sterne Agee

Steve Scinicariello - UBS Securities

Connor Fitzgerald - Bank of America-Merrill Lynch

Gary Tenner - D.A. Davidson

Brian Klock - Keefe, Bruyette & Woods


Good afternoon. My name is Stephanie and I will be your conference operator today. I would like to welcome everyone to this discussion of City National Corporation’s Fourth Quarter and year end 2011 Financial Results. 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

Now I’d like to turn the call over to Cary Walker, Senior Vice President and Manager of Corporate Communications for City National. Please proceed.

Cary Walker

Good afternoon. Here to discuss City National’s fourth quarter and year end 2011 highlights 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, commitments and financial industry trends that may affect the company’s future operating results and financial position. These 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 contained in the Securities Litigation Reform Act of 1995. For a more 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, 2010.

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