Citigroup's (C) CEO Mike Corbat on Q1 2017 Results - Earnings Call Transcript

Apr. 13, 2017 3:14 PM ETCitigroup Inc. (C)
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Citigroup Inc (NYSE:C) Q1 2017 Earnings Conference Call April 13, 2017 11:30 AM ET


Susan Kendall - Head of Investor Relations

Mike Corbat - Chief Executive Officer

John Gerspach - Chief Financial Officer


Glenn Schorr - Evercore ISI

John McDonald - Bernstein

Jim Mitchell - Buckingham Research

Matt O'Connor - Deutsche Bank

Matt Burnell - Wells Fargo Securities

Steven Chubak - Nomura Instinet

Ken Usdin - Jefferies

Betsy Graseck - Morgan Stanley

Erika Najarian - Bank of America

Gerard Cassidy - RBC

Eric Wasserstrom - Guggenheim

Saul Martinez - UBS

Brian Kleinhanzl - KBW


Hello, and welcome to Citi's First Quarter 2017 Earnings Review with Chief Executive Officer, Mike Corbat and Chief Financial Officer, John Gerspach. Today's call will be hosted by Susan Kendall, Head of Citi Investor Relations. We ask that you please hold all questions until the completion of the formal remarks, at which time you'll be given instructions for the question-and-answer session. Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time. Ms. Kendall, you may begin.

Susan Kendall

Thank you, Brad. Good morning and thank you all for joining us. On our call today, our CEO, Mike Corbat will speak first. Then John Gerspach, our CFO, will take you through the earnings presentation, which is available for download on our Web site, Afterwards, we'll be happy to take questions.

Before we get started, I would like to remind you that today's presentation may contain forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results and capital and other financial condition may differ materially from these statements due to a variety of factors, including the precautionary statements referenced in our discussion today and those included in our

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