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First Republic Bank's (FRC) CEO Jim Herbert on Q2 2017 Results - Earnings Call Transcript

Jul. 14, 2017 2:32 PM ETFirst Republic Bank (FRCB)
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First Republic Bank (FRC) Q2 2017 Results Earnings Conference Call July 14, 2017 10:00 AM ET


Shannon Houston - Deputy Chief Marketing and Communications Officer

Jim Herbert - Chairman and CEO

Mike Roffler - CFO

Gaye Erkan - President

Mike Selfridge - Chief Banking Officer

Bob Thornton - President of Wealth Management

Jason Bender - COO

Mollie Richardson - Chief Administrative Officer and Chief People Officer


Chris McGratty - Keefe, Bruyette & Woods

Steven Alexopoulos - J.P. Morgan

Casey Haire - Jefferies

Aaron Deer - Sandler O’Neill & Partners

Ken Zerbe - Morgan Stanley

Matthew Clark - Piper Jaffray

David Chiaverini - Wedbush Securities

Oliver Brassard - BMO Capital Markets


Greetings and welcome to First Republic Bank’s Second Quarter 2017 Earnings Conference Call. During today’s call, the lines will be in a listen-only mode. Following the presentation, the conference will be open for questions.

I would now like to turn the call over to Shannon Houston, Deputy Chief Marketing and Communications Officer. Please go ahead.

Shannon Houston

Thank you. And welcome to First Republic Bank’s second quarter 2017 conference call. Speaking today will be Jim Herbert, the Bank’s Chairman and Chief Executive Officer; Mike Roffler, Chief Financial Officer; Gaye Erkan, President; Mike Selfridge, Chief Banking Officer; Bob Thornton, President of Wealth Management, Jason Bender, Chief Operating Officer; and Mollie Richardson, Chief Administrative Officer and Chief People Officer.

Before I hand the call over to Jim, please note that we may make forward-looking statements during today’s call that are subject to risks, uncertainties and assumptions. For a more complete discussion of the risks and uncertainties that could cause actual results to differ materially from any forward-looking statements, please see the Bank’s FDIC filings, including the Form 8-K filed today, all available on the Bank’s website.

And now, I’d like

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