FIRST REPUBLIC BANK (FRC) Q1 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Public Bank's first quarter 2023 earnings conference call. Today's conference is being recorded. During today's call, the lines will be in a listen-only mode. I would now like to turn the call over to Mike Ionelli, Vice President and Director of Investor Relations. Please go ahead. Thank you. Before we begin, please note that our remarks include forward-looking statements. Information about these statements are available in the earnings press release and the bank's FDIC filings, all available on the bank's website. The forward-looking statements reflect our current views about future events in financial performance and are subject to risks, uncertainties, assumptions, and changes in circumstances, a number of which have increased as a result of recent developments that may cause our actual results to differ materially from historical results and those expressed or implied in any forward-looking statement. Forward-looking statements made on this call speak only as of today and will not be updated. Given the events of March, we are withdrawing all previously communicated financial guidance. Please note that there will be no question and answer session following our prepared remarks. And now, I would like to turn the call over to Mike Roffler, CEO and President. Thank you, Mike. On today's call, we'll discuss the events in March, actions to strengthen our business, and first quarter results. Since our founding, First Republic has been fully committed to serving our clients and communities. Over the past seven weeks, as we were impacted by industry events, our commitment to delivering exceptional client service has not wavered. We continue to meet our clients' banking and wealth management needs, as we always have. I'd like to take a moment to thank our colleagues for th...