FIRST REPUBLIC BANK (FRC) Q4 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to First Republic Bank's fourth quarter and full year 2022 earnings conference call. Today's conference is being recorded. During today's call, the lines will be in a listen-only mode. Following the presentation, the conference will be opened for questions. To join the queue, please press star 1 on your telephone keypad at any point during the call. I would now like to turn the call over to Mike Ionelli Vice President and Director of Investor Relations. Please go ahead. Thank you and welcome to First Republic Bank's fourth quarter 2022 conference call. Speaking today will be Jim Herbert, Founder and Executive Chairman. Mike Roffler, CEO and President. Mike Selfridge, Chief Banking Officer. Bob Thornton, President, Private Wealth Management. Olga Sokova, Chief Accounting Officer and Deputy Chief Financial Officer, and Neil Holland, Chief Financial 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. We also discuss certain non-GAAP measures of our financial performance, which should be considered in addition to, not as a substitute for, financial measures prepared in accordance with GAAP. For more complete discussion of the risks and uncertainties that could cause actual results to differ materially from any forward-looking statements, and for reconciliations of the non-GAAP calculation of certain financial measures to the most comparable GAAP financial measure, 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 to turn the call over to Jim Herbert. Thank you, Mike, very much. And good morning, everyone. It was a very strong year for First Republic. Our t...