The Bank of New York Mellon Corporation (NYSE:BK) Q4 2024 Earnings Call Transcript January 15, 2025 12:00 PM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Alex Blostein - Goldman Sachs Brian Bedell - Deutsche Bank David Smith - Truist Securities Thomas Leddy - RBC Operator Good afternoon, and welcome t ...

Financial Data and Key Metrics - The company held its Fourth Quarter 2024 Earnings Call, hosted by Jenn Landis, Head of Investor Relations, with CEO Jane Fraser and CFO Mark Mason presenting [1][2][3] - The presentation contains forward-looking statements based on management's current expectations, subject to uncertainty and changes in circumstances [4] Business Line Data and Key Metrics - No specific financial data or key metrics for individual business lines were provided in the content Market Data and Key Metrics - No specific market data or key metrics were provided in the content Company Strategy and Industry Competition - CEO Jane Fraser started the presentation by discussing the macro backdrop and then walked through the company's full-year results, indicating a focus on broader economic conditions and overall performance [5] Management Commentary on Operating Environment and Future Outlook - No specific commentary on the operating environment or future outlook was provided in the content Other Important Information - The earnings call was recorded, and participants were instructed to hold questions until the formal remarks were completed [1] - The presentation is available for download on the company's website, citigroup.com [4] Q&A Session Summary - No Q&A session details were provided in the content

Wells Fargo & Company (NYSE:WFC) Q4 2024 Results Conference Call January 15, 2024 10:00 AM ET Company Participants John Campbell - Director of IR Charlie Scharf - CEO Mike Santomassimo - CFO Conference Call Participants John McDonald - Truist Securities Ebrahim Poonawala - Bank of America John Pancari - Evercore Erika Najarian - UBS Betsy Graseck - Morgan Stanley Matt O'Connor - Deutsche Bank David Long - Raymond James Vivek Juneja - JPMorgan Gerard Cassidy - RBC Capital Markets Saul Martinez - HSBC Operato ...

Financial Data and Key Metrics - The company reported strong performance in Q4 2024, reflecting its ability to serve clients effectively in a dynamic environment [5] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were provided in the content Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content Company Strategy and Industry Competition - The company continues to focus on serving clients effectively, indicating a client-centric strategy in a competitive environment [5] Management Commentary on Operating Environment and Future Outlook - The CEO expressed satisfaction with the company's performance, highlighting its ability to navigate a dynamic environment [5] - The CEO also acknowledged the devastating fires in Los Angeles, showing concern for the community, including colleagues and clients [4] Other Important Information - The earnings presentation and related materials are available on the company's Investor Relations website, including forward-looking statements and non-GAAP measures [2] - The conference call is copyrighted material and cannot be duplicated or rebroadcast without consent [2] Q&A Session Summary - No Q&A session details were provided in the content

Financial Data and Key Metrics - Net income reported at $14 billion, with EPS of $4.81 and revenue of $43.7 billion, achieving an ROTCE of 21% [1] - Revenue increased by $3.8 billion or 10% year-on-year to $43.7 billion [1] - NII ex-markets decreased by $548 million or 2%, primarily due to lower rates, deposit margin compression, and lower deposit balances in CCB, partially offset by securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances [1] - NII ex-markets increased by $3.1 billion or 30%, or 21% excluding prior year's net investment securities losses, driven by higher asset management fees and investment banking fees [6] - Markets revenue rose by $1.2 billion or 21% [6] - Expenses decreased by $1.7 billion to $22.8 billion [6] Business Line Performance - CCB experienced lower deposit balances, impacting NII ex-markets [1] - Higher revolving balances in card and wholesale deposit balances partially offset the decline in NII ex-markets [1] - Asset management fees and investment banking fees contributed significantly to the increase in NII ex-markets [6] Market Performance - Markets revenue showed strong growth, increasing by $1.2 billion or 21% [6] Strategic Direction and Industry Competition - No specific details provided in the content regarding strategic direction or industry competition Management Commentary on Operating Environment and Future Outlook - No direct management commentary on the operating environment or future outlook provided in the content Other Important Information - The earnings call was hosted by JPMorgan Chase's Chairman and CEO, Jamie Dimon, and CFO, Jeremy Barnum [3][4] - The call included participants from major financial institutions such as Truist Securities, Wells Fargo Securities, and Morgan Stanley [5] Q&A Session Summary - No Q&A session details provided in the content

BlackRock, Inc. (NYSE:BLK) Q3 2024 Earnings Conference Call January 15, 2025 7:30 AM ET Company Participants Christopher J. Meade - General Counsel Martin S. Small - Chief Financial Officer Laurence D. Fink - Chairman & Chief Executive Officer Robert S. Kapito - President Conference Call Participants Alex Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Michael Brown - Wells Fargo Ken Worthington - J.P. Morgan Bill Katz - TD Cowen Operator Good morning. My name i ...

Experian plc (OTCQX:EXPGF) Q3 2025 Results Conference Call January 15, 2025 4:00 AM ET Company Participants Brian Cassin - CEO Lloyd Pitchford - CFO Conference Call Participants Ryan Flight - Jefferies Suhasini Varanasi - Goldman Sachs Andrew Ripper - Liberum Kelsey Zhu - Autonomous Sylvia Barker - JPMorgan Andrew Grobler - BNP Paribas Simon Clinch - Redburn Atlantic Arthur Truslove - Citi James Rose - Barclays Brian Cassin Hello, everybody, and welcome to our Q3 trading update call. I'm here as usual with ...

Karooooo Ltd. (NASDAQ:KARO) Q3 2025 Earnings Conference Call January 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy and Marketing Officer Goy Hoeshin - Chief Financial Officer Zak Calisto - Chief Executive Officer Conference Call Participants Operator Hello and welcome to Karooooo's Financial Year 2025 Q3 Earnings Call. On behalf of Karooooo, we would like to thank you for joining us today. I'm Paul Beaver, Karooooo’s VP of Investor Relations and Strategic Finance. We are joined to ...

Financial Data and Key Metrics - The company issued its financial results for the fiscal second quarter ended November 30, 2024, and a press release, which will be furnished in a report on Form 8-K filed with the SEC [1] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were provided in the content [1] Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content [1] Company Strategy and Industry Competition - No specific details on company strategy, development direction, or industry competition were provided in the content [1] Management Commentary on Operating Environment and Future Outlook - The company cautioned that forward-looking statements made during the call involve risks and uncertainties, and actual results could differ materially from those described due to factors beyond the company's control [4][5] Other Important Information - The company reminded participants that forward-looking statements are subject to risks and uncertainties, and detailed disclosures can be found in the earnings release [4][5] Q&A Session Summary - No Q&A session details were provided in the content [1]

Financial Data and Key Metrics - The company is discussing its fiscal year 2025 first quarter financial results for the period ended November 30, 2024 [5] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were provided in the content Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content Company Strategy and Industry Competition - No specific details on company strategy or industry competition were provided in the content Management Commentary on Operating Environment and Future Outlook - Management statements during the call may contain forward-looking statements within the meaning of U S Securities laws These statements describe future expectations plans results or strategies and are generally preceded by words such as may future planned will should expected anticipates or similar words [2] - Listeners are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances events or results to differ materially from those identified in the forward-looking statements as a result of various factors and other risks identified in the Company's 10-K [6] Other Important Information - The conference call is being recorded and participants will be in listen-only mode until the question-and-answer session [1][4] Q&A Session - No questions or answers were provided in the content as the Q&A session had not yet occurred at the time of the provided transcript