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Home » Mastercard’s (MA) CEO Ajay Banga on Q2 2014 Results – Earnings Call Transcript

Mastercard’s (MA) CEO Ajay Banga on Q2 2014 Results – Earnings Call Transcript

Source: Seeking Alpha


Mastercard Inc. (NYSE:MA)

Q2 2014 Earnings Conference Call

July 31, 2014 9:00 AM ET


Barbara Gasper – Head, IR

Ajay Banga – President and CEO

Martina Hund-Mejean – CFO


Tien-tsin Huang – JP Morgan

Bryan Keane – Deutsche Bank

David Hochstim – Buckingham Research

Sanjay Sakhrani – KBW

Moshe Orenbuch – Credit Suisse

Jim Schneider – Goldman Sachs

Moshe Katri – Cowen & Co

Darrin Peller – Barclays Capital

Chris Brendler – Stifel Nicolaus

James Friedman – Susquehanna Financial Group

Glenn Greene – Oppenheimer & Co

Bob Napoli – William Blair


Welcome to the MasterCard’s Second Quarter 2014 Earnings Conference Call. My name is Christine, and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to Barbara Gasper, Head of Investor Relations. You may begin.

Barbara Gasper

Thank you, Christine, and good morning to everyone. Thank you for joining us for a discussion about our second quarter 2014 financial results. With me on the call today are Ajay Banga, our President and Chief Executive Officer; and Martina Hund-Mejean, our Chief Financial Officer.

Following comments from Ajay and Martina, the operator will announce your opportunity to get into the queue for the Q&A session. Up until then, no one is actually registered to ask a question. Even if you think you have already dialed into the queue, you will need to register again following our prepared comments.

This morning’s earnings release and the slide deck that will be referenced on this call can be found in the Investor Relations section of our website at These documents have also been attached to an 8-K that we filed with the SEC earlier this morning. A replay of this call will be posted on our website for one week through August 7.

Finally, as set forth in more detail in today’s earnings release, I need to remind everyone that today’s call may include some forward-looking statements about MasterCard’s future performance. Actual performance could differ materially from what is suggested by our comments today. Information about the factors that could affect future performance are summarized at the end of our press release, as well as contained in our most recent SEC filings.

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