Moody's Corp Q1 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : I wanted to ask a little bit more specifically on the impact from SVB and kind of the broader banking sector turmoil on the sales pipeline in MA. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 25, 2023 / 4:30PM, MCO.N - Q1 2023 Moody's Corp Earnings Call I think, Mark, you just said that it was a little bit too early to tell. But is there are any color you could provide on anything outside of usage increases? It seems like that would bring in additional sales opportunities, but also understanding that some of these end markets or these clients would have other things that they're focused on spending money on in the near term. Any additional color on how you're thinking about that would be great.

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : I just wanted to focus more on the banking vertical than in MA. I was wondering if it's possible to quantify how big your exposure is, and particularly on the regional banking side. And then obviously, you talked about the increased focus on risk management being positive over the midterm. But I was just wondering, how are your conversations or the sales conversations trending with those banks? Are we seeing increased focus of risk management even in the near term?

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : That's great. Congrats on solid results.