Brian Cronin | Vice President, Investor Relations |
Ray Quinlan | Chief Executive Officer |
Steve McGarry | Chief Financial Officer |
Michael Kaye | Wells Fargo |
Sanjay Sakhrani | KBW |
Michael Tarkan | Compass Point |
Rick Shane | JPMorgan |
Moshe Orenbuch | Credit Suisse |
John Hecht | Jefferies |
Ann Maysek | Rose Grove Capital |
Vincent Caintic | Stephens |
Henry Coffey | Wedbush |
Good morning. My name is Cedarius and I will be your conference operator today. At this time, I would like to welcome everyone to the Sallie Mae 2018 Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session.