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LendingClub's (LC) CEO Scott Sanborn on Q2 2018 Results - Earnings Call Transcript

Aug. 07, 2018 10:33 PM ETLendingClub Corporation (LC)
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LendingClub Corporation (NYSE:LC) Q2 2018 Earnings Conference Call August 7, 2018 5:00 PM ET


Artem Nalivayko – Head-Investor Relations

Scott Sanborn – Chief Executive Officer

Tom Casey – Chief Financial Officer


Brad Berning – Craig-Hallum

John Coffey – Susquehanna

James Faucette – Morgan Stanley

Mark May – Citi

Michael Tarkan – Compass Point

Heath Terry – Goldman Sachs

Rob Wildhack – Autonomous Research

Eric Wasserstrom – UBS

Jed Kelly – Oppenheimer


Good afternoon, and welcome to the LendingClub’s Second Quarter 2018 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. Please note this event is being recorded.

And with that, I’d like to turn the conference over to Artem Nalivayko, Head of Investor Relations. Please go ahead.

Artem Nalivayko

Thank you, and good afternoon. Welcome to LendingClub’s second quarter of 2018 earnings conference call. Joining me today to talk about our results and recent events are Scott Sanborn, CEO; and Tom Casey, CFO.

Before we get started, I’d like to remind everyone that this conference call is being broadcast on the internet. We have provided a slide presentation to accompany our commentary and both the presentation and the call are available through the Investor Relations section of our website at ir.lendingclub.com.

Also, our remarks today will include forward-looking statements that are based on our current expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but are not limited to, our guidance for the third quarter and full-year 2018. Our actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are described in today’s earnings press release, the related slide presentation on our Investor Relations website and our most recent Form 10-K and Form 10-Q filed with the SEC. Any forward-looking statements that we make on this call are

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