LendingClub Corporation (NYSE:LC) Q4 2024 Earnings Conference Call January 28, 2025 5:00 PM ET

Company Participants

Artem Nalivayko – IR
Scott Sanborn – CEO
Drew LaBenne – CFO

Conference Call Participants

Vincent Caintic – BTIG
Brad Capuzzi – Piper Sandler
Tim Switzer – KBW
Giuliano Bologna – Compass
Bill Ryan – Seaport Research Partners
John Hecht – Jefferies
Reggie Smith – JPMorgan

Operator

Good afternoon. Thank you for attending today’s LendingClub Fourth Quarter ‘24 Earnings Conference Call. My name is Cole and I’ll be the moderator for today’s call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions] I’d like to pass it over to Artem Nalivayko. Please go ahead.

Artem Nalivayko

Thank you and good afternoon. Welcome to LendingClub’s fourth quarter and full year 2024 earnings conference call. Joining me today to talk about our results are Scott Sanborn, CEO; and Drew LaBenne, CFO. You can find the presentation accompanying our earnings release on the Investors Relations section of our website. On the call, in addition to questions from analysts, we will also be answering some of the questions that were submitted for consideration via email.

Our remarks today will include forward-looking statements, including with respect to our competitive advantages and strategy, macroeconomic conditions, platform volume and pricing, future products and services, and future business and financial performance. 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 press release and earnings presentation. Any forward-looking statements that we make on this call are based on current expectations and assumptions, and we undertake no obligation to update these statements as a result of new information or future events.

Our

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