Craig Streem | Head, Investor Relations |
Roger Hochschild | Chief Executive Officer |
Mark Graf | Chief Financial Officer |
Betsy Graseck | Morgan Stanley |
Sanjay Sakhrani | KBW |
Ryan Nash | Goldman Sachs |
Bill Carcache | Nomura Instinet |
Chris Brendler | Buckingham |
Don Fandetti | Wells Fargo |
Moshe Orenbuch | Credit Suisse |
John Hecht | Jefferies |
Chris Donat | Sandler O'Neill |
Rick Shane | JPMorgan |
Mark DeVries | Barclays |
Brian Hogan | William Blair |
Eric Wasserstrom | UBS Securities |
Good afternoon. My name is Thedra, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2019 Discover Financial Services Earnings Conference 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.