SLM Corporation

The conference will begin shortly. To raise and lower your hand during Q&A, you can dial star 1-1.

Good day and welcome to the 2022 fourth quarter salary earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session and instructions will be given at that time. As a reminder, this call is being recorded. I would like to turn the call over to Melissa Bronoff, Vice President, Best Relations. You may begin.

Thank you, Michelle. Good morning and welcome to Sally Mae's fourth quarter 2022 earnings call. It is my pleasure to be here today with John Witter, our CEO, and Steve McGarry, our CFO. After the prepared remarks, we will open up the call for questions. Before we begin, keep in mind our discussion will contain predictions, expectations, and forward-looking statements. Actual results in the future may be materially different from those discussed here. This could be due to a variety of factors. Listeners should refer to the discussion of those factors on the company's Form 10-Q and other filings with the SEC. For Sally Mae, these factors include, among others, the potential impact of the COVID-19 pandemic on our business, results of operations, financial conditions, and or cash flows. During this conference call, we will refer to non-GAAP measures we call our core earnings. A description of core earnings, a full reconciliation to GAAP measures, and our GAAP results can be found in the earnings supplement for the quarter ended December 31st, 2022. This is posted along with the earnings press release on the investors page at sallymay.com. Thank you, and now I'll turn the call over to John.