Welcome, everybody, and thank you for joining us today at the Sidoti June Virtual Investor Conference. My name is Brendan McCarthy. I'm an analyst with Sidoti, and I'm very pleased to welcome Oportun Financial, ticker is OPRT. Joining us from Oportun will be Interim CFO, Paul Appleton, as well as head of IR, Dorian Hare. Before I hand it over, a quick reminder that the Q&A tab is located at the bottom of the screen. Feel free to type in any questions throughout the presentation, and we can save time for Q&A at the end. With that said, I'll hand it over to Paul. Brendan, thank you for inviting us to speaking today. Thanks to everyone for tuning in to join us. Today, we will be presenting our current investor presentation, dated May 2026, which is available on our investor relations website at investor.oportun.com. The key message I want to share today is that Oportun has built a more resilient, more disciplined earnings platform based upon its recent performance. We have delivered six consecutive quarters of GAAP profitability, reduced funding costs, and strengthened liquidity, and maintained a tight credit posture while preserving the ability to return to quality growth and achieve our long-term GAAP ROE target of 20%-28%. For those of you who are less familiar with Oportun, we offer borrowing and saving solutions that help our members build a better financial future. Our products address two of the most fundamental challenges to financial health and resilience, access to affordable credit, and the ability to build adequate savings. Since our founding in 2005, we have originated approximately 8 million loans, extended more than $22 billion in credit, and helped 1.3 million members build credit histories. To give you a sense of scale, we finished full year 2025 with $957 million of total revenue, along with $148 million of adjusted EBITDA, $65 million in adjusted net income and $25 million in GAAP earnings. Next, I'd like to provide some more color on two recent changes to the company's executive leadership. On April 16th, Oportun appointed a new CEO, Doug Bland, a consumer lending industry veteran, to lead the next phase of growth for the company. Doug's experience prior to joining Oportun includes serving as a senior executive at PayPal, where he was responsible for all consumer businesses, including Global Credit and Venmo. Doug's background is especially relevant to Oportun's next phase, disciplined credit management, operating rigor, consumer financial services scale, and customer-centered product innovation. Furthermore, some of you may have seen that yesterday we announced the hiring of Sean Rowles as our Chief Risk Officer. Also, a former senior executive at PayPal, Sean led the company's global first-line credit risk organization. He brings more than 30 years of risk management experience across consumer finance, banking, and fintech. The team is excited about these changes as we build on a solid foundation to deliver durable growth for the business. Oportun's mission continues to be to empower our members to build a better future. We do so through three products: unsecured personal loans, secured personal loans, and our award-winning Set & Save savings product. Our target market is comprised of thin-file and no-file and low to moderate income individuals who are traditionally underserved. I will now share more details of our product offering. Unsecured personal loans are the largest and most profitable part of Oportun's business. They allow our members a fast and convenient way to address pressing financial needs, such as a car repair or a security deposit on an apartment they want to rent. Our competitive differentiation in personal loans stems from our focus on underserved communities, our advanced technology and data capabilities, our AI-driven underwriting, and our ability to tailor our products to meet and exceed our members' expectations. For loans originated in the first quarter, the average size of our unsecured personal loan was $3,400. The average term was 27 months, the weighted average APR was 35.8%, which, as I'll discuss soon, provides a strong value proposition for our members. We also offer a secured personal loan product, which is secured by a member's automobile. We are excited about the expansion of secured personal loans, which we grew 30% year-over-year, reaching 9% of our loan portfolio in the first quarter, up from 7% a year ago. Importantly, average losses on secured personal loans continued to run substantially lower than unsecured personal loans in the first quarter. With higher average loan sizes, secured personal loans originated are expected to generate approximately twice the revenue per loan alongside better risk-adjusted returns compared to unsecured personal loans. The average loan size for our secured personal loan was approximately $6,600 in the first quarter, while the average term was 35 months and the weighted average APR was 33%. As I alluded to, our value proposition is supported by the fact that we deliver significant savings to our members as compared to alternatives that are generally available to them. Utilizing a 2025 external survey relating to competing loan products, we've determined that alternatives are on average five times more expensive, while payday loans are up to eight times more expensive. I'd now like to take a moment to explain our proprietary underwriting engine, which is a key differentiator for how we operate and serve our members. Credit decisioning is centralized and automated rather than branch-level manual underwriting. We have used AI and machine learning to analyze billions of data points, producing over 1,000 end nodes that enable highly precise credit and fraud decisions, including who we approve and for how much. We leverage multiple independent frameworks in our decisioning, including our alternative data score, which allows us to score 100% of customers, even those without a credit file. This includes having successfully used Plaid to access bank transaction data for underwriting for several years now. We also leverage raw data from the credit bureaus to formulate our own custom bureau score, and we verify income 100% of the time to formulate a borrower's ability to pay. Oportun maintains robust governance, compliance, and monitoring practices in support of management's credit oversight. I'd note that we've built an underwriting platform that can respond quickly. We are able to modify our underwriting parameters overnight as needed if market shifts dynamically. Now I'd like to provide you some color on our loan fulfillment and servicing capabilities, which are focused on lower friction, better repayment infrastructure, and scalable omni-channel engagement. In first quarter of 2026, 53% of loan applicants used multiple fulfillment channels, including our retail stores, contact centers, and mobile digital platform. Notably, 79% of applicants used our mobile digital channel for at least part of their application. 90% of payments received during first quarter were made via either debit or ACH. In addition, our Oportun-branded locations, Oportun offers over 100,000 partner payment locations to our members. I'll now provide you with more information on Set & Save, our savings product. This is a subscription-based product enables ongoing engagement with members who may not have an immediate need for a personal loan. It was rated the number 1 app in its category by Bankrate in 2025 and recognized by Forbes as an outstanding personal finance app for simplifying your money. Members can seamlessly integrate their existing bank accounts into the platform and set personalized savings goals. Our AI engine then analyzes members' income and spending patterns to determine a safe optimal allocation towards their savings goals. Funds are automatically transferred over time to help members reach their targets effortlessly. On average, our savings product helps members set aside $1,800 annually and contributed more than $12.8 billion saved since its launch. Now I'd like to turn it over to Dorian to update you on our strategy and provide some color on our current underwriting credit performance, financial performance, and outlook. I'll follow up with some comments on our capital liquidity, unit economics, and provide some closing remarks. With that, Dorian? Thanks, Paul. I'm Dorian Hare. I'm Oportun's Head of Investor Relations. Building on our progress in 2024 and 2025, we are continuing to advance our three strategic priorities in 2026. We're focused on better credit, better economics, and better originations. Regarding improving credit outcomes, note that as we shared on our May 7th earnings call, we continued to shift originations more towards existing members in the first quarter, with 79% of volume coming from them, compared to 64% a year ago. In Q2, we are introducing the latest iteration of our primary underwriting model, V13, which features an enhanced model architecture designed to better capture both long-term and more recent emerging trends. The model also incorporates new alternative data sources to improve predictive power and reduce adverse selection risk. On strengthened business economics, our focus is on continued efficiency gains. A key component of this is continuing our expense discipline. During Q1, total OpEx declined 1% year-over-year to $91 million, in line with the substantially flat expectation we've set for the year. Importantly, with an eye on longer-term financial performance and earnings growth, we recently announced two initiatives that although we expect to have limited financial impact this year, at scale, they have the potential for profit enhancement in future years. First, we are preparing a carefully controlled risk-based pricing initiative, including reintroducing pricing above 36% for shorter-term loans where the economics and risk profile can be appropriately matched. This is not a broad loosening of credit. We will continue to verify ability to pay, maintain disciplined underwriting, and evaluate performance carefully as we scale. Importantly, this can allow us to responsibly serve some members we cannot approve today while preserving strong value proposition versus alternatives. We've made good progress with this initiative, including signing a letter of intent with a new bank partner. We continue to expect to roll out this initiative in the second half of the year. In April, we launched a payment protection offering that we expect will provide more certainty for our members. Payment protection is an opt-in offering that members can elect during the loan application process, which provides protection against unforeseen events like involuntary unemployment, death, or disability, in order to completely pay off a loan under those circumstances, or partially. On identifying high-quality originations, Q1 originations declined by 11%. This was in line with our expectations, reflecting typical seasonality and the higher mix of returning borrowers I referenced a moment ago. We continue to expect to grow originations in the mid-single-digit percentage range this year. Partially offsetting the decline in Q1, secured personal loan originations grew 12% year-over-year. Let me now shift to some details on our current underwriting practices. A key feature of how we can successfully underwrite personal loans in this environment is the ability of our hardworking members and outcome driven by our credit underwriting model, which focuses on verified income, employment continuity and residential stability, and bank account connectivity. Paul mentioned before that we verify incomes for personal loan members 100% of the time. For the first quarter originations, the median gross income of approved borrowers was approximately $56,000. Our Q1 borrowers had an average of 5.4 years at their current job and 7.0 years at their current residence. 96% of our approved members had their loan proceeds dispersed to their U.S. bank accounts, rather than opting to receive disbursements in the form of a check. Our managed portfolio as of Q1 featured borrowers with an average vantage score at origination of 661, which is at the lower end of what's considered a prime score. I'd like to provide some additional color on our credit performance in Q1. An important forward-looking signal is delinquency, our 30-plus delinquency rate was 4.5%, down 38 points sequentially and 18 basis points year-over-year. That improvement, combined with our tighter credit posture, higher mix of returning members, and new V13 model rollout, supports our view that Q1 should represent the peak NCO rate for the year. We said on our May 7th earnings call that we expect the second quarter's 30-plus delinquency rate to improve further to a range between 4.10%-4.2%, which is 22-32 basis points lower than the second quarter of 2025 and 30-40 basis points lower sequentially than the first quarter. Our Q1 NCO rate increased as anticipated, coming in at 12.655% at the midpoint of the guidance we provided. Net charge-offs are a lagging indicator, Q1 reflected a seasoning of earlier vintages. I'd like to provide some color on our first quarter financial results. Q1 reflected our deliberate tight credit posture while the full-year guide assumes improving loss rates and a normal seasonal originations ramp. During the first quarter, we achieved each of our credit metrics while delivering solid GAAP and adjusted EPS. We reported total revenue of $229 million. We achieved our sixth consecutive quarter of GAAP profitability with $2.3 million in net income and diluted EPS of $0.05. We were also profitable on an adjusted basis for the ninth consecutive quarter, with adjusted net income of $10 million and adjusted EPS of $0.21. Interest expense was $48 million, down 16% from the prior year, reflecting important balance sheet optimization initiatives that Paul will detail for you shortly, and adjusted EBITDA was $29 million. On May 7th, we reiterated all aspects of our 2026 guidance. We are prioritizing quality over volume, but we are not standing still. The foundation is stronger. Leading credit indicators are improving, and the second half should be better in terms of profitability as originations seasonally ramp and losses improve. Our expectations continue to be underpinned by mid-single digits originations growth, a 1%-2% decline in average daily principal balance, a reduction in interest expense of at least 10%, and substantially flat operating expenses. We expect these drivers to result in profitability improvements across metrics highlighted by full year 2026 adjusted EPS growth of 16% at the midpoint. While our member base remains resilient, inflation above Federal Reserve targets, uneven job creation, policy uncertainty, and higher gas prices continue to create a cautious environment for low to moderate income consumers. Our outlook prudently assumes that we maintain a tight credit posture through the balance of the year while we remain well-positioned to adjust quickly as conditions evolve. With that, I'll turn it back over to Paul. Thank you, Dorian. I want to highlight now our capital and liquidity as a key driver towards meeting our 2026 guidance expectations. Dorian mentioned that we guided on May 7th to a reduction in interest expense of at least 10%. We are confident in this expectation because the benefits of the balance sheet optimization initiatives we've already completed will flow through to our 2026 financials. Completed actions already in our run rate include strengthening our debt capital structure by reducing high-cost corporate debt, lowering our overall cost of capital, and enhancing liquidity. I'm pleased with the progress we've made deleveraging, ending 1Q26 at 6.8 times debt to equity, and that's down from 3Q24's peak of 8.7 times. Reducing our high-cost corporate debt, which carries a 15% interest rate, remains our second highest capital priority after originating high-quality loans and reinvesting in the business. Since the original $235 million corporate facility was put in place in November 2024, we've reduced the outstanding balance by $100 million or 43%. Including $15 million following the end of the first quarter. These repayments alone have lowered our annualized run rate interest expense by $15 million, generating meaningful and sustainable savings. It's notable that simultaneous with this high-cost corporate repayment, we've increased our unrestricted cash balance by $52 million or 66% in the last 12 months, bringing our total to $130 million in unrestricted cash. On the capital market side, in February, we completed a $485 million ABS transaction at a 5.32% yield. Since June 2025, we've raised almost $2 billion in the ABS markets at sub 6% yields, demonstrating sustained access to capital on favorable terms. In addition to recent ABS execution, we ended Q1 with $1.1 billion of committed warehouse capacity, giving us the flexibility to fund quality originations as volumes ramp while maintaining a disciplined balance sheet. Before I close, I'd like to conclude with a brief summary of our unit economic progress. Although our long-term targets are GAAP targets, I'll reference adjusted metrics because they remove non-recurring items and better reflect our future run rate. As shown on slide 19, we generated a 10.5% adjusted ROE during the first quarter. With ramping originations and lower credit losses embedded in our full-year guidance, we expect to improve on our first quarter adjusted ROE performance in the balance of the year and outpace last year's 17.5% adjusted ROE. I'm encouraged by the positive fundamentals we exhibited in Q1, particularly the year-over-year improvement in cost of funds and operating expense efficiency. Our balance sheet optimization initiatives drove improvement in our cost of funds from 8.2% to 7%, a level well below our 8% target, and expense discipline-enabled improvement in our adjusted OpEx ratio from 13.3% to 12.7%, nearing our 12.5% target. Our North Star remains delivering GAAP ROEs of 20%-28% annually. The path to our long-term ROE target is straightforward. Lower credit costs, funding costs already below our long-term target, continued operating expense discipline, returning the own loan portfolio to disciplined growth over time, and moving leverage down towards the six to one target. We do not need a large single bet to get there. What we need is consistent execution across these controllable levers. To close, Oportun enters the balance of 2026 with a stronger foundation. As I mentioned, six consecutive quarters of GAAP profitability, lower funding cost, improved liquidity, disciplined operating expense management, and leading credit indicators moving in the right direction. We are deliberately prioritizing quality growth over volume for its own sake. As originations ramp seasonally, our losses improve and we execute on initiatives like our V13 credit model, secured lending, risk-based pricing, and payment protection. We believe we are positioned to improve earnings and continue progressing towards our long-term GAAP ROE target of 20%-28%. With that, Brendan, we're happy to answer any questions from you or from the audience. Great. Thank you, Paul and Dorian, for the overview. We can now open the floor for Q&A. Why don't we start off with the macroeconomic environment? I know there's been a high degree of uncertainty between the conflict in the Middle East, there's been a recent re-acceleration in inflation. How has the borrower base held up? Have you seen any variation in early credit indicators? Thanks, Brendan. It's a really important point you're asking about there, and it's something the team looks at every day. What are the trend stresses we're seeing? What are the challenges our borrowers are facing? The bottom line conclusion is they are remarkably resilient. As we mentioned on our first quarter earnings call, the leading indicator of credit, 30-day past due, we expect for the second quarter to be 40 to 50 basis points lower than the number we reported in the first quarter, at a 4.1%-4.2% level, and that would be as low as the fourth quarter of 2021. That's the last time we saw a level that low. Really resilient borrower, reflective of our tight credit posture that we've had in place for some time now. That makes sense. I know you mentioned the originations to returning members has steadily increased. I think it was upwards of 70% in Q1. What's the optimal mix there between new borrowers and returning borrowers? Maybe more of a long-term positioning there. It's a great question. As you point out, in the first quarter, 79% of our lending was to returning borrowers. That's a nice differentiator versus other lenders out there, right? We've been around in business so long, people trust us. They know they can come for credit, we see the need for credit in this segment to be recurring. That's what drives almost eight out of 10 borrowers being returning. We've seen them before. We know if they were a good payer or not, and we can approve those who were as returning borrowers. What's the optimal mix? That's going to change over time, right? It depends on the macro. It depends on the credit losses we can expect among new borrowers, and it's also going to change because of risk-based pricing. As we mentioned on our first quarter earnings call, we're going to introduce not only higher pricing for shorter-term, high-risk segments, which will allow us to approve more applicants. We'll also lower pricing on returning borrowers who've demonstrated an ability to pay and keep their loan current. With that sort of barbell strategy, we would expect to be able to approve more new loan borrowers profitably in the future than we can today operating under that 36% cap. That makes sense. Turning to that, the new risk-based pricing, under the new rates above the 36% cap, can you provide any insight on what that or how that might impact your long-term unit economics target, just in terms of net interest margin or any metrics that you look at? Yeah, look, we think as we look at risk-based pricing and also growing secured personal loans, as we talked about in our remarks, secured personal lending has been growing as the portfolio has grown 30% year-over-year with a lot more room to grow. It's still only 9% of the portfolio. When you think about pricing higher risk segments higher, we'll see higher risk-adjusted returns that will be accretive. More secured personal loans will lower losses and allow us to continue to grow those larger average loan sizes. Then with returning borrowers pricing some of those lower because they've earned the right and we'll get more positive selection among our returning borrowers. All of that together, we think will be certainly enhancing to risk-adjusted returns over time. That makes sense. Turning to the balance sheet, you've done a great job bringing down leverage. I think you're a couple ticks right above the 6.0 long-term target. How can we think about capital allocation, how it might change once you achieve that leverage target? Yeah, thanks for the question. Look, we're really pleased with the delevering. As I mentioned in my prepared remarks, we were 8.7 times back in the third quarter of 2024, now 6 times leverage here today, 6.8 times today with the target of 6, obviously trending in the right direction. Paying down that $100 million of corporate debt, saving a lot of money in interest expense, that's helping power the earnings growth this year. Once we get to the 6 times leverage, I think clearly we can start to look at broader capital allocation options. For now, we're focused on investing in profitable growth and paying down that high-cost corporate debt. Got it. A question from our attendees. What do you attribute the lower interest expense to in an interest rate environment that's been moderately higher or stagnant? Yeah, it's a great question. Look, we focus very much on managing interest rate risk. When we do these asset-backed securitizations, which really fund the business, we lock in interest rates for two years as a fixed rate. We took a great advantage of tight credit spreads and lower interest rates last year. As I mentioned, we issued almost $2 billion of ABS bonds over the last 12 months. What we do here at the company is we keep a lot of liquidity runway, so that we can choose when we go into the market to raise capital. We did that very effectively last year. The term on these ABS typically two years, warehouse is two or three years. We've got a lot of committed warehouse capacity, which allows us to tune our timing into the market. We'll continue to do that as we go forward, regardless of the interest rate environment. Got it. Can you talk about the impact of increased immigration enforcement on your business? Yeah. Look, it's obviously a lot of headlines on that the last 18 months or so totally get the question. I mean, look, Oportun's been around 20 years. We've served the Hispanic community, and we serve a more diverse community as well. We're in 41 states, so very geographically diverse. We have both a secured and unsecured product. We're able to calibrate loan sizes from the very small to large, so we can certainly calibrate the risks very well. Immigration risk specifically is a risk we've managed to over the years. Oportun has thrived and survived under administrations of both colors. We certainly calibrate how we're doing our risk underwriting to the environment we're facing and expect to face, and that's served us well. I think the bottom line for this is, we've not seen a material degradation of any type in our loss performance due to this specific risk. It is something we keep a close eye on, along with other risks on credit or inflationary pressures, gas prices, food prices, rent prices. All of those will impact how we keep the credit box, to what degree it remains open, and where we're doing our marketing and driving volume. Got it. One final question. You've had improved financial performance. The company's under new leadership. What are investors missing here? Why is now a good time to look at Oportun stock? Yeah, look, I mean, just look at it as a pure value play. There's obviously significant value there. This is a profitable business generating a lot of cash flow, GAAP profitable, demonstrated over more than a year, six quarters now. That isn't enough to attract an equity investor into the stock. It can't just be value for value's sake. The points I think we've made on this call today are, we're focused on durable growth. We are growing originations, plan to grow origination in the mid-single digits this year. Many of the seeds we're planting this year, risk-based pricing, the debt protection, which is offering incremental fee revenue, continued growth, secured personal loans, those efforts are going to scale over time. As we exit 2026 coming into 2027, those are the seeds that are going to flourish and power earnings growth again in 2027. I think that's how we think about the business now and why it's not only value, but there's the growth seeds are being planted to drive real earnings growth again in 2027 and beyond. That's great. Well, Paul and Dorian, we really appreciate the time and the overview today. We'll conclude there. Thank you, Brendan. Thank you, everyone. Appreciate you making time today. Thanks, everybody, for joining.