Piper Sandler Companies (PIPR) Q4 2023 Earnings Call Transcript

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Piper Sandler Companies (NYSE:PIPR) Q4 2023 Earnings Conference Call February 2, 2024 9:00 AM ET

Company Participants

Chad Abraham – Chairman and CEO

Deb Schoneman – President

Tim Carter – SVP of Finance

Kate Clune – CFO

Conference Call Participants

Devin Ryan – JMP Securities

James Yaro – Goldman Sachs

Brendan O’Brien – Wolfe Research

Mike Grondahl – Northland Securities

Operator

Good morning, and welcome to the Piper Sandler Companies conference call to discuss the financial results for the Fourth Quarter and Full Year of 2023. During the question-and-answer session, securities industry professionals may ask questions of management.

The company will make forward-looking statements on this call that are not historical or current facts, including statements about beliefs and expectations, and involve inherent risks and uncertainties. Factors that could cause actual results differ materially from those anticipated are identified in the company’s earnings release and reports on file with the SEC which are available on the company’s website at pipersandler.com and on the SEC website at sec.gov. This call will also include statements regarding certain non-GAAP financial measures. The non-GAAP measures should be considered in addition to and not a substitute for measures of financial performance prepared in accordance with GAAP. Please refer to the company’s earnings release issued today for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measure.

The earnings release is available on the Investor Relations page on the company’s website and at the SEC website. As a reminder, this call is being recorded.

And now I’d like to turn the call over to Mr. Chad Abraham. Mr. Abraham, you may begin.

Chad Abraham

Good morning, everyone, and thanks for joining us today to talk about our fourth quarter and full year results for 2023.

I am here with Deb Schoneman, our President; and

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