Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Q4 2022 Earnings Call Transcript

Brian Martin: Got you. Okay. And last one, Harold, and I’ll let you go, is the margin outlook you talked about, that kind of assumes your two rate hikes. If you see a — the Fed lower rates at all, does that — how does that change the margin outlook, I guess, particularly as you get later in the year into next year? I guess, does that — if it’s not material declines, is it not much change from what your forecast is today or kind of your outlook?

Harold Carpenter: Yes, we actually have some rate decreases in November and December in our forecast right now, but they’re pretty much in consequent.

Brian Martin: Got you. Okay. Thanks for taking the questions.

Harold Carpenter: Thanks, Brian.

Operator: Thank you. And that does conclude today’s conference. You may disconnect your lines at this time, and have a wonderful day. Thank you for your participation.