Piper Sandler Companies (NYSE:PIPR) Q4 2022 Earnings Call Transcript

Page 6 of 6

Deb Schoneman: Yes. As I was mentioning before, it is so challenging right now. We always say it’s hard to look into the crystal ball. And crystal ball here is really foggy just given when do rates settle out a little more. And we talked about looking at the second half of 2022 and believing that we’re going to see some improvement from that. But the extent to which we see improvement over that is going to be a little dependent on just volatility of interest rates and more certainty around where they’re going to land.

Mike Grondahl: Got it. That’s fair.

Deb Schoneman: I don’t know if that’s helpful or not. It’s a tough one.

Mike Grondahl: Sure. Hey, thanks a lot.

Operator: And there are no further questions at this time, so I’ll turn things back over to Mr. Abraham for any additional or closing remarks.

Chad Abraham: Thank you, operator, and thanks everyone. We look forward to updating you on the first quarter results. Have a great day.

Operator: And that does conclude today’s conference. Once again, thanks, everyone, for joining us. You may now disconnect.

Follow Piper Sandler Companies (NYSE:PIPR)

Page 6 of 6