Piper Sandler Companies (PIPR) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.315 Please stand by. 00:00:02.315 -- 00:00:06.982 Good morning and welcome to the Piper Sandler Company's first quarter 2026 earnings conference 00:00:06.982 -- 00:00:12.250 call. Today's call is being recorded and will include remarks by Piper Sandler management 00:00:12.250 -- 00:00:14.493 followed by a question and answer session. 00:00:14.493 -- 00:00:16.657 I'll begin by turning the call over to Kate Winslow. 00:00:16.657 -- 00:00:18.940 Please go ahead. 00:00:18.940 -- 00:00:23.928 Thank you, operator. Good morning and thank you for joining the Piper Sandler Company's 00:00:23.928 -- 00:00:27.790 first quarter 2026 earnings conference call. 00:00:27.790 -- 00:00:32.957 Hosting the call today are Chairman and CEO Chad Abraham, our President 00:00:32.957 -- 00:00:37.424 Deb Shoneman, and CFO Kate Kloon. Earlier 00:00:37.424 -- 00:00:42.772 this morning, we issued a press release announcing Piper Sandler's first quarter 2026 00:00:42.772 -- 00:00:48.079 financial results, which is available on our website at pipersandler.com 00:00:48.079 -- 00:00:49.982 slash earnings. 00:00:49.982 -- 00:00:54.858 Today's discussion of the results is complimentary to the press release. 00:00:54.858 -- 00:01:00.746 A replay of this call will also be available at that same website later today. 00:01:00.746 -- 00:01:05.872 Before we begin, let me remind you that remarks made on today's call may 00:01:05.872 -- 00:01:11.259 contain forward-looking statements that are not historical or current facts, including 00:01:11.259 -- 00:01:14.323 statements about beliefs and expectations 00:01:14.323 -- 00:01:18.145 and involve inherent risks and uncertainties. 00:01:18.145 -- 00:01:23.190 Factors that could cause actual results to differ materially from those a...