Recent Updates — PIPR

Piper Sandler Companies reported third-quarter net income attributable to shareholders of $55 million, or $0.78 per diluted common share, a decrease from $60.3 million in the prior-year period. Net revenues fell 8% year-over-year to $443 million, driven by lower municipal financing and equity brokerage activity, though advisory services revenues grew 18%. The company also declared a quarterly cash dividend of $0.20 per share, payable on December 11, 2026, to shareholders of record as of November 24, 2026. Additionally, the Board authorized a new $200 million share repurchase program effective immediately and expiring in December 2028. Piper Sandler Companies operates as an investment bank providing securities brokerage and investment banking services.

Piper Sandler Companies reported second quarter 2026 financial results with net revenues of $496 million, a 25% increase year-over-year, and adjusted net income attributable to shareholders of $74.5 million, or $1.04 per diluted share. The company declared a quarterly cash dividend of $0.20 per share, payable on September 11, 2026, to shareholders of record as of August 28, 2026. During the quarter, the firm repurchased 386,000 shares for $31 million under its existing authorization and appointed Tripp Griffin and Rob Parker as co-heads of services & industrials investment banking. Piper Sandler Companies operates in the financial industry as a leading investment bank providing advisory, financing, and brokerage services.