Every 8-K that Piper Sandler Companies (PIPR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PIPR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PIPR filings page.
Piper Sandler Companies (PIPR) reported that its board of directors elected Wendy L. Schoppert as a director, effective September 22, 2026, for an initial term expiring at the 2027 annual meeting of shareholders. Her election increases the board size from 10 to 11 directors, and she will serve on the Audit Committee.
For her board service, Ms. Schoppert will receive a pro-rated $100,000 annual cash retainer, a $60,000 initial equity grant, and a pro-rated $150,000 annual equity grant for the remainder of the fiscal year ending December 31, 2026, under the 2026 non-employee director compensation program. The company states there are no arrangements with other persons regarding her selection and no related person transactions with her as defined in Regulation S-K.
Piper Sandler Companies reported strong Q2 2026 results, with U.S. GAAP net revenues of $495.5 million, up 25% year-over-year and 4% sequentially. Net income attributable to Piper Sandler Companies was $67.8 million and diluted EPS was $0.95, both up 61% from Q2 2025. Pre-tax margin expanded to 20.3% from 12.3% a year earlier. On a non-GAAP basis, adjusted net revenues were $491.1 million, up 21% year-over-year, while adjusted net income was $74.5 million and adjusted diluted EPS was $1.04, up 41%, with an adjusted operating margin of 21.8%.
Growth was led by advisory and financing businesses. Advisory services revenues rose to $274.2 million, up 34% year-over-year and 9% sequentially, while municipal financing revenues reached $49.5 million, up 18% year-over-year and 107% sequentially; equity brokerage generated $62.9 million, up 8% year-over-year, and fixed income services produced $48.6 million, down 14%. Non-interest expenses were $395.1 million, up 14% year-over-year, but the compensation ratio improved to 62.3% from 65.1%, and non-compensation expenses fell 4%. First-half 2026 net revenues were $969.9 million, up 29% year-over-year, which management described as the best first-half revenues on record. The board declared a quarterly dividend of $0.20 per share, and capital returns in the first half totaled $215 million, including $114.6 million of dividends and $100.9 million of share repurchases (1.3 million shares).
Piper Sandler Companies reported the results of its annual shareholder meeting held on May 20, 2026. Shareholders representing 59,916,900 common shares, or 84.07 percent of shares entitled to vote as of the record date, were present in person or by proxy.
All ten nominated directors, including Chad R. Abraham, Jonathan J. Doyle and Scott C. Taylor, were elected to one-year terms expiring at the 2027 annual meeting. Each director received over 53.9 million votes in favor, with broker non-votes of 4,188,050 for each seat.
Shareholders also approved the ratification of Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2026, with 58,666,911 votes for and 1,165,687 against. In an advisory say-on-pay vote, shareholders approved the executive compensation program, with 55,063,759 votes for and 534,421 against, plus 4,188,050 broker non-votes.
Piper Sandler Companies reported record first quarter 2026 net revenues of $474.4 million, up 33% from a year earlier but down 29% from the record fourth quarter of 2025. U.S. GAAP net income attributable to the company was $65.2 million, or $0.92 per diluted share, essentially flat versus $0.91 a year ago.
Adjusted net revenues were $469.5 million, up 22% year-over-year, with adjusted earnings of $1.00 per diluted share, slightly below $1.02 in the prior-year quarter. Corporate investment banking and equity brokerage both delivered record first quarter revenues, while municipal financing softened.
Results included $8.5 million of litigation-related expenses, reducing diluted EPS by $0.08 and adjusted EPS by $0.09. The company increased its quarterly dividend by 14% to $0.20 per share, following a four-for-one stock split in March, and returned $171 million to shareholders through dividends and repurchases of 0.9 million shares at an average price of $79.08.
Piper Sandler Companies approved and implemented a four-for-one forward stock split of its common stock, keeping the $0.01 par value unchanged. At the same time, the company increased its authorized common shares from 100,000,000 to 400,000,000 through an amendment to its certificate of incorporation.
The amendment became effective at 4:30 p.m. Eastern Time on March 23, 2026, and trading in the split-adjusted shares is expected to begin on March 24, 2026. The stock will trade under a new CUSIP number, 724078209, and existing Form S-8 registrations are proportionately adjusted under Rule 416(b).
Piper Sandler Companies reported a record fourth quarter and a strong full year 2025, driven mainly by advisory and investment banking. Net revenues reached $666.1 million in Q4, up 39% from Q3 and 38% from a year earlier. For 2025, net revenues were $1.90 billion, a 24% increase.
Full-year net income attributable to Piper Sandler rose to $281.3 million, with diluted EPS of $15.82, up 54% from 2024. On an adjusted basis, 2025 net income was $318.1 million and adjusted diluted EPS $17.74, both significantly higher than the prior year.
The board declared a $5.00 per-share special dividend and a regular quarterly dividend of $0.70, bringing the total 2025 dividend to $7.70 per share, or 43% of adjusted net income. The company returned $239 million to shareholders in 2025 through dividends and share repurchases.
Piper Sandler also approved a four-for-one forward stock split of its common stock. The amendment to increase authorized shares and effect the split is expected to be effective at 4:30 p.m. Eastern Time on March 23, 2026, with trading on a split-adjusted basis beginning March 24, 2026.
Piper Sandler Companies appointed Stuart M. Essig to its Board of Directors effective February 4, 2026, for an initial term ending at the 2026 annual meeting of shareholders. His election increases the Board size from nine to ten directors, and he will serve on the Audit Committee.
Essig previously served as chief executive officer of Integra LifeSciences Corporation from 1997 to 2012 and has been chairman of its board since 2012, including as executive chairman from 2024 to 2025. He is also a director of IDEXX Laboratories. For his Board service in 2026, he will receive a prorated $100,000 cash retainer, a $60,000 initial equity grant, and a $150,000 annual equity grant after the 2026 annual shareholders’ meeting.
Piper Sandler Companies reported that it released financial results for its third fiscal quarter ended September 30, 2025. The company furnished a press release dated October 31, 2025 as Exhibit 99, providing the detailed results. This disclosure was made under Item 2.02, Results of Operations and Financial Condition, and Item 9.01, Financial Statements and Exhibits.
The filing is an administrative update signaling that quarterly results are available through the attached press release. The document was signed by the Chief Financial Officer, Katherine P. Clune.