Every material Form 8-K Piper Sandler Companies filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Piper Sandler reported third-quarter 2026 U.S. GAAP net revenues of $443.0 million, down 8% from a year earlier and 11% from the second quarter, with diluted EPS of $0.78 versus $0.85 a year earlier. The company also declared a $0.20 quarterly dividend and authorized a new $200 million share repurchase program running through December 31, 2028, which gives shareholders a clearer view of capital returns.
Q3 2026 GAAP net revenues were $443.0 million, down 8% from Q3 2025 and 11% from Q2 2026; adjusted net revenues were $456.0 million, flat year over year.
Q3 2026 diluted EPS was $0.78 GAAP versus $0.85 in Q3 2025; adjusted diluted EPS was $0.87 versus $0.96.
Corporate investment banking generated record third-quarter revenues of $307 million, while investment income was a loss of $13.5 million.
The board declared a $0.20 per share quarterly dividend payable December 11, 2026, and authorized up to $200 million of share repurchases.
Piper Sandler Companies elected Wendy L. Schoppert as a director effective September 22, 2026, increasing the board from 10 to 11 members. She was also appointed to the Audit Committee, and her director pay includes a $100,000 pro-rated annual cash retainer and equity grants for the rest of fiscal 2026.
Schoppert, a former CFO of Sleep Number Corporation, will serve an initial term expiring at the 2027 annual shareholder meeting
Board size rose from 10 to 11 directors; she joins the Audit Committee
Director compensation: pro-rated $100,000 annual cash retainer, $60,000 initial equity grant, and pro-rated $150,000 annual equity grant
Piper Sandler reported second-quarter 2026 U.S. GAAP net revenues of $495.5 million, up 25% from a year earlier and 4% from the first quarter, with diluted earnings per share of $0.95 versus $0.59 a year ago. The company also declared a quarterly dividend of $0.20 per share, payable September 11, 2026, to holders of record on August 28, 2026. The filing gives no new full-year guidance, and the results are a routine quarterly update.
Q2 2026 net income attributable to Piper Sandler was $67.8 million, or $0.95 per diluted share, compared with $42.2 million, or $0.59, in Q2 2025.
Adjusted (non-GAAP) diluted EPS was $1.04, and adjusted net revenues were $491.1 million, up 21% from a year earlier.
Advisory services revenues were $274.2 million, up 34% year over year, and the company reported Q2 pre-tax margin of 20.3%.
The company returned $215 million to shareholders in the first half of 2026 through dividends and share repurchases.
Piper Sandler reported first-quarter 2026 net revenues of $474 million, up 33% from a year earlier and down 29% from the fourth quarter of 2025, and net income attributable to the company of $65 million, or $0.92 per diluted share, roughly flat with $0.91 a year earlier. The board also raised the quarterly cash dividend 14% to $0.20 per share, payable June 12, 2026 to holders of record on May 29, 2026.
Net revenues of $474 million, up 33% year over year and down 29% from Q4 2025
Diluted EPS of $0.92 versus $0.91 in Q1 2025 and $1.60 in Q4 2025; adjusted EPS was $1.00 versus $1.02 a year earlier
Advisory services revenues of $251 million, up 16% year over year; corporate financing revenues of $73 million, more than double the year-ago quarter
Quarterly dividend raised to $0.20 per share from the prior $0.175, payable June 12, 2026
Piper Sandler reported record fourth-quarter 2025 net revenues of $666 million, up 38% from a year earlier, and full-year net revenues of $1.9 billion, up 24%. The board also declared a $5.00 special dividend and a $0.70 quarterly dividend, and approved a four-for-one forward stock split, which takes effect March 23, 2026.
Q4 2025 net revenues of $666 million, up 38% from Q4 2024; GAAP diluted EPS of $6.40
Full-year 2025 net revenues of $1.9 billion, up 24%; GAAP diluted EPS of $15.82 versus $10.24 in 2024
Special dividend of $5.00 and quarterly dividend of $0.70 per share, payable March 13, 2026 to holders of record March 3, 2026
Four-for-one forward split effective 4:30 p.m. ET March 23, 2026; split-adjusted trading begins March 24, 2026
Piper Sandler Companies elected Stuart M. Essig as a director effective February 4, 2026, increasing the board from nine to ten members. He was also appointed to the Audit Committee, and the filing describes his prior roles as chief executive and chairman of Integra LifeSciences Corporation.
Essig's initial term expires at the 2026 annual shareholder meeting.
Essig joins the Audit Committee of the Board.
Under the 2026 non-employee director program, he receives a pro-rated $100,000 annual cash retainer, a $60,000 initial equity grant, and a $150,000 annual equity grant after the 2026 annual meeting.
The filing states Essig has no related person transactions with the Company.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Piper Sandler Companies filing is on SEC EDGAR ↗. 8-K briefs of other companies →