← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

PIPR logoPiper Sandler Companies(PIPR)Earnings, Financials & Key Ratios

PIPR•NYSE•Banking & Credit
$80.40
$5.73B mkt cap·20.3× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryCapital MarketsSub-IndustryInvestment Banking and M&A Advisory
AboutPiper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors. In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities. Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.Show more
  • Net Interest Income$65M+139.9%
  • Total Revenue$1.9B+28.6%
  • Net Income$281M+55.3%
  • Return on Equity18.76%+40.7%
  • Net Interest Margin2.52%+108.7%
  • Efficiency Ratio73.36%-13.6%
  • ROA11.6%+40.9%
  • Equity / Assets61.05%-2.7%
  • Book Value per Share22.25+11.2%
  • Tangible BV/Share16.36+16.2%
  • Debt/Equity0.07+5.3%
Technical→

PIPR Key Insights

Piper Sandler Companies (PIPR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y profit CAGR of 47.3%
  • ✓Well capitalized: 61.0% equity/assets
  • ✓Diversified revenue: 96.3% from non-interest income

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PIPR Price & Volume

Piper Sandler Companies (PIPR) stock price & volume — 10-year historical chart

Loading chart...

PIPR Growth Metrics

Piper Sandler Companies (PIPR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.71%
5 Years9.75%
3 Years11.25%
TTM-

Profit CAGR

10 Years18.37%
5 Years47.35%
3 Years36.48%
TTM55.33%

EPS CAGR

10 Years16.84%
5 Years42.25%
3 Years34.43%
TTM54.7%

Return on Capital

10 Years8.47%
5 Years11.68%
3 Years10.81%
Last Year16.16%

PIPR Recent Earnings

Piper Sandler Companies (PIPR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 1, 2026
EPS
$1.00
Est $0.85
+17.6%
Revenue
$474M
Est $436M
+8.7%
Q1 2026
Feb 6, 2026
EPS
$1.72
Est $1.18
+45.8%
Revenue
$635M
Est $518M
+22.5%
Q4 2025
Oct 31, 2025
EPS
$3.82
Est $3.17
+20.5%
Revenue
$462M
Est $424M
+9.2%
Q3 2025
Aug 1, 2025
EPS
$2.95
Est $2.25
+31.1%
Revenue
$394M
Est $409M
-3.7%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 1, 2026
$1.00vs $0.85+17.6%
$474Mvs $436M+8.7%
Q1 2026Feb 6, 2026
$1.72vs $1.18+45.8%
$635Mvs $518M+22.5%
Q4 2025Oct 31, 2025
$3.82vs $3.17+20.5%
$462Mvs $424M+9.2%
Q3 2025Aug 1, 2025
$2.95vs $2.25+31.1%
$394Mvs $409M-3.7%
Based on last 12 quarters of dataView full earnings history →

PIPR Peer Comparison

Piper Sandler Companies (PIPR) competitors in Investment Banking and M&A Advisory — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MC logoMCMoelis & CompanyDirect Competitor4.66B63.4921.6026.98%15.36%37.88%11.58%0.39
PJT logoPJTPJT Partners Inc.Direct Competitor3.67B151.9222.7414.77%10.51%20.08%13.08%0.41
HLI logoHLIHoulihan Lokey, Inc.Direct Competitor10.31B150.1725.8024.81%16.73%19.52%7.85%0.20
LAZ logoLAZLazard LtdDirect Competitor4.24B45.1020.783.25%7.43%26.7%11.93%2.61
EVR logoEVREvercore Inc.Direct Competitor12.92B326.1723.2129.49%15.26%29.32%9.15%0.50
PWP logoPWPPerella Weinberg PartnersDirect Competitor1.98B19.5635.56-14.48%4.72%16.26%1.54%1.36
SF logoSFStifel Financial Corp.Product Competitor12.03B77.7513.226.94%10.86%11.96%9.98%0.36
RJF logoRJFRaymond James Financial, Inc.Product Competitor31.31B158.8715.427.94%13.42%16.36%7.17%0.36

Compare PIPR vs Peers

Piper Sandler Companies (PIPR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MC

Most directly comparable listed peer for PIPR.

Scale Benchmark

vs MS

Larger-name benchmark to compare PIPR against a more recognizable public peer.

Peer Set

Compare Top 5

vs MC, PJT, HLI, LAZ

PIPR Income Statement

Piper Sandler Companies (PIPR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income11.69M16.2M15.01M-1.28M-3.77M10.88M16.58M27.23M65.31M
NII Growth %10.78%38.61%-7.35%-108.54%-194.07%388.96%52.29%64.25%139.88%
Net Interest Margin %0.58%1.2%0.92%-0.06%-0.15%0.5%0.77%1.21%2.52%
Interest Income31.95M32.75M26.74M13.16M6.97M20.36M26.72M32.91M70.15M
Interest Expense20.27M16.55M11.73M14.45M10.73M9.48M10.15M5.68M4.84M
Loan Loss Provision00000000116.92M
Non-Interest Income803.77M691.62M783.55M1.18B1.98B1.36B1.28B1.45B1.83B
Non-Interest Income %96.18%95.48%96.7%98.9%99.65%98.53%97.96%97.78%96.32%
Total Revenue
835.72M▲ 0%
724.37M▼ 13.3%
810.29M▲ 11.9%
1.2B▲ 47.6%
1.98B▲ 65.8%
1.38B▼ 30.2%
1.31B▼ 5.3%
1.48B▲ 13.1%
1.9B▲ 28.6%
Revenue Growth %9.64%-13.32%11.86%47.56%65.8%-30.23%-5.29%13.08%28.55%
Non-Interest Expense736.14M635.33M679.58M1.11B1.53B1.24B1.18B1.26B1.4B
Efficiency Ratio88.08%87.71%83.87%93.06%77.19%89.6%89.87%84.87%73.36%
Operating Income
79.32M▲ 0%
72.49M▼ 8.6%
118.98M▲ 64.1%
68.55M▼ 42.4%
441.51M▲ 544.1%
134.37M▼ 69.6%
122.59M▼ 8.8%
218.41M▲ 78.2%
385.53M▲ 76.5%
Operating Margin %9.49%10.01%14.68%5.73%22.27%9.72%9.36%14.74%20.25%
Operating Income Growth %356.9%-8.61%64.13%-42.39%544.09%-69.57%-8.77%78.17%76.52%
Pretax Income
79.32M▲ 0%
72.49M▼ 8.6%
118.98M▲ 64.1%
68.55M▼ 42.4%
441.51M▲ 544.1%
134.37M▼ 69.6%
122.59M▼ 8.8%
218.41M▲ 78.2%
374.55M▲ 71.5%
Pretax Margin %9.49%10.01%14.68%5.73%22.27%9.72%9.36%14.74%19.67%
Income Tax53.81M18.05M24.58M19.19M111.14M33.19M23.61M60.97M80.58M
Effective Tax Rate %67.84%24.89%20.66%28%25.17%24.7%19.26%27.92%21.51%
Net Income
-61.94M▲ 0%
57.04M▲ 192.1%
111.71M▲ 95.9%
40.5M▼ 63.7%
278.51M▲ 587.6%
110.67M▼ 60.3%
85.49M▼ 22.8%
181.11M▲ 111.9%
281.33M▲ 55.3%
Net Margin %-7.41%7.87%13.79%3.39%14.05%8%6.53%12.23%14.77%
Net Income Growth %-182.16%192.08%95.86%-63.74%587.62%-60.26%-22.75%111.85%55.33%
Net Income (Continuing)25.51M54.44M94.4M49.36M330.37M101.18M98.97M157.44M293.96M
EPS (Diluted)
-1.27▲ 0%
0.93▲ 173.4%
1.93▲ 107.0%
0.68▼ 64.7%
4.11▲ 504.0%
1.63▼ 60.3%
1.24▼ 23.9%
2.56▲ 106.5%
3.96▲ 54.7%
EPS Growth %-193.06%173.37%106.99%-64.68%504.04%-60.32%-23.93%106.45%54.69%
EPS (Basic)-1.270.951.370.744.881.981.432.864.22
Diluted Shares Outstanding51.23M53.7M55.75M59.6M67.82M67.86M68.9M70.78M71.14M

PIPR Balance Sheet

Piper Sandler Companies (PIPR) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments33.79M50.36M250.02M507.94M970.97M365.62M383.1M482.83M809.41M
Cash & Due from Banks33.79M50.36M250.02M507.94M970.97M365.62M383.1M482.83M809.41M
Short Term Investments000000000
Total Investments839.54M631.76M597.46M459.55M494.51M646.37M666.66M678.67M818.16M
Investments Growth %32.7%-24.75%-5.43%-23.08%7.61%30.71%3.14%1.8%20.55%
Long-Term Investments839.54M631.76M597.46M459.55M494.51M646.37M666.66M678.67M818.16M
Accounts Receivables27.86M23.23M21.55M38.84M51.4M42.65M27.77M97.18M87.86M
Goodwill & Intangibles104.69M94.23M104.33M377.37M347.29M436.79M417.96M419.53M418.86M
Goodwill81.86M81.86M87.65M227.51M227.51M301.15M301.76M312.02M319.26M
Intangible Assets22.83M12.37M16.69M149.86M119.78M135.64M116.2M107.5M99.6M
PP&E (Net)25.18M32.62M69.88M126.36M123.1M155.95M130.16M126.02M141.33M
Other Assets920.27M434.44M220.99M146.79M146.72M16.55M333.58M-702.74M133.24M
Total Current Assets33.79M50.36M568.02M782.85M1.3B734.9M383.1M834.01M924.94M
Total Non-Current Assets1.99B1.29B1.06B1.21B1.27B1.45B1.76B707.13M1.67B
Total Assets
2.02B▲ 0%
1.35B▼ 33.6%
1.63B▲ 21.1%
2B▲ 22.6%
2.57B▲ 28.4%
2.18B▼ 15.0%
2.14B▼ 1.9%
2.26B▲ 5.4%
2.59B▲ 14.9%
Asset Growth %-4.74%-33.56%21.07%22.62%28.45%-14.96%-1.86%5.37%14.93%
Return on Assets (ROA)-2.98%3.38%7.51%2.23%12.21%4.66%3.96%8.24%11.6%
Accounts Payable19.39M8.66M7.51M18.59M13.25M4.62M979K5.86M22.36M
Total Debt414.94M49.95M282.15M294.48M214.63M234.77M164.16M98.82M116.35M
Net Debt381.14M-411K32.13M-213.46M-756.34M-130.85M-218.93M-384.01M-693.06M
Long-Term Debt125M0175M195M125M125M40.44M00
Short-Term Debt289.94M49.95M49.98M00030M10M15M
Other Liabilities-125M0532.53M757.99M986.11M632.45M572.01M715.13M867.84M
Total Current Liabilities916.41M617.87M57.49M18.59M137.72M60.31M135.33M36.22M40.66M
Total Non-Current Liabilities414.94M49.95M764.7M1.05B1.2B867.22M706.18M803.95M969.2M
Total Liabilities1.28B614.85M822.19M1.07B1.34B927.53M841.51M840.16M1.01B
Total Equity
741.24M▲ 0%
730.42M▼ 1.5%
806.53M▲ 10.4%
926.08M▲ 14.8%
1.23B▲ 32.5%
1.25B▲ 2.2%
1.3B▲ 3.6%
1.42B▲ 8.9%
1.58B▲ 11.8%
Equity Growth %-9.19%-1.46%10.42%14.82%32.48%2.21%3.62%8.95%11.8%
Equity / Assets (Capital Ratio)36.61%54.3%49.52%46.37%47.82%57.48%60.7%62.76%61.05%
Return on Equity (ROE)-7.95%7.75%14.54%4.68%25.87%8.92%6.7%13.34%18.76%
Book Value per Share14.4713.6014.4715.5418.0918.4818.8620.0022.25
Tangible BV per Share12.4311.8512.609.2112.9712.0412.7914.0816.36
Common Stock195K195K195K195K195K195K195K195K195K
Additional Paid-in Capital791.97M796.36M757.67M847.78M925.39M1.04B988.14M981.72M957.73M
Retained Earnings176.27M182.55M258.67M271M450.17M453.31M454.36M561.75M728.93M
Accumulated OCI-1.28M-1.4M-872K-197K-964K-2.5M-894K-1.18M2.73M
Treasury Stock-273.82M-300.27M-284.38M-289.36M-312.57M-441.65M-356.3M-314.66M-318.58M
Preferred Stock279K398K0000000

PIPR Cash Flow Statement

Piper Sandler Companies (PIPR) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations232.12M509.85M67.8M779.76M707.09M-224.91M275.63M313.25M732.19M
Operating CF Growth %375.83%119.65%-86.7%1050.13%-9.32%-131.81%222.55%13.65%133.74%
Net Income-59.55M55.83M118.17M49.36M330.37M101.18M98.97M157.44M281.33M
Depreciation & Amortization22.65M18.82M19.12M55.43M42.71M31.01M37.37M27.07M27.39M
Deferred Taxes-3.37M-652K11.32M-36.18M-53.98M-32.8M11.43M17.62M0
Other Non-Cash Items121.1M5.14M-28.39M3.54M9.51M9.32M10.82M16.64M167.36M
Working Capital Changes82.34M386.38M-84.44M585.94M207.04M-464.82M23.27M-8.88M256.12M
Cash from Investing-7.99M-15.8M26.69M-435M-20.58M-127.1M-10.05M-31.77M-178.01M
Purchase of Investments00000000-145.57M
Sale/Maturity of Investments0000000011.21M
Net Investment Activity00000000-134.36M
Acquisitions0033.21M-417.41M0-96.5M0-16.27M-8.99M
Other Investing000000000
Cash from Financing-233.12M-476.77M104.66M-87.56M-223.12M-250.06M-249.59M-180.61M-229.94M
Dividends Paid-18.95M-47.16M-35.59M-28.17M-99.35M-107.53M-84.44M-73.73M-114.15M
Share Repurchases-25.48M-70.9M-50.58M-21.96M-69.9M-187.33M-70.68M-66.43M-125.04M
Stock Issued000000004.25M
Net Stock Activity-25.48M-70.9M-50.58M-21.96M-69.9M-187.33M-70.68M-66.43M-120.8M
Debt Issuance (Net)-1000K-1000K1000K-1000K-1000K0-1000K-1000K1000K
Other Financing-9.8M6.28M15.81M12.56M16.13M44.8M538K-3.12M0
Net Change in Cash
-7.57M▲ 0%
16.57M▲ 319.0%
199.65M▲ 1104.8%
257.92M▲ 29.2%
463.03M▲ 79.5%
-605.34M▼ 230.7%
17.47M▲ 102.9%
99.74M▲ 470.8%
326.58M▲ 227.4%
Exchange Rate Effect1.53M-651K508K702K-363K-3.27M1.48M-1.14M2.34M
Cash at Beginning41.36M33.79M50.36M250.02M507.94M970.97M365.62M383.1M482.83M
Cash at End33.79M50.36M250.02M507.94M970.97M365.62M383.1M482.83M809.41M
Interest Paid19.92M17.13M12.04M14.48M10.78M9.48M10.16M5.69M0
Income Taxes Paid31.89M17.13M9.58M28.89M165.91M85.43M19.45M10.91M0
Free Cash Flow
224.02M▲ 0%
493.99M▲ 120.5%
61.28M▼ 87.6%
762.18M▲ 1143.7%
686.51M▼ 9.9%
-255.51M▼ 137.2%
265.58M▲ 203.9%
297.76M▲ 12.1%
697.53M▲ 134.3%
FCF Growth %493.2%120.51%-87.59%1143.73%-9.93%-137.22%203.94%12.12%134.26%

PIPR Banking Ratios

Piper Sandler Companies (PIPR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-2.66%-7.95%7.75%14.54%4.68%25.87%8.92%6.7%13.34%18.76%
Return on Assets (ROA)-1.03%-2.98%3.38%7.51%2.23%12.21%4.66%3.96%8.24%11.6%
Net Interest Margin0.5%0.58%1.2%0.92%-0.06%-0.15%0.5%0.77%1.21%2.52%
Efficiency Ratio101.1%88.08%87.71%83.87%93.06%77.19%89.6%89.87%84.87%73.36%
Equity / Assets38.4%36.61%54.3%49.52%46.37%47.82%57.48%60.7%62.76%61.05%
Book Value / Share15.9714.4713.614.4715.5418.0918.4818.862022.25
NII Growth-41.9%10.78%38.61%-7.35%-108.54%-194.07%388.96%52.29%64.25%139.88%
Dividend Payout--82.68%31.86%69.55%35.67%97.16%98.78%40.71%40.57%

PIPR SEC Filings & Documents

Piper Sandler Companies (PIPR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 23, 2026·SEC

Material company update

Feb 6, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 8, 2025·SEC

PIPR Frequently Asked Questions

Piper Sandler Companies (PIPR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Piper Sandler Companies (PIPR) grew revenue by 28.6% over the past year. This is strong growth.

Yes, Piper Sandler Companies (PIPR) is profitable, generating $281.3M in net income for fiscal year 2025 (14.8% net margin).

Dividend & Returns

Yes, Piper Sandler Companies (PIPR) pays a dividend with a yield of 2.00%. This makes it attractive for income-focused investors.

Piper Sandler Companies (PIPR) has a return on equity (ROE) of 18.8%. This is reasonable for most industries.

Industry Metrics

Piper Sandler Companies (PIPR) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

Piper Sandler Companies (PIPR) has an efficiency ratio of 73.4%. This is higher than peers, suggesting room for cost optimization.

Explore More PIPR

Piper Sandler Companies (PIPR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.