earnings
confidence high
sentiment positive
materiality 0.85
Piper Sandler reports record Q4 net revenues $648M; declares special $4.50 dividend
PIPER SANDLER COMPANIES
2021-FY EPS reported
$16.43
revenue$2,041,795,000
- Q4 net revenues $648.2M (+60% YoY); full-year net revenues $2.03B (+64% YoY).
- Q4 GAAP EPS $6.54, adjusted EPS $7.84; full-year GAAP EPS $16.43, adjusted $21.92.
- Advisory services full-year revenues exceed $1B for first time, up 131% to $1.03B.
- Special dividend of $4.50/share and quarterly dividend raised to $0.60/share, payable March 11.
- Completed Cornerstone Macro acquisition Feb 4; announced Stamford Partners LLP deal expected H1 2022.