---
schema_version: "secwatch.filing_event.v1"
accession: "0001230245-22-000008"
form_type: "8-K"
ticker: "PIPR"
cik: "0001230245"
company_name: "PIPER SANDLER COMPANIES"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:03:54.750717+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Piper Sandler reports record Q4 net revenues $648M; declares special $4.50 dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0001230245-22-000008
- form_type: 8-K
- ticker: PIPR
- cik: 0001230245
- company_name: PIPER SANDLER COMPANIES
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1230245/000123024522000008/0001230245-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1230245/000123024522000008/pipr-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001230245-22-000008
- JSON: https://secwatch.observer/filing/0001230245-22-000008.json
- Plain text: https://secwatch.observer/filing/0001230245-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.