secwatch.observer — SEC 8-K summary
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Issuer:     PIPER SANDLER COMPANIES (PIPR)
CIK:        0001230245
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001230245-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1230245/000123024522000008/0001230245-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1230245/000123024522000008/pipr-20220210.htm
  HTML page:      https://secwatch.observer/filing/0001230245-22-000008

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