{"schema_version":"secwatch.filing_event.v1","accession":"0001230245-22-000135","form_type":"8-K","ticker":"PIPR","cik":"0001230245","company_name":"PIPER SANDLER COMPANIES","filed_at":"2022-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.887828+00:00","generated_at":"2026-06-22T22:25:51.822392+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Piper Sandler Q3 net revenues -26% YoY to $331.8M; adj. EPS $2.32 vs. $4.55","bullets":["GAAP net income $14.5M ($0.87 diluted EPS) vs. $45.7M ($2.68) in Q3 2021.","Investment banking revenues $241.4M, -28% YoY; corporate financing down 49%.","Equity brokerage revenue of $52.7M set quarterly record, up 55% YoY.","Closed DBO Partners acquisition in October, adding 7 managing directors to tech banking.","Quarterly dividend declared $0.60/share, payable Dec 9, 2022 to holders of record Nov 23."],"urls":{"canonical":"https://secwatch.observer/filing/0001230245-22-000135","json":"https://secwatch.observer/filing/0001230245-22-000135.json","markdown":"https://secwatch.observer/filing/0001230245-22-000135.md","text":"https://secwatch.observer/filing/0001230245-22-000135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1230245/000123024522000135/0001230245-22-000135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1230245/000123024522000135/pipr-20221028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:25:51.822392+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf7bbdbefa53b93b14c4c4e4e33c5f2ad27cd7e2","claim":"PIPER SANDLER COMPANIES reported third quarter of 2022 results: revenue $331.8, net income $14.5, EPS $0.87.","evidence_excerpt":"U.S. GAAP Adjusted (1) (Dollars in millions, except per share data) Q3 vs. vs. Q3 vs. vs. 2022 Q2-22 Q3-21 2022 Q2-22 Q3-21 Net revenues $331.8 -6 % -26 % $335.4 -3 % -24 % Pre-tax margin 5.7 % -4.9pp -11.3pp 17.3 % -0.2pp -9.0pp Net income applicable to Piper Sandler Companies $14.5 -32 % -68 % $40.9 -7 % -51 % Earnings per diluted common share $0.87 -31 % -68 % $2.32 -6 % -49 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1230245/000123024522000135/0001230245-22-000135-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2022"},{"label":"Revenue","value":"$331.8"},{"label":"Net income","value":"$14.5"},{"label":"EPS","value":"$0.87"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}