secwatch.observer — SEC 8-K summary
======================================

Issuer:     PIPER SANDLER COMPANIES (PIPR)
CIK:        0001230245
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001230245-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Piper Sandler Q4 net revenues $472M, EPS $3.00; declares special dividend $1.00 and quarterly dividend $0.60
--------------------------------------------------------------------------------

- Q4 GAAP net revenues $472M (up 21% YoY); GAAP diluted EPS $3.00.
- Full year GAAP net revenues $1.348B (-5% YoY); GAAP diluted EPS $4.96 (-24% YoY).
- Adjusted Q4 net revenues $457M, adjusted EPS $4.03; adjusted full year $1.330B, adjusted EPS $9.28.
- Advisory business generated 60% of Q4 net revenues; returned $155M to shareholders in 2023.
- Declared special dividend of $1.00/share and quarterly dividend of $0.60/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1230245/000123024524000014/0001230245-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1230245/000123024524000014/pipr-20240202.htm
  HTML page:      https://secwatch.observer/filing/0001230245-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer