{"schema_version":"secwatch.filing_event.v1","accession":"0001230245-24-000077","form_type":"8-K","ticker":"PIPR","cik":"0001230245","company_name":"PIPER SANDLER COMPANIES","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.613475+00:00","generated_at":"2026-06-03T06:18:12.937131+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Piper Sandler Q1 GAAP EPS $2.43, adjusted $2.79; net revenue $343M, up 15% YoY; declares $0.60 dividend","bullets":["GAAP net income $42M, diluted EPS $2.43 vs $1.49 YoY; adjusted net income $50M, adjusted EPS $2.79.","Net revenue $343M GAAP ($334M adjusted), up 15% YoY; pre-tax margin 15.3% GAAP, 16.8% adjusted.","Returned $88M to shareholders via share repurchases and dividends in Q1.","Quarterly dividend declared at $0.60 per share, consistent with prior quarter.","CEO cited improvement in advisory and equity capital markets despite persistent headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001230245-24-000077","json":"https://secwatch.observer/filing/0001230245-24-000077.json","markdown":"https://secwatch.observer/filing/0001230245-24-000077.md","text":"https://secwatch.observer/filing/0001230245-24-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1230245/000123024524000077/0001230245-24-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1230245/000123024524000077/pipr-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:18:12.937131+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":"93621ef003c4c6a5e0cafa93b3bd19198887cc47","claim":"PIPER SANDLER COMPANIES reported first fiscal quarter ended March 31, 2024 results: revenue $343, net income $42, EPS $2.43.","evidence_excerpt":"dividends.\" First Quarter 2024 Results U.S. GAAP Adjusted (1) (Dollars in millions, except per share data) Q1 vs. vs. Q1 vs. vs. 2024 Q4-23 Q1-23 2024 Q4-23 Q1-23 Net revenues $343 -27 % 15 % $334 -27 % 15 % Pre-tax margin 15.3 % -2.9pp 6.6pp 16.8 % -4.9pp 2.7pp Net income attributable to Piper Sandler Companies $42 -18 % 66 % $50 -31 % 18 % Earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1230245/000123024524000077/0001230245-24-000077-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$343"},{"label":"Net income","value":"$42"},{"label":"EPS","value":"$2.43"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}