---
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"
generated_at: "2026-06-03T06:18:12.937131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Piper Sandler Q1 GAAP EPS $2.43, adjusted $2.79; net revenue $343M, up 15% YoY; declares $0.60 dividend

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001230245-24-000077
- JSON: https://secwatch.observer/filing/0001230245-24-000077.json
- Plain text: https://secwatch.observer/filing/0001230245-24-000077.txt

## Key facts
- Earnings Releases
  PIPER SANDLER COMPANIES reported first fiscal quarter ended March 31, 2024 results: revenue $343, net income $42, EPS $2.43.
  - Period: first fiscal quarter ended March 31, 2024
  - Revenue: $343
  - Net income: $42
  - EPS: $2.43
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1230245/000123024524000077/0001230245-24-000077-index.htm

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