{"schema_version":"secwatch.filing_event.v1","accession":"0001230245-25-000132","form_type":"8-K","ticker":"PIPR","cik":"0001230245","company_name":"PIPER SANDLER COMPANIES","filed_at":"2025-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.527797+00:00","generated_at":"2026-05-17T21:46:08.578355+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Piper Sandler Q2 2025 EPS $2.38 GAAP ($2.95 adjusted); revenue up 17% YoY; dividend raised to $0.70","bullets":["GAAP net income $42M ($2.38 diluted EPS); adjusted net income $53M ($2.95 diluted EPS).","Net revenues GAAP $397M (+17% YoY); adjusted $405M (+14% YoY).","GAAP pre-tax margin 12.3%; adjusted pre-tax margin 18.1%.","Quarterly dividend increased to $0.70 per share (prior undisclosed).","CEO cites broad diversification and constructive market environment."],"urls":{"canonical":"https://secwatch.observer/filing/0001230245-25-000132","json":"https://secwatch.observer/filing/0001230245-25-000132.json","markdown":"https://secwatch.observer/filing/0001230245-25-000132.md","text":"https://secwatch.observer/filing/0001230245-25-000132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1230245/000123024525000132/0001230245-25-000132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1230245/000123024525000132/pipr-20250801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:46:08.578355+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}