secwatch.observer — SEC 8-K summary
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Issuer:     PIPER SANDLER COMPANIES (PIPR)
CIK:        0001230245
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001230245-26-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Piper Sandler reports record Q4 revenue $666M; 4-for-1 stock split, special dividend $5
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- Q4 GAAP net revenue $666M (+38% YoY); adjusted net revenue $635M (+27% YoY).
- GAAP diluted EPS $6.40 (up 66% YoY); adjusted diluted EPS $6.88 (up 43% YoY).
- Full year 2025 net revenue $1.899B (+24% YoY); net income $281M (+55% YoY).
- Board approves 4-for-1 stock split, effective March 23, 2026; split-adjusted trading starts March 24.
- Declares special dividend of $5.00 per share and quarterly dividend of $0.70 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1230245/000123024526000008/0001230245-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1230245/000123024526000008/pipr-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001230245-26-000008

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