{"schema_version":"secwatch.filing_event.v1","accession":"0001230245-26-000019","form_type":"8-K","ticker":"PIPR","cik":"0001230245","company_name":"PIPER SANDLER COMPANIES","filed_at":"2026-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.056318+00:00","generated_at":"2026-05-15T00:14:38.726564+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 Q1 adj. EPS $1.00; revenue down 33% QoQ but up 22% YoY; dividend raised to $0.20","bullets":["Q1 GAAP net revenues $474M, down 29% QoQ but up 33% YoY; adjusted net revenues $470M, down 26% QoQ, up 22% YoY.","GAAP net income $65M ($0.92 diluted EPS); adjusted net income $72M ($1.00 diluted EPS).","Corporate investment banking revenue grew 30% YoY, driving record first-quarter revenues.","Quarterly dividend increased to $0.20 per share (up from $0.18 prior quarter).","Pre-tax margin: GAAP 18.5%, adjusted 20.0%."],"urls":{"canonical":"https://secwatch.observer/filing/0001230245-26-000019","json":"https://secwatch.observer/filing/0001230245-26-000019.json","markdown":"https://secwatch.observer/filing/0001230245-26-000019.md","text":"https://secwatch.observer/filing/0001230245-26-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1230245/000123024526000019/0001230245-26-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1230245/000123024526000019/pipr-20260501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:14:38.726564+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":"3728a0a3f2139c630e07648d173273eb1bae4400","claim":"PIPER SANDLER COMPANIES reported first fiscal quarter ended March 31, 2026 results: revenue $474 million, net income $65 million, EPS $0.92.","evidence_excerpt":"On May 1, 2026, Piper Sandler Companies (the \"Company\") reported its financial results for its first fiscal quarter ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1230245/000123024526000019/0001230245-26-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended March 31, 2026"},{"label":"Revenue","value":"$474 million"},{"label":"Net income","value":"$65 million"},{"label":"EPS","value":"$0.92"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}