Piper Sandler Cos

Piper Sandler Cos. engages in the provision of investment banking and institutional securities services. It offers financial advisory services, equity and debt capital markets products, public finance services, equity research and institutional brokerage, fixed income services, and private equity strategies. The company was founded in 1895 and is headquartered in Minneapolis, MN.

Earnings data Q1 2021

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Piper Sandler Cos reports strong Q4 earnings, eyes tech growth

Piper Sandler Cos navigated a mix of successes and challenges in Q4 2022, focusing on growth and cost management. The company aims to leverage acquisitions for expansion and sees potential in technology despite market conditions. Uncertainty in fixed income trading poses a challenge for future performance.

Piper Sandler reports resilient Q1 earnings amidst market challenges

Piper Sandler's Q1 2023 performance reflects resilience and strategic focus, with solid financial results and a commitment to shareholder value through buybacks and dividends.
While facing challenges in certain segments like corporate investment banking and fixed income, the company's strengths in restructuring and equity brokerage business showcase its diversified capabilities.
To drive future growth, Piper Sandler should address challenges in specific segments, capitalize on acquisition opportunities, and enhance its advisory services to navigate market uncertainties effectively.

Piper Sandler faces market challenges, focuses on efficiency and growth

Piper Sandler navigated challenging market conditions in Q2 2023, with varied performance across segments and a focus on cost efficiency.
Strategic additions in key areas and commitment to enhancing shareholder value through capital allocation were notable strengths.
While facing challenges in advisory services and revenue declines in some segments, opportunities for growth and efficiency improvements were identified.

Piper Sandler reports robust Q3 performance amid market challenges

Piper Sandler delivered a strong performance in Q3 2023, showcasing resilience and strategic financial management amidst challenging market conditions. The company's diversified revenue streams and effective leadership transition were key highlights.
While facing market challenges, Piper Sandler demonstrated strength in key sectors like corporate investment banking, advisory services, and fixed income brokerage. Addressing market uncertainties and seizing growth opportunities will be critical for future success.
Opportunities for growth lie in expanding service offerings, enhancing revenue diversification, and navigating market dynamics effectively. Piper Sandler's focus on strategic financial management positions it well for future growth and market leadership.

Piper Sandler reports robust 2023 results, eyes growth opportunities

Piper Sandler's strong financial performance in 2023 was marked by record revenues, debt repayment, and shareholder returns. The company's strategic focus on growing corporate investment banking revenues and managing headcount growth positions it well for future success.

Piper Sandler excels in Q2 2024, eyes growth amid challenges

Piper Sandler's strong Q2 performance, driven by robust revenues in key segments, reflects the company's resilience and strategic focus on growth and shareholder value
While facing challenges in Fixed Income and market uncertainties, Piper Sandler's diversified revenue streams and operational initiatives position it well for future opportunities
With a positive outlook for key business segments and a commitment to enhancing market positioning, Piper Sandler remains poised for continued success and expansion
Strategic acquisitions, investments in technology, and a focus on client-centric services underscore Piper Sandler's proactive approach to navigating industry dynamics

Piper Sandler reports robust Q3 earnings, eyes growth opportunities ahead

Piper Sandler delivered a solid performance in Q3 2024, showcasing revenue growth, operational efficiency, and shareholder value enhancement.
While facing challenges in certain segments, the company's strengths in key areas position it well for future growth and market opportunities.
By addressing challenges, leveraging opportunities, and maintaining financial discipline, Piper Sandler can navigate market dynamics effectively.
Overall, Piper Sandler's Q3 results reflect a resilient business model and strategic focus on driving sustainable growth and value creation.

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LONDON--(BUSINESS WIRE)--Apse Capital Announces Closing of €350 Million Continuation Fund Led by J.P.Morgan Asset Management.

Apse Capital Announces Closing of €350 Million Continuation Fund Led by J.P. Morgan Asset Management

NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill B.

Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Piper Sandler Companies (NYSE: PIPR), a leading investment bank, and BC Partners Credit, the $8 billion credit arm of international investment firm BC Partners, today announced a strategic alliance. The alliance, which leverages the expertise and broad networks of Piper Sandler's Financial Services Debt Capital Markets team and BC Partners Credit, paves the way for Piper Sandler's clients across the financial services sector to best access the debt capital markets with customized structures and financing solutions as they grow their businesses.

Piper Sandler and BC Partners Credit Announce Strategic Alliance

NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Derek Podhaizer as a director and senior research analyst to its energy equity research team. Podhaizer will focus his coverage on the oilfield services sector and be based in the New York office. “We are pleased to welcome Derek to the team. Oilfield services is a strategic focus for Piper Sandler and we are proud to be one of few firms who have this dedicated cove.

Piper Sandler Expands Energy Equity Research with the Addition of Derek Podhaizer

Piper Sandler Companies (PIPR) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $1.76 per share a year ago.

Piper Sandler Companies (PIPR) Beats Q3 Earnings Estimates

Piper Sandler Companies (NYSE:PIPR ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Kate Winslow - Investor Relations Chad Abraham - Chairman and CEO Deb Schoneman - President Kate Clune - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Brendan O'Brien - Wolfe Research Devin Ryan - Citizens JMP Mike Grondahl - Northland Securities Operator Good morning. And welcome to the Piper Sandler Companies' Third Quarter 2024 Earnings Conference Call.

Piper Sandler Companies (PIPR) Q3 2024 Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--The complete earnings release can be found on the firm's website at pipersandler.com/earnings.

Piper Sandler Companies Reports Third Quarter 2024 Results; Declares Quarterly Dividend of $0.65 Per Share

NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Brian Vescio as a managing director and head of structured products trading to the fixed income team. He will be based in the New York office. “We are excited to welcome Brian back to Piper Sandler to lead our structured product trading effort. Brian knows our client base well given the four years he previously spent with us and is the perfect person to step into th.

Piper Sandler Bolsters Fixed Income Team with the Addition of Brian Vescio

MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler Companies to Announce Third Quarter 2024 Financial Results and Host a Conference Call on October 25, 2024.

Piper Sandler Companies to Announce Third Quarter 2024 Financial Results and Host a Conference Call on October 25, 2024

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, completes its 48th semi-annual Taking Stock With Teens® survey in partnership with DECA. The Piper Sandler equity research team now has more than 63 million data points around teen preferences and spending in the 24 plus years of researching teens. To see the full list of key findings, view the report summary and request the full survey report, visit pipersandler.com/teens. “Piper Sandler is excited t.

Piper Sandler Completes 48th Semi-Annual Taking Stock With Teens® Survey

Hormel Foods

AUSTIN, Minn. , Sept. 23, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Debbra Schoneman, president of Piper Sandler Companies, has been elected to the Hormel Foods Board of Directors, effective September 21, 2024.

Hormel Foods Elects New Member to its Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Ann Gallo to its board of directors. Most recently, Gallo was a senior managing director and partner at Wellington Management Company, LLP, as well as the investment team leader of Wellington's healthcare team, which managed over $60 billion in assets during her tenure. As a healthcare industry analyst and portfolio manager, Gallo researched healthcare services a.

Piper Sandler Companies Elects Ann Gallo to Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Steve Tipler as a managing director in the financial sponsors group. He will be based in the Minneapolis office. “We are excited to have Steve join our growing team. His wealth of transaction experience and network of relationships within the middle market private equity ecosystem is unmatched. We are confident Steve will play a key role in driving more opportuni.

Piper Sandler Strengthens Financial Sponsors Group with the Addition of Steve Tipler

Interactive Brokers

Stifel Financial

Interactive Brokers and other financial stocks are in bases. And investment banks have turned the corner with big earnings growth estimates.

This Top Industry Group Is Loaded With Stocks In Bullish Chart Patterns

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the additions of Joe Kinder and Brent Blevins as managing directors to its public finance team. Kinder and Blevins bring over 20 years of combined experience to the platform and will both focus on Missouri school districts and other governmental issuers. They will co-head the Missouri public finance business. “We are excited to have Joe and Brent join the Piper Sandler team. The.

Piper Sandler Strengthens Public Finance Team with the Additions of Joe Kinder and Brent Blevins

WEST VALLEY CITY, Utah , Sept. 9, 2024 /PRNewswire/ -- Scientia Vascular, a leader in neurovascular innovation, is pleased to announce the closing of a $14 million growth financing led by Piper Sandler Merchant Banking.

Scientia Vascular Announces $14 Million Growth Financing Led by Piper Sandler Merchant Banking

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is excited to announce the hiring of David Hunker as managing director and global head of activist defense and shareholder engagement within its investment banking platform. Hunker brings 18 years of experience in investment banking and shareholder activism defense to Piper Sandler. “We are thrilled to welcome David to the firm. He has a proven track record of building shareholder activism defense pra.

Piper Sandler Appoints David Hunker as Global Head of Activist Defense and Shareholder Engagement

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Jeff Chen as a managing director to its chemicals investment banking team. “We are thrilled to welcome Jeff to Piper Sandler. Over the course of his career, he has become one of the most trusted advisors to the chemicals industry. Jeff's addition to our platform will help continue to drive growth in our market-leading chemicals practice,” said Mike Dillahunt, glo.

Piper Sandler Bolsters Chemicals Investment Banking Team with the Addition of Jeff Chen

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors. The firm was co-founded by Ryan Schlitt and John Robertshaw, who have more than 50 years of combined experience as senior management members of.

Piper Sandler Completes Acquisition of Aviditi Advisors

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that its board of directors has approved the grant of equity awards under the Piper Sandler Companies 2024 employment inducement award plan (the “Inducement Plan”) in connection with the firm's pending acquisition of Aviditi Capital Advisors, LLC (“Aviditi Advisors”). Under the terms of the acquisition, Piper Sandler will grant up to $12.4 million payable in restricted shares of Piper.

Piper Sandler Announces Grants of Inducement Equity Awards

Evercore

Lazard

US boutique bank stocks are doing well this year as signs show that deal-making is coming back to life. Piper Sandler (PIPR) stock's total return this year stood at 50.50% on August 15 while Evercore (EVR) and Lazard (LAZ) rose by almost 50%.

Evercore, Lazard, Piper Sandler stocks rise as deals recover

Piper Sandler (PIPR) agrees to pay $16 million in civil penalties to U.S. regulators to settle probes into its record-keeping practices.

Piper Sandler (PIPR) to Pay $16M Fine for Record-Keeping Lapses

Dave

Upstart Holdings

The Federal Reserve appears set to begin cutting interest rates in September. In fact, the cuts may be rather aggressive, with some traders starting to bet on 50 rather than 25 basis point cuts to try to support the job market.

3 Financial Stocks to Sell in August Before They Crash & Burn

Piper Sandler Companies (NYSE:PIPR ) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Kate Winslow - Investor Relations Chad Abraham - Chairman and Chief Executive Officer Deb Schoneman - President Kate Clune - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Devin Ryan - Citizens JMP Brendan O'Brien - Wolfe Research Mike Grondahl - Northland Securities James Yaro - Goldman Sachs Operator Good morning, and welcome to the Piper Sandler Company's Second Quarter 2024 Earnings Conference Call. Today's call is being recorded and will include remarks by Piper Sandler management, followed by a question-and-answer session.

Piper Sandler Companies (PIPR) Q2 2024 Earnings Call Transcript

Piper Sandler Companies (PIPR) came out with quarterly earnings of $2.52 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $1.13 per share a year ago.

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