<p>Piper Sandler Companies reported its financial results for the fourth quarter (Q4) and full year (FY) 2025. Net revenues for Q4 2025 reached USD 666 million, marking a 39% increase from the previous quarter. For the full year 2025, net revenues totaled USD 1.90 billion, up 24% year-over-year. In Q4 2025, net income attributable to shareholders was USD 114 million under U.S. GAAP, an increase of 89% from the prior quarter. Adjusted net income for the quarter was USD 123 million, up 80%. Earnings per diluted common share for Q4 2025 were USD 6.40, an increase of 89%, while adjusted earnings per diluted common share were USD 6.88, up 80%. For FY 2025, the company reported net income of USD 281 million, up 55%, and adjusted net income of USD 318 million, up 39%. Full year earnings per diluted common share were USD 15.82, a 54% increase, and adjusted earnings per diluted common share were USD 17.74, up 40%. The company’s pre-tax margin for Q4 2025 was 28.3% under U.S. GAAP and 27.2% on an adjusted basis. Piper Sandler’s Board of Directors declared a special dividend of USD 5.00 per share and a quarterly dividend of USD 0.70 per share. The company also announced a four-for-one stock split to increase liquidity and broaden investor accessibility. Management highlighted record revenues in Q4 2025 and a strong performance from its advisory business as key drivers of growth, stating that the company is well-positioned for 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piper Sandler Companies published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

Piper Sandler Q4 net income attributable to shareholders rises to USD 114 million, up 89%