PIPER SANDLER COMPANIES
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Other Assets
NOTE 12| OTHER ASSETS
| December 31, | December 31, | |
|---|---|---|
| (Amounts in thousands) | 2025 | 2024 |
| Installment fee receivables | $39,736 | $43,993 |
| Fee receivables | 48,129 | 53,189 |
| Forgivable employee loans | 60,437 | 45,526 |
| Prepaid expenses | 27,657 | 26,478 |
| Other | 12,559 | 14,606 |
| Total other assets | $188,518 | $183,792 |
The Company's installment fee receivables and forgivable employee loans are carried at amortized cost, which approximates fair value, and would be categorized as Level II assets in the fair value hierarchy if they were carried at fair value.
The allowance for credit losses was immaterial at December 31, 2025 and 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.