PIPER SANDLER COMPANIES
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders' Equity
Consolidated Statements of Changes in Shareholders' Equity (Unaudited)
| Accumulated · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common · Additional · Other · Common · Total | |||||||||
| (Amounts in thousands, | Shares | Common | Paid-In | Retained | Treasury | Comprehensive | Shareholders' | Noncontrolling | Shareholders' |
| except share amounts) | Outstanding (1) | Stock (1) | Capital (1) | Earnings | Stock | Income/(Loss) | Equity | Interests | Equity |
| Balance at December 31, 2025 | 67,483,432 | $779 | $957,145 | $728,931 | $(318,581) | $2,733 | $1,371,007 | $211,786 | $1,582,793 |
| Net income | — | — | — | 65,242 | — | — | 65,242 | 3,070 | 68,312 |
| Dividends declared | — | — | — | (113,633) | — | — | (113,633) | — | (113,633) |
| Amortization/issuance of restricted stock (2) | — | — | 89,252 | — | — | — | 89,252 | — | 89,252 |
| Repurchase of common stock through share repurchase program | (425,148) | — | — | — | (33,046) | — | (33,046) | — | (33,046) |
| Issuance of treasury shares for options exercised | 20,960 | — | (113) | — | 632 | — | 519 | — | 519 |
| Issuance of treasury shares for restricted stock vestings | 1,232,616 | — | (41,719) | — | 41,719 | — | — | — | — |
| Repurchase of common stock from employees | (458,656) | — | — | — | (36,843) | — | (36,843) | — | (36,843) |
| Shares reserved/issued for director compensation | 4,357 | — | 313 | — | — | — | 313 | — | 313 |
| Other comprehensive loss | — | — | — | — | — | (975) | (975) | — | (975) |
| Fund capital contributions, net | — | — | — | — | — | — | — | 1,167 | 1,167 |
| Balance at March 31, 2026 | 67,857,561 | $779 | $1,004,878 | $680,540 | $(346,119) | $1,758 | $1,341,836 | $216,023 | $1,557,859 |
| Balance at December 31, 2024 | 64,446,892 | $779 | $981,140 | $561,746 | $(314,656) | $(1,179) | $1,227,830 | $187,943 | $1,415,773 |
| Net income/(loss) | — | — | — | 64,915 | — | — | 64,915 | (28,147) | 36,768 |
| Dividends declared | — | — | — | (70,261) | — | — | (70,261) | — | (70,261) |
| Amortization/issuance of restricted stock (2) | — | — | 68,664 | — | — | — | 68,664 | — | 68,664 |
| Issuance of treasury shares for options exercised | 60,000 | — | 16 | — | 1,469 | — | 1,485 | — | 1,485 |
| Issuance of treasury shares for restricted stock vestings | 2,616,192 | — | (63,105) | — | 63,105 | — | — | — | — |
| Repurchase of common stock from employees | (1,064,240) | — | — | — | (80,629) | — | (80,629) | — | (80,629) |
| Shares reserved/issued for director compensation | 5,276 | — | 333 | — | — | — | 333 | — | 333 |
| Other comprehensive income | — | — | — | — | — | 1,136 | 1,136 | — | 1,136 |
| Fund capital contributions, net | — | — | — | — | — | — | — | 4,841 | 4,841 |
| Balance at March 31, 2025 | 66,064,120 | $779 | $987,048 | $556,400 | $(330,711) | $(43) | $1,213,473 | $164,637 | $1,378,110 |
(1)Common shares information and additional paid-in capital have been adjusted to reflect the four-for-one forward split of common stock, as discussed in Note 1.
(2)Includes amortization of restricted stock issued in conjunction with the Company's acquisitions.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.