PIPER SANDLER COMPANIES
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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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.
Jun 30, 2026 · Filed Aug 5, 2026
PIPR$66.75-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Condition
| June 30, | December 31, | |
|---|---|---|
| 2026 | 2025 | |
| (Amounts in thousands, except share data) · (Unaudited) | ||
| Assets | ||
| Cash and cash equivalents | $304,231 | $809,415 |
| Receivables from brokers, dealers and clearing organizations | 205,275 | 53,612 |
| Financial instruments and other inventory positions owned: | ||
| Financial instruments and other inventory positions owned | 462,844 | 435,204 |
| Financial instruments and other inventory positions owned and pledged as collateral | 95,240 | 67,066 |
| Total financial instruments and other inventory positions owned | 558,084 | 502,270 |
| Investments (including noncontrolling interests of $195,032 and $216,838, respectively) | 307,238 | 322,518 |
| Fixed assets (net of accumulated depreciation and amortization of $98,277 and $89,312, respectively) | 77,538 | 77,329 |
| Right-of-use lease assets | 122,488 | 64,004 |
| Goodwill | 319,258 | 319,258 |
| Intangible assets (net of accumulated amortization of $174,889 and $170,774, respectively) | 96,624 | 99,598 |
| Net deferred income tax assets | 147,102 | 156,124 |
| Other assets | 189,018 | 188,518 |
| Total assets | $2,326,856 | $2,592,646 |
| Liabilities and Shareholders' Equity | ||
| Short-term financing | $15,000 | $15,000 |
| Payables to brokers, dealers and clearing organizations | 2,000 | 22,358 |
| Financial instruments and other inventory positions sold, but not yet purchased | 80,545 | 48,514 |
| Accrued compensation | 400,033 | 702,847 |
| Accrued lease liabilities | 160,009 | 101,351 |
| Other liabilities and accrued expenses | 101,845 | 119,783 |
| Total liabilities | 759,432 | 1,009,853 |
| Shareholders' equity (1): | ||
| Common stock, $0.01 par value: | ||
| Shares authorized: 400,000,000; | ||
| Shares issued: 78,131,703 and 78,250,916, respectively; | ||
| Shares outstanding: 67,549,449 and 67,483,432, respectively | 779 | 779 |
| Additional paid-in capital | 1,010,866 | 957,145 |
| Retained earnings | 733,988 | 728,931 |
| Less: Common stock held in treasury, at cost: 10,582,254 shares and 10,767,484 shares, respectively | (374,580) | (318,581) |
| Accumulated other comprehensive income | 1,696 | 2,733 |
| Total common shareholders' equity | 1,372,749 | 1,371,007 |
| Noncontrolling interests | 194,675 | 211,786 |
| Total shareholders' equity | 1,567,424 | 1,582,793 |
| Total liabilities and shareholders' equity | $2,326,856 | $2,592,646 |
(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.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.