PIPER SANDLER COMPANIES

Piper Sandler Companies

Capital Markets Financial Services Minneapolis, MN, United States PIPR (NYQ)
Quarter: Q2 2025 Reported: May 22, 2025 Sentiment: Positive

Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, private capital advisory, equity and debt private placements, and debt and restructuring advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.

Analysis Summary

The Q2 2025 earnings call transcript for Piper Sandler Companies (PIPR) primarily details the outcomes of its Annual Meeting held on May 22, 2025, rather than financial performance. The meeting saw a robust shareholder turnout, with 85.51% of outstanding shares represented. Key governance matters were addressed and approved with overwhelming support. All ten nominated directors, including Chad R. Abraham, Jonathan J. Doyle, and Ann C. Gallo, were successfully elected to serve one-year terms expiring in 2026. The voting results for each director showed strong approval, with 'Votes For' significantly outweighing 'Votes Against' and 'Abstentions'. For instance, Chad R. Abraham received 13,677,537 votes for, against 492,241 votes. Shareholders also ratified the selection of Ernst & Young LLP as the independent auditor for the fiscal year ending December 31, 2025, with 14,842,785 votes in favor. Furthermore, the advisory (non-binding) 'say-on-pay' resolution, approving the compensation of officers, passed with 13,942,109 votes for. This transcript does not provide any financial performance breakdown, strategic initiatives, business segment analysis, management commentary on market trends, competitive positioning, risk factors, or analyst Q&A highlights related to financial results. It is solely a corporate governance filing reporting the results of shareholder votes.

Key Highlights

  • All ten nominated directors were successfully elected to serve one-year terms.
  • Shareholders ratified Ernst & Young LLP as the independent auditor for fiscal year 2025.
  • Advisory 'say-on-pay' vote for officer compensation was approved.
  • High shareholder participation with 85.51% of outstanding shares represented.
  • Voting results demonstrated strong shareholder confidence in current leadership and governance.

Financial Metrics

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guidance
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Stock Performance (90 Days)

Data through Jan 15, 2026

Positive Signals

  • Overwhelming shareholder approval for all director nominees.
  • Strong shareholder support for the ratification of the independent auditor.
  • Advisory vote approving officer compensation passed with significant majority.
  • High voter turnout at the Annual Meeting (85.51% of outstanding shares).

Risks & Concerns

  • No risk factors related to financial performance or operations were mentioned in this governance filing.

Full Transcript

Recent Piper Sandler Companies News

Stock Price

$374.50
PIPR· NYQ
3.75% day

Company Info

Industry
Capital Markets
Sector
Financial Services
Headquarters
Minneapolis, MN, United States
CEO
Mr. Chad R. Abraham
Employees
1,836
View Company Profile

Layoff Stats

Layoff Events
0
Total Affected
0

Recent Layoffs

No canonical layoff events recorded for this company.

Financials

Market Cap $5.82B
Revenue $1.72B
Profit Margin 13.8%
Cash $560.0M
Debt $115.1M