Piper Sandler's advisory business hit a record $274 million in Q2, driven by a surge in M&A closings that pushed EPS to $1.04, nearly 18% above consensus and extending its five-quarter beat streak. Pre-tax margins nearly doubled to 20.3% from 12.3% a year ago as deal flow accelerated and compensation ratios compressed.
Piper Sandler :
PIPR
PIPR
Stock Data
$0.00
$0.00 (0.00%)
Asset Type
N/A
Exchange
N/A
Currency
N/A
Country
N/A
Sector
N/A
Industry
N/A
Piper Sandler Companies, headquartered in Minneapolis, Minnesota, is a distinguished investment bank and institutional securities firm. It provides a broad spectrum of services including investment banking, institutional sales, trading, research, and advisory services across various equity and fixed income products. The firm specializes in mergers and acquisitions, equity and debt financings, underwriting municipal issuances, and offering municipal financial advisory. Additionally, Piper Sandler serves a diverse clientele, including corporations, private equity groups, public entities, non-profit entities, and institutional investors, both in the U.S. and internationally. Founded in 1895, it has a rich history of financial expertise.
Latest Activity
All Piper Sandler Articles
2 Articles