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Piper Sandler achieved its highest Q3 revenue ever, with strong performance in corporate financing and advisory services. Net income rose significantly, supported by improved margins and disciplined expense management.
Driven by robust growth in municipal financing and institutional brokerage, Piper Sandler delivered higher net income and adjusted EPS despite a QoQ decline, supported by increased client activity and broad diversification.
Piper Sandler Companies reported a strong start to 2025, driven by record first quarter revenues in advisory services. Net revenues increased 4% compared to the year-ago quarter, reaching $357.3 million. Adjusted net income was $73.5 million, with adjusted diluted EPS of $4.09.
