PIPER SANDLER COMPANIES

PIPR · XNYS

CIK 1230245fmd_17351GES8P79F2Q1BXBD2E2STXFinance, Insurance and Real Estate · Security Brokers, Dealers & Flotation CompaniesTemplate: Capital markets

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Investment banking revenue	490	634	589	629	858	1,553	1,010	924	1,105	1,401
Total revenues	770	844	758	846	1,253	2,042	1,435	1,358	1,532	1,904
Total interest income	33	32	33	27	13	7	20	27	33	37
Asset management and advisory fees	61	57	–	–	–	–	–	–	–	–
Compensation and benefits	511	590	488	516	877	1,305	984	897	1,004	1,186
Non-interest expense	778	744	668	716	1,170	1,590	1,291	1,225	1,308	1,525
Income before taxes	(31)	79	72	119	69	442	134	123	218	375
Income tax expense	(17)	54	18	25	19	111	33	24	61	81
Net income from continuing operations	(14)	23	56	88	41	279	101	99	157	294
Net income	(22)	(62)	57	112	41	279	111	85	181	281
Net income to common shareholders	(22)	(65)	50	107	41	279	–	–	–	–