Piper Sandler Companies reported first‑quarter 2026 earnings, posting earnings per share of $1.00, a $0.15 beat over the consensus estimate of $0.85, and revenue of $469.5 million, up $19.8 million or 4.4% above the $449.7 million forecast.
The results were driven by a 29% year‑over‑year rise in corporate investment banking revenue and a 13% increase in advisory fees, lifting advisory revenue to $212 million. Management said the firm’s focus on private‑equity clients and the recent acquisitions of G Squared Capital Partners and Aviditi Capital Advisors are beginning to translate into higher transaction volumes and fee income.
The company also raised its quarterly dividend to $0.20 per share, its highest level to date, signaling confidence in its cash‑flow generation.
Piper Sandler reiterated its outlook for continued growth in the second half of 2026, citing sustained demand across its advisory, financing, and institutional brokerage platforms.
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