• Piper Sandler reported broad growth across business lines, led by record advisory services revenue and higher activity in corporate financing, municipal financing, equity brokerage and fixed income.
• Management said the firm expanded non-M&A advisory capabilities, including debt capital markets advisory, restructuring, private capital advisory and activist advisory, with non-M&A work accounting for more than 25% of total advisory revenue.
• The company ended the year with 187 investment banking managing directors and said managing director productivity rose 22%.
• Piper Sandler said it returned USD 239.1 million to shareholders through dividends and share repurchases and declared a USD 5.00 per share special cash dividend.
• The firm announced a four-for-one forward stock split intended to increase liquidity and accessibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piper Sandler Companies published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.