Piper Sandler PIPR Due To Correspondent Brokers
Due To Correspondent Brokers at other companies
Other financials
Where this comes from
Reported directly by Piper Sandler in its filing.
Tagged under the XBRL concept us-gaap:DueToCorrespondentBrokers.
The official record: Piper Sandler’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Piper Sandler's due to correspondent brokers?
- Piper Sandler (PIPR) reported due to correspondent brokers of $39.64M in Q1 2026.
- How has Piper Sandler's due to correspondent brokers changed year-over-year?
- Piper Sandler's due to correspondent brokers increased by 5081.6% year-over-year, from $765K to $39.64M.
- What is the long-term trend for Piper Sandler's due to correspondent brokers?
- Over 5 years (2020 to 2025), Piper Sandler's due to correspondent brokers has grown at a 3.8% compound annual growth rate (CAGR), from $18.59M to $22.36M.
- What does due to correspondent brokers mean?
- This represents the total payables owed to other brokerage firms for clearing, execution, or administrative services provided to the company. It is a measure of the firm's short-term operational liabilities to its network of correspondent partners. Managing these balances is vital for maintaining healthy relationships with clearing partners and ensuring smooth operational workflows.