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Piper Sandler PIPR Noninterest Expense

Noninterest Expense at other companies

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$6.71B-44.0%
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Raymond James FinancialRJF
$3.18B+12.1%
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Jefferies Financial GroupJEF
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Goldman Sachs GroupGS

Other financials

Income statement

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Revenue$495.5M+24.9%
Net income$67.8M+60.8%
EPS (diluted)$0.95+61.0%

Balance sheet

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Cash & equivalents$304.2M+147%
Total debt$175.0M+50.6%
Total equity$1.4B+11.6%
Total assets$2.3B+18.8%

Cash flow

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Operating cash flow-$291.7M-40.8%
CapEx$7.8M-45.2%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.26B-2.5%
Enterprise value$5.13B-4.7%
P/E17.1×-8.4×
P/S2.5×-0.9×

Profitability

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Net margin14.5%+1.3pp
FCF margin18%

Returns & leverage

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Return on equity23.6%+5.7pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Piper Sandler in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The source filing: Piper Sandler’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001230245-26-000032
(Amounts in thousands, except per share data)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Restructuring and integration costs4,9984,998
Intangible asset amortization2,0582,1474,1154,223
Other operating expenses10,74310,61732,22718,737
Total non-interest expenses395,080347,854781,558675,693
Income before income tax expense100,43548,924188,36678,357
Income tax expense30,33817,16949,9579,834
Net income70,09731,755138,40968,523
Net income/(loss) attributable to noncontrolling interests2,252(10,427)5,322(38,574)

Item 1. Financial Statements.

FAQ

What is Piper Sandler's noninterest expense?
Piper Sandler (PIPR) reported noninterest expense of $395.08M in Q2 2026.
How has Piper Sandler's noninterest expense changed year-over-year?
Piper Sandler's noninterest expense increased by 13.6% year-over-year, from $347.85M to $395.08M.
What is the long-term trend for Piper Sandler's noninterest expense?
Over 4 years (2021 to 2025), Piper Sandler's noninterest expense has grown at a -1.0% compound annual growth rate (CAGR), from $1.59B to $1.52B.
What does noninterest expense mean?
Noninterest Expense

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