Piper Sandler Companies Overview
Pro stress-test →Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. In 2025, the firm achieved adjusted net revenues of $1.88 billion with adjusted net income of $318 million, representing 39% growth in adjusted net income from 2024 and an adjusted return on equity of 24.4%.
Strategic Profile
Pro stress-test →The company reflects its execution on a long-term growth strategy anchored by a diversified, market-leading platform focused on serving clients with trusted expertise and differentiated product capabilities. Piper Sandler delivered strong Q4 results, with advisory and equity financing segments outperforming, driven by healthcare, industrial, and depositary franchises.
Competitive Landscape
Pro stress-test →As a leading investment bank focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, and investment management, Piper Sandler competes with large diversified investment banks (Goldman Sachs, Morgan Stanley, Lazard) and specialized boutique firms in advisory and capital markets services.
Industry Context
Piper Sandler Companies operates in Investment Banking and Securities.
Key facts
Founded: 1895 · Headquarters: Minneapolis, Minnesota · Revenue: $1.88B