Piper Sandler Q3 Adjusted Earnings, Net Revenue Fall

08:43 AM EDT, 10/30/2026 (MT Newswires) -- Piper Sandler (PIPR) reported Q3 adjusted earnings Friday of $0.87 per diluted share, down from $0.96 a year earlier. Four analysts surveyed by FactSet expected $0.93. Net revenue for the quarter ended Sept. 30 was $443 million, down from $479.3 million a year earlier. Four analysts expected $467.4 million. Piper Sandler maintained a quarterly cash dividend of $0.20 per share, payable Dec. 11 to shareholders of record on Nov. 24. The company also authorized the repurchase of up to $200 million of the company's outstanding common stock, effective immediately and expiring Dec. 31, 2028, while the existing repurchase authorization has $20.3 million remaining and expires Dec. 31.