Piper sandler companies (PJC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Investment banking

629,392

588,978

633,837

490,340

414,118

369,811

248,563

232,958

202,513

237,847

207,701

159,747

Institutional Brokerage Revenue

167,891

124,738

154,712

161,186

154,889

156,809

146,648

166,642

135,358

162,539

221,117

117,201

Asset management

-

-

-

60,672

75,017

85,062

83,045

65,699

63,307

55,948

14,681

16,969

Interest income

26,741

32,749

31,954

33,074

41,557

48,716

50,409

37,845

43,447

51,703

40,651

50,377

Investment income (loss)

22,275

11,039

23,386

24,602

10,736

12,813

21,566

4,903

8,178

6,685

2,731

2,639

Total revenues

846,299

757,504

843,889

769,874

696,317

673,211

550,231

508,047

452,803

514,722

486,881

346,933

Interest expense

11,733

16,551

20,268

22,525

23,399

25,073

25,036

19,095

20,720

34,788

18,091

20,536

Net revenues

834,566

740,953

823,621

747,349

672,918

648,138

525,195

488,952

432,083

479,934

468,790

326,397

Non-interest expenses:
Compensation and benefits

516,090

488,487

589,637

510,612

421,733

394,510

322,464

296,882

265,015

280,047

281,277

249,438

Outside services

36,184

36,528

33,981

39,289

36,218

37,055

32,982

27,998

27,570

30,265

29,657

41,212

Occupancy and equipment

36,795

34,194

31,943

34,813

28,301

28,231

25,493

26,454

28,430

30,034

29,705

33,034

Communications

30,760

28,656

26,430

29,626

23,762

22,732

21,431

20,543

22,121

22,832

22,682

25,098

Marketing and business development

28,780

26,936

28,673

30,404

29,990

27,260

21,603

19,908

22,640

21,642

18,969

25,249

Deal-related expenses

25,823

25,120

0

0

-

-

-

-

-

-

-

-

Trade execution and clearance

10,186

8,014

8,166

7,651

7,794

7,621

8,270

8,054

8,925

11,347

11,948

12,787

Restructuring costs

14,321

3,498

0

10,206

10,652

0

4,689

3,642

0

10,699

3,572

17,865

Goodwill, Impairment Loss

-

-

-

82,900

0

0

-

-

120,298

0

-

130,500

Amortization of Intangible Assets

4,298

4,858

10,178

21,214

7,662

9,272

7,993

6,944

7,256

6,474

2,456

-

Back office conversion costs

0

0

3,927

561

0

0

-

-

-

-

-

-

Other operating expenses

12,350

12,173

11,370

10,947

20,383

11,146

4,657

9,516

10,017

12,777

11,912

14,821

Noninterest Expense

715,587

668,464

744,305

778,223

586,495

537,827

449,582

419,941

512,272

426,117

412,178

550,004

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

118,979

72,489

79,316

-30,874

86,423

110,311

75,613

69,011

-80,189

53,817

56,612

-223,607

Income tax expense/(benefit)

24,577

18,046

53,808

-17,128

27,941

35,986

20,390

19,470

9,120

32,163

26,183

-40,133

Income/(loss) from continuing operations

94,402

54,443

25,508

-

-

-

55,223

49,541

-89,309

21,654

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

23,772

1,387

-85,060

-

-

-

-4,739

-5,807

-11,248

2,276

-

499

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-4,739

-5,807

-11,248

2,276

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

118,174

55,830

-59,552

-13,746

58,482

74,325

50,484

43,734

-100,557

23,930

30,429

-

Net loss applicable to noncontrolling interests

6,463

-1,206

2,387

8,206

6,407

11,153

5,394

2,466

1,463

-432

60

-

Net Income (Loss) Attributable to Parent

111,711

57,036

-61,939

-21,952

52,075

63,172

45,090

41,268

-102,020

24,362

30,369

-182,975

Net Income (Loss) Available to Common Stockholders, Diluted

107,200

49,993

-64,875

-21,952

48,060

58,141

40,596

35,335

-102,020

18,929

24,888

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

87,939

55,649

23,121

-

-

-

49,829

47,075

-90,772

22,086

-

-183,474

Net loss from discontinued operations

23,772

1,387

-85,060

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

111,711

57,036

-61,939

-21,952

52,075

-

-

-

-102,020

24,362

30,369

-182,975

Earnings Per Share, Basic [Abstract]
Income/(loss) from continuing operations (in dollars per share)

6.21

3.68

1.57

-

-

-

2.98

2.58

-5.79

1.12

-

-11.59

Loss from discontinued operations (in dollars per share)

1.69

0.09

-6.64

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-0.28

-0.32

-0.72

0.12

-

0.03

Earnings/(loss) per basic common share (in dollars per share)

7.90

3.78

-5.07

-1.73

3.34

3.88

2.70

2.26

-6.51

1.23

1.56

-11.55

Earnings Per Share, Diluted [Abstract]
Income/(loss) from continuing operations (in dollars per share)

6.05

3.63

1.57

-

-

-

2.98

2.58

-5.79

1.12

-

-11.59

Loss from discontinued operations (in dollars per share)

1.65

0.09

-6.55

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-0.28

-0.32

-0.72

0.11

-

0.03

Earnings/(loss) per diluted common share (in dollars per share)

7.69

3.72

-4.99

-1.73

3.34

3.87

2.70

2.26

-6.51

1.23

1.55

-11.55

Dividends declared per common share (in dollars per share)

2.51

3.12

1.25

0.00

0.00

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted Average Number of Shares Outstanding, Basic

13,555

13,234

12,807

12,674

14,368

14,971

15,046

15,615

15,672

15,348

15,952

15,837

Weighted Average Number of Shares Outstanding, Diluted

13,937

13,425

12,978

12,779

14,389

15,025

15,061

15,616

15,672

15,378

16,007

15,837