07:29 AM EDT, 05/02/2025 (MT Newswires) -- Piper Sandler ( PIPR ) reported Q1 adjusted earnings Friday of $4.09 per diluted share, up from $2.79 a year earlier.

Three analysts polled by FactSet expected $2.65.

Net revenue for the quarter ended March 31 was $357.3 million, up from $343.1 million a year earlier.

Four analysts surveyed by FactSet expected $363.0 million.

The investment bank also maintained a quarterly dividend of $0.65 per share, payable June 13 to shareholders of record as of May 30.