Quarterly Information (unaudited) - Quarterly Information Schedules (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
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Dec. 31, 2021 |
Sep. 30, 2021 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Dec. 31, 2020 |
Sep. 30, 2020 |
Jun. 30, 2020 |
Mar. 31, 2020 |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Quarterly Financial Information Disclosure [Abstract] | |||||||||||
Total revenues | $ 650,831 | $ 448,233 | $ 511,344 | $ 431,387 | $ 409,140 | $ 307,174 | $ 295,964 | $ 240,380 | $ 2,041,795 | $ 1,252,658 | $ 846,299 |
Interest expense | 2,590 | 2,668 | 2,696 | 2,780 | 3,252 | 3,455 | 3,526 | 4,212 | 10,734 | 14,445 | 11,733 |
Net revenues | 648,241 | 445,565 | 508,648 | 428,607 | 405,888 | 303,719 | 292,438 | 236,168 | 2,031,061 | 1,238,213 | 834,566 |
Total non-interest expenses | 479,366 | 369,855 | 394,588 | 345,740 | 335,357 | 279,070 | 285,041 | 270,197 | 1,589,549 | 1,169,665 | 715,587 |
Income from continuing operations before income tax expense | 168,875 | 75,710 | 114,060 | 82,867 | 70,531 | 24,649 | 7,397 | (34,029) | 441,512 | 68,548 | 118,979 |
Income tax expense | 43,292 | 23,512 | 27,066 | 17,274 | 20,592 | 5,674 | 4,700 | (11,774) | 111,144 | 19,192 | 24,577 |
Net income | 125,583 | 52,198 | 86,994 | 65,593 | 49,939 | 18,975 | 2,697 | (22,255) | 330,368 | 49,356 | 118,174 |
Net income/(loss) applicable to noncontrolling interests | 12,070 | 6,477 | 17,173 | 16,134 | 7,779 | 7,358 | 1,243 | (7,528) | 51,854 | 8,852 | 6,463 |
Net income applicable to Piper Sandler Companies | 113,513 | 45,721 | 69,821 | 49,459 | 42,160 | 11,617 | 1,454 | (14,727) | 278,514 | 40,504 | 111,711 |
Net income applicable to Piper Sandler Companies' common shareholders | $ 113,513 | $ 45,721 | $ 69,821 | $ 49,459 | $ 42,160 | $ 11,617 | $ 1,454 | $ (14,727) | $ 278,514 | $ 40,504 | $ 107,200 |
Earnings per basic common share | |||||||||||
Earnings per basic common share | $ 8.04 | $ 3.22 | $ 4.86 | $ 3.44 | $ 3.07 | $ 0.84 | $ 0.11 | $ (1.07) | $ 19.52 | $ 2.94 | $ 7.90 |
Earnings per diluted common share | 6.54 | 2.68 | 4.12 | 3.00 | 2.66 | 0.78 | 0.10 | (1.07) | 16.43 | 2.72 | 7.69 |
Dividends declared per common share | $ 3.55 | $ 0.55 | $ 0.45 | $ 2.25 | $ 0.375 | $ 0.30 | $ 0.20 | $ 1.125 | $ 6.80 | $ 2.00 | $ 2.51 |
Weighted average number of common shares | |||||||||||
Basic | 14,119 | 14,213 | 14,358 | 14,374 | 13,755 | 13,778 | 13,794 | 13,796 | 14,265 | 13,781 | 13,555 |
Diluted | 17,357 | 17,047 | 16,951 | 16,467 | 15,860 | 14,853 | 14,476 | 14,411 | 16,955 | 14,901 | 13,937 |
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- Definition Amount of the cost of borrowed funds and interest expense related to cash instruments, collateralized securities transactions, borrowings and other financial liabilities. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income after deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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