Risk factors
Piper Sandler Companies (PIPR) risk factors
Item 1A of every Piper Sandler Companies 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors37 risks1 dropped4 reworded
Piper Sandler updated economic outlooks for 2026, citing tariff uncertainty and changing investment banking activity levels from 2024 to 2025. Credit facility details and valuation estimate descriptions were updated with current operational references.
Filed Feb 26, 2026 - FY2024 10-K risk factors38 risks
Piper Sandler's risk profile is dominated by economic and market volatility affecting financial services. Reliance on transactional financing, advisory engagements, and key personnel drives operational risk. Extensive regulatory compliance, cybersecurity threats, and liquidity/credit dependencies are core challenges.
Filed Feb 27, 2025