piper jaffray cos (PJC) Key Developments
Piper Jaffray to Expand Investment Banking Team with the Addition of Financial Institutions Group
Jun 10 15
Piper Jaffray has announced a plan to expand its investment banking team. The firm is to expand its investment banking team with the addition of a financial institutions group dedicated to depository, diversified financials, financial technology and insurance clients.
Piper Jaffray Announces Executive Appointments
Jun 2 15
Piper Jaffray announced the hiring of Garin Arevian and Jason Myler as managing directors in its technology, media and telecommunications (TMT) investment banking group. They will be based in the firm’s Boston office, focused on advising companies in the software and technology-enabled services sectors. Arevian and Myler were most recently managing directors at MHT MidSpan. Arevian previously spent six years at Harris Williams & Co. where he played a key role in developing the TMT group while furthering efforts in software and technology-enabled services. Myler, a founding member of the technology investment banking boutique firm Falvey Partners, spent several years at Revolution Partners where he focused on software, technology-enabled services and IT services companies.
Piper Jaffray Companies Presents at BioEquity Europe 2015, May-20-2015 09:00 AM
May 8 15
Piper Jaffray Companies Presents at BioEquity Europe 2015, May-20-2015 09:00 AM. Venue: InterContinental Vienna, Vienna, Austria. Speakers: Neil Mackison, Managing Director.
Piper Jaffray Companies Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 23 15
Piper Jaffray Companies reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported adjusted net income of $18.8 million, or $1.14 per diluted common share compared to $20.0 million, or $1.24 per diluted common share, in the first quarter of 2014. Adjusted net revenues were $155.7 million in the first quarter of 2015, compared to $161.5 million in the first quarter of 2014. Adjusted pre-tax operating margin was 18.9% in the first quarter of 2015, compared to 19.3% in the first quarter of 2014. Rolling 12 month return on average common shareholders' equity increased to 7.8% at March 31, 2015, compared to 7.2% at March 31, 2014. Rolling 12 month return on average tangible common shareholders' equity increased to 11.2% at March 31, 2015, compared to 10.9% at March 31, 2014. Book value per share was $55.40 at March 31, 2015. For the first quarter of 2015, on a U.S. GAAP basis, net revenues were $161.9 million, and net income was $17.0 million, or $1.03 per diluted common share compared to net revenues of $168.13 million, and net income of $17.7 million or $1.10 per basic and diluted share a year ago. The decrease in the adjusted net Revenue was primarily due to lower advisory services revenues. Income before income tax expense was $31.3 million compared to $32.71 million a year ago. Net income was $21.8 million compared to $22.87 million a year ago. Net income applicable to the company's common shareholders was $15.81 million compared to $16.09 million a year ago. Adjusted net income applicable to company's common stockholders was $17.53 million compared to $18.16 million a year ago.
Piper Jaffray Companies to Report Q1, 2015 Results on Apr 23, 2015
Apr 16 15
Piper Jaffray Companies announced that they will report Q1, 2015 results at 9:00 AM, US Eastern Standard Time on Apr 23, 2015