BOUNCING BACK FROM THE BOTTOM
January 24, 2010 at 5:20AM
Piper Jaffray Companies is growing again after four years of decline, but the Minneapolis investment bank's operating profit is still far short of the high water mark it achieved in 2004*, near the height of the real estate boom.
9 mos. ending Sept. 30Revenue (000's) Profit (000's) Employees
2009$345,337$18,1171,024
2008$282,839-$30,4431,175
2007$369,186$43,7691,131
2006$382,102$55,8931,134
2005$596,395$23,7202,879
2004$621,388$38,5393,029
*Declines also reflect 2006 sale of private client group.
Source: Piper Jaffray Companies
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Evan Ramstad
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