BOUNCING BACK FROM THE BOTTOM

January 24, 2010 at 5:20AM

BOUNCING BACK FROM THE BOTTOM

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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