Oppenheimer Earnings Reports

Oppenheimer Holdings Inc. reported a net income of $30.7 million and revenue of $367.8 million for the first quarter of 2025, representing increases of 17.7% and 4.2% respectively, compared to the first quarter of 2024. The firm's diversified businesses delivered profitable operating results despite uncertain macroeconomic conditions.

Oppenheimer Holdings Inc. reported Q4 2024 net income of $10.7 million, or $1.04 per share, compared to $11.1 million, or $1.07 per share, in Q4 2023. Revenue increased by 21.8% to $375.4 million from $308.3 million in the same period last year. Full-year revenue reached a record $1.4 billion, driving net income to $71.6 million, or $6.91 per share, significantly up from the previous year.

Oppenheimer Holdings Inc. reported a significant increase in net income and revenue for Q3 2024, driven by strong performance in wealth management and investment banking. The company's strategic initiatives, including the redemption of senior secured notes, further strengthened its financial position.

Oppenheimer Holdings Inc. reported a profitable second quarter with a net income of $10.3 million, or $0.99 basic earnings per share, compared to a net loss of $(9.4) million, or $(0.85) basic earnings per share, for the second quarter of 2023. Revenue increased by 8.0% to $330.6 million.

Oppenheimer Holdings Inc. reported a strong first quarter in 2024, with a 78.2% increase in net income and a 9.8% increase in revenue compared to the first quarter of 2023. The firm benefited from improved macroeconomic conditions, rising equity markets, and strong performance in its investment banking and wealth management businesses.

Oppenheimer Holdings Inc. reported a decrease in net income for Q4 2023 compared to Q4 2022, primarily due to fewer investment banking transactions and regulatory charges. However, full-year revenues increased due to record bank deposit sweep income, margin interest income, and higher fixed income sales and trading revenues.

Oppenheimer Holdings Inc. reported a significant increase in net income for Q3 2023, reaching $13.9 million, a 206.7% increase compared to Q3 2022. Revenue also increased by 6.3% to $312.7 million. The company's performance was boosted by higher interest rates and increased market volumes.

Oppenheimer Holdings Inc. reported a net loss of $9.4 million for Q2 2023, despite a 29.1% increase in revenue to $306.2 million. The net loss was attributed to a significant legal reserve.

Oppenheimer Holdings Inc. reported a strong first quarter in 2023, with a 57.3% increase in net income to $14.6 million and a 20.9% increase in revenue to $321.7 million compared to the first quarter of 2022. The company's performance was driven by growth in interest-sensitive revenues, M&A advisory fees, and sales and trading revenues, which were partially offset by lower client portfolio valuations.

Oppenheimer Holdings Inc. reported a decrease in net income to $22.4 million, or $2.04 basic earnings per share, for Q4 2022, compared to $62.9 million, or $4.99 basic earnings per share, for Q4 2021. Revenue also decreased to $313.6 million from $365.1 million in the same period last year.

Oppenheimer Holdings Inc. reported a net income of $4.5 million, or $0.40 earnings per share, a decrease compared to the previous year's $26.3 million, or $2.07 earnings per share. Revenue also decreased by 6.7% to $294.1 million, influenced by market volatility and an adverse arbitration decision.

Oppenheimer Holdings Inc. reported a net loss of $3.9 million for the second quarter of 2022, compared to a net income of $31.2 million for the same period in 2021. The decrease was attributed to macroeconomic factors and a significant downturn in equity capital market issuance. Revenue for the quarter was $237.2 million, a 30.3% decrease compared to the previous year.

Oppenheimer Holdings Inc. reported a decrease in net income and revenue for the first quarter of 2022, primarily due to a significant downturn in equity capital market issuance. Net income decreased by approximately 76.0% to $9.3 million, or $0.75 basic earnings per share, compared to the first quarter of 2021. Revenue for the first quarter of 2022 was $266.0 million, a decrease of 28.7% compared to the same period in 2021.

Oppenheimer Holdings Inc. reported a decrease in net income for the fourth quarter of 2021, with revenue also declining due to lower incentive fee income from alternative investments. However, full year results showed record revenue, pre-tax income, and net income.

Oppenheimer Holdings Inc. reported a strong third quarter in 2021, with record revenue driven by investment banking revenue and advisory fees. Net income increased by 67.8% compared to the same quarter last year, and revenue grew by 14.1%. The Capital Markets business was a significant driver of revenue and earnings, while Wealth Management continued to deliver solid results.

Oppenheimer Holdings Inc. reported a strong second quarter in 2021, with a 76.5% increase in net income to $31.2 million and a 28.5% increase in revenue to $340.3 million, driven by strong performance across all segments, especially Investment Banking and Wealth Management.

Oppenheimer Holdings Inc. reported a significant increase in net income and revenue for the first quarter of 2021. Net income increased by approximately 400% to $38.7 million, or $3.07 basic earnings per share. Revenue for the quarter was $373.3 million, a 59% increase compared to the same period last year.

Oppenheimer Holdings Inc. reported a significant increase in net income and revenue for the fourth quarter of 2020, driven by record performances in its Capital Markets and Asset Management segments. Net income for the quarter was $81.9 million, or $6.56 basic earnings per share, compared to $25.4 million, or $1.99 basic earnings per share, for the same period in 2019. Revenue for the fourth quarter of 2020 was $422.9 million, a 42.9% increase from $295.9 million in the fourth quarter of 2019.

Oppenheimer Holdings Inc. reported a significant increase in net income and revenue for Q3 2020, driven by strong performance in capital markets and solid returns in wealth management. Net income increased to $15.6 million, or $1.25 basic earnings per share, compared to $3.9 million, or $0.31 basic earnings per share, for Q3 2019. Revenue rose to $276.3 million from $234.8 million in the same period last year.