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Jun 30, 2021
Oppenheimer Q2 2021 Earnings Report
Reported net income and announced an increase in the quarterly dividend.
Key Takeaways
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.
Record second quarter gross revenue driven by investment banking revenue and advisory fees.
Capital Markets segment achieved record revenue and earnings for the second quarter, driven by record investment banking results.
Client assets under administration and under management reached record levels as of June 30, 2021.
Shareholders' Equity reached a record $752.5 million as of June 30, 2021.
Oppenheimer
Oppenheimer
Oppenheimer Revenue by Segment
Revenue by Segment
Capital Markets Revenue
CapyFin.com