Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q4 2021 Earnings Presentation
14 slides from Oppenheimer's earnings presentation, Jan 31, 2022
Slide 1: Fourth Quarter and Full Year 2021 Investor Update
Oppenheimer Holdings Inc. Fourth Quarter and Full Year 2021 Investor Update
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and other written or oral statements made from time to time by representatives of Oppenheimer Holdings Inc. (the “company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
Slide 3: Business Overview: Oppenheimer Snapshot
Oppenheimer is a leading investment bank and full-service investment firm that provides financial services and advice to high net worth investors, individuals, businesses and institutions. 3 • Hong Kong, China• London, UK • Geneva, Switzerland • St. Helier, Isle of Jersey • Munich, Germany • Tel Avi
Slide 4: Summary Operating Results: 4Q-21
($000’s) For the 3-Months Ended REVENUE 12/31/21 12/30/20 % Change Commissions $ 101,076 $ 97,971 3.2% Advisory fees 118,798 204,521 -41.9% Investment banking 117,563 84,139 39.7% Bank deposit sweep income 3,928 4,262 -7.8% Interest 9,567 8,827 8.4% Principal transactions, net 4,483 8,975 -50.1% Oth
Slide 5: Summary Operating Results: 2021
($000’s) For the 12-Months Ended REVENUE 12/31/21 12/31/20 % Change Commissions $ 401,607 $ 395,097 1.6% Advisory fees 451,197 455,261 -0.9% Investment banking 433,707 222,298 95.1% Bank deposit sweep income 15,557 34,829 -55.3% Interest 36,482 33,477 9.0% Principal transactions, net 26,147 27,874 -
Slide 6: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M) Earnings per Share ($) Stockholders’ Equity ($M) 6 +16% +29%
Slide 7: Segment Revenue Breakdown 4Q-21 vs. 4Q-20
Pre-Tax Income Breakdown by Segment ($M)Revenue Breakdown by Segment ($M) Segment Revenue Breakdown 4Q-21 vs. 4Q-20 7 $(1.7) Corp/Other $0.6 Corp/Other 4Q-21 4Q-21 4Q-20 4 Q -2 1 4Q-20 4Q-20
Slide 8: Segment Revenue Breakdown 2021 vs. 2020
Segment Revenue Breakdown 2021 vs. 2020 Pre-Tax Income Breakdown by Segment ($M)Revenue Breakdown by Segment ($M) 2020 2020 2020 2021 2021 2021 $(1.3) Corp/Other $(0.4) Corp/Other 2020 $1,198.7M
Slide 9: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Full-Service Brokerage Financial Planning, Retirement Services, Corporate & Executive Services & Trust Services Margin & Securities Lending Advisory S
Slide 10: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Healthcare Technology Transportation & Logistics Finance & Real Estate Consumer & Retail Energy Capital Markets Revenue Breakdown 2021 Capital Markets Revenue ($M) Investment
Slide 11: Select 4Q-21 Investment Banking Transactions
Select 4Q-21 Investment Banking Transactions 11 $104,844,800 $3,740,000,000 Undisclosed $402,500,000 Sale to A Portfolio Company of Rental Services Exclusive Financial Advisor Financial Institutions Initial Public Offering Joint Book-Running Manager Technology Business Combination Capital Markets Ad
Slide 12: Capital Structure
Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital Book & Tangible Book Value per Share ($) 12 As of December 31, 2021 ($ in thousands) Total Assets: $3,044,839 Stockholders’ Equity: $823,850 Long-Term Debt: $125,000 Total Capitalization: $948,850 Debt to Equit
Slide 13: Historical Financial Ratios
Historical Financial Ratios Consolidated Adjusted EBITDA ($M) Interest Coverage (x)Consolidated Adjusted EBITDA Margin (%) Long-Term Debt to Consolidated Adjusted EBITDA (x) 1.8x* 13
Slide 14: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com