Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q1 2026 Earnings Presentation
12 slides from Oppenheimer's earnings presentation, May 4, 2026
Slide 1: First Quarter 2026 Investor Update
Oppenheimer Holdings Inc. First Quarter 2026 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. ("Oppenheimer” or the “company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, a
Slide 3: Business Overview and 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. • Hong Kong, China• London, UK • Geneva, Switzerland • St. Helier, Isle of Jersey • Tel Aviv, Israel $20.6 mill
Slide 4: Summary Operating Results: 1Q-26 vs 1Q-25
The effective tax rate for the current period was 23.8%, slightly lower when compared with 25.9% for the prior year period due to the impact of a discrete legal charge related to the "cash sweep" settlement recorded during the quarter Summary Operating Results: 1Q-26 vs 1Q-25 (Unaudited) Highlights
Slide 5: Select Financial Measures
5 Select Financial Measures Earnings (Loss) per Share ("EPS") ($)1 Net Income (Loss) ($M)1Revenue ($M) Stockholders’ Equity ($M)1 1 Attributable to Oppenheimer Holdings Inc. 2 Non-GAAP measure excludes a $70 million (pre-tax) accrual related to the "cash sweep" litigation settlement and $22.3 millio
Slide 6: Segment Revenue Breakdown 1Q-26 vs 1Q-25
6 Segment Revenue Breakdown 1Q-26 vs 1Q-25 Pre-Tax Income/Loss Breakdown by Segment ($M)Revenue Breakdown by Segment ($M) Wealth Management Capital Markets 1Q-26 Revenue $445.1 MM 1Q-25 Revenue $367.8 MM $2.3 Corp/Other $2.5 Corp/Other 42% 57% 34% 66%
Slide 7: Wealth Management
Wealth Management Well-recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services • Full-Service Brokerage • Financial Planning, Retirement Services, Insurance Solutions, Corporate & Executive Services & Trust Services • Margin & Securitie
Slide 8: Capital Markets
23.0% Sales & Trading Revenues 1Q-26 vs 1Q-25 109.4% Investment Banking Revenues 1Q-26 vs 1Q-25 Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Healthcare Technology Transportation & Logistics Financial Institutions Consum
Slide 9: Capital Structure
9 Capital Structure Book & Tangible Book Value per Share ($) Dividends and Stock Repurchases • The Board of Directors announced a $0.02 or 11.1% increase in the quarterly dividend to $0.20 per share effective for the first quarter of 2026 payable on May 29, 2026 to holders of Class A non-voting and
Slide 10: Explanation of Non-GAAP Financial Measures
10 Explanation of Non-GAAP Financial Measures The Company included certain non-GAAP financial measures within this presentation to supplement the U.S. Generally Accepted Accounting Principles ("GAAP") financial information. Adjusted results begin with information prepared in accordance with U.S. GAA
Slide 11: Net (Loss) Income and (Loss) Earnings Per Share U.S. GAAP Reconciliation
11 Net (Loss) Income Attributable to Oppenheimer Holdings Inc. and (Loss) Earnings Per Share U.S. GAAP Reconciliation For the Three Month Ended March 31, 2026 For the Three Month Ended March 31, 2025 Net (loss) income attributable to Oppenheimer Holdings Inc. (U.S. GAAP) $ (20,578) $ 30,655 Non-GAAP
Slide 12: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com