Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q2 2020 Earnings Presentation
12 slides from Oppenheimer's earnings presentation, Jul 31, 2020
Slide 1: Oppenheimer Holdings Inc. Second Quarter 2020 Investor Update
OPPENHEIMER HOLDINGS INC. Second Quarter 2020 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
BUSINESS OVERVIEW 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. Oppenheimer Snapshot (as of 6/30/20) $499.5 million $25.5 million Revenue for 1H-20 Net Incom
Slide 4: Summary Operating Results: 2Q-20 (Unaudited)
SUMMARY OPERATING RESULTS: 2Q-20 (UNAUDITED) ($000’s) For the 3‐Months Ended Highlights REVENUE 6‐30‐20 6‐30‐19 % Change Commissions $ 101,636 $ 80,896 25.6% . Revenue increased 5.5% during the period driven by robust underwriting Advisory fees 75,981 80,707 ‐5.9% revenue, increased institutional In
Slide 5: Summary Operating Results: 1H-20 (Unaudited)
SUMMARY OPERATING RESULTS: IH-20 (UNAUDITED) ($000’s) For the 6‐Months Ended REVENUE 6‐30‐20 6‐30‐19 % Change Commissions $ 204,885 $ 160,305 27.8% Advisory fees 162,145 154,354 5.0% Investment banking 71,914 60,049 19.8% Bank deposit sweep income 25,948 65,798 ‐60.6% Interest 17,110 26,277 ‐34.9% P
Slide 6: Select Financial Measures
SELECT FINANCIAL MEASURES Net Income ($M) Return on Equity (%) Earnings per Share ($) Shareholders’ Equity 6
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 ADVISORY SERVICES ALTERNATIVE INVESTMENTS –Full‐Service Brokerage – Investment Policy Design & –Hedge Funds and Fund‐of‐Funds –Private Equity – Financial Pl
Slide 8: Capital Markets
CAPITAL MARKETS A leading capital markets business providing sophisticated investment banking, research and trading solutions INSTITUTIONAL EQUITIES INVESTMENT BANKING FIXED INCOME –Sales and Trading –Mergers & Acquisitions – Taxable Fixed Income – Equity Research – Equity Capital Markets –Non‐Taxab
Slide 9: Select 2Q-20 Investment Banking Transactions
SELECT 2Q-20 INVESTMENT BANKING TRANSACTIONS $150,000,000 $600,000,000 $48,300,000 $800,000,000 Debt Capital Markets Financial Institutions Consumer Consumer Sovereign Bond Issuance for the Convertible Senior Notes Follow‐On Initial Public Offering Republic of Honduras Sole Bookrunner Sole Bookrunne
Slide 10: Capital Structure
CAPITAL STRUCTURE Conservative risk profile with strong balance sheet Liquidity & Capital As of June 30, 2020 ($ in thousands) . Our balance sheet, capital levels, and liquidity remain strong during these unprecedented times Total Assets: $2,364,317 . Book value and tangible book value per share rea
Slide 11: Historical Financial Ratios
HISTORICAL FINANCIAL RATIOS Consolidated Adjusted EBITDA ($M) Long-Term Debt to Consolidated Adjusted EBITDA (x) 1.8x* Consolidated Adjusted EBITDA Margin (%) Interest Coverage (x) 6.3x 11
Slide 12: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com