Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q4 2024 Earnings Presentation
12 slides from Oppenheimer's earnings presentation, 2025
Slide 1: Fourth Quarter and Full Year 2024 Investor Update
Oppenheimer Holdings Inc. Fourth Quarter and Full Year 2024 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
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 12/31/2024) Listed NYSE Ticker: OPY $1.4 billion $71.6 million St
Slide 4: Summary Operating Results: 4Q-24 vs. 4Q-23 (Unaudited)
Summary Operating Results: 4Q-24 vs. 4Q-23 (Unaudited) ($000’s, except otherwise indicated) For the 3-Months Ended REVENUE 12/31/2024 12/31/2023 % Change Highlights Revenue of $375.4 million, net income of Commissions $ 113,726 $ 90,074 26.3 % $10.7 million and basic earnings per share of $1.04 for
Slide 5: Summary Operating Results: 2024 vs. 2023 (Unaudited)
Summary Operating Results: 2024 vs. 2023 (Unaudited) ($000’s, except otherwise indicated) For the 12-Months Ended REVENUE 12/31/2024 12/31/2023 % Change Highlights Commissions $ 409,710 $ 349,248 17.3 % Revenue of $1.4 billion, net income of $71.6 million and basic earnings per share Advisory fees 4
Slide 6: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M)1 Earnings per Share ($)1 Shareholders’ Equity ($M)1 1 Attributable to Oppenheimer Holdings Inc. 6
Slide 7: Segment Revenue Breakdown 4Q-24 vs. 4Q-23
Segment Revenue Breakdown 4Q-24 vs. 4Q-23 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 4Q-24 Revenue $375.4 MM Wealth Management 1 $2.6 32% Corp/Other 68% $(18.2) 4Q-23 Revenue $308.3 MM Capital Markets 26% $1.5 71.3 Corp/Other 30% 73% 1Includes $20.5 million (pre-tax)
Slide 8: Segment Revenue Breakdown 2024 vs. 2023
Segment Revenue Breakdown 2024 vs. 2023 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 2024 Revenue $1,432.5 MM Wealth Management $12.8 31% Corp/Other 1 $54.5 68% 2023 Revenue $1,248.8 MM 28% $12.7 71.3 Capital Markets Corp/Other 30% 71% 1Includes $32.6 million (pre-tax)
Slide 9: Wealth Management
Wealth Management Well-recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments • Full-Service Brokerage • Investment Policy Design & Implementation • Hedge Funds & Fund-of-Funds • Financial Planning,
Slide 10: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Retail Services Institutional Equities Capital Markets Revenue ($M) Focus Industries • Sales and Trading • Equity Research Healthcare − 35+ senior research
Slide 11: Capital Structure
Capital Structure Liquidity & Capital As of December 31, 2024 ($ in thousands) • Stockholders’ equity of $850.4 million as of December 31, 2024 Total Assets: $3,382,726 • Book value ($82.31) and tangible book value ($64.96) per share at record levels largely as a result of positive earnings Stockhol
Slide 12: For more information contact Investor Relations at info@opco.com
For more information contact Investor Relations at info@opco.com