Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q3 2021 Earnings Presentation
13 slides from Oppenheimer's earnings presentation, 2021
Slide 1: Oppenheimer Holdings Inc. Third Quarter 2021 Investor Update
Oppenheimer Holdings Inc. Third Quarter 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
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 9/30/21) Listed NYSE Ticker: OPY $315.3 million $26.3 million Rev
Slide 4: Summary Operating Results: 3Q-21 (Unaudited)
Summary Operating Results: 3Q-21 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 9/30/2021 9/30/2020 % Change Highlights Commissions $ 90,889 $ 92,241 -1.5% Record third quarter gross revenue was driven by investment banking revenue and Advisory fees 116,751 88,595 31.8% asset management advisor
Slide 5: Summary Operating Results: YTD 9/30/21 (Unaudited)
Summary Operating Results: YTD 9/30/21 (Unaudited) ($000’s) For the 9-Months Ended REVENUE 9/30/2021 9/30/2020 % Change Highlights Commissions $ 300,531 $ 297,126 1.1% Record revenue, net income, and earnings per share for the first nine months of the Advisory fees 332,399 250,740 32.6% year Investm
Slide 6: Select Financial Measures
Select Financial Measures Net Income ($M) Return on Equity (%) 123.0 19.2% 53.0 9.3% 28.9 26.3 4.4% 5.4% 22.8 2.6% 3.4% 15.6 2017 2018 2019 2020 3Q-20 3Q-21 2017 2018 2019 2020 3Q-20 3Q-21 Earnings per Share ($) Shareholders’ Equity ($M) 775 9.73 686 593 524 545 4.10 9.30 2.18 2.07 1.72 1.25 3.82 1.
Slide 7: Segment Revenue Breakdown 3Q-21 vs. 3Q-20
Segment Revenue Breakdown 3Q-21 vs. 3Q-20 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 7
Slide 8: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments Full-Service Brokerage Investment Policy Design & Hedge Funds & Fund-of-Funds Financial Planning, Retirement Se
Slide 9: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Institutional Equities Capital Markets Revenue ($M) Focus Industries Sales and Trading Healthcare 427 460 Equity Research − 38 senior research analysts
Slide 10: Select 3Q-21 Investment Banking Transactions
Select 3Q-21 Investment Banking Transactions Undisclosed $1,379,999,888 $425,000,000 $2,040,000,000 Sale to Technology Technology Financial Institutions Rental Services Follow-On Convertible Senior Notes Offering Initial Public Offering Exclusive Financial Advisor Co-Manager Joint Active Bookrunner
Slide 11: Capital Structure
Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital As of September 30, 2021 ($ in thousands) Shareholders’ equity reached a record $775.0 million as of September 30, 2021 Total Assets: $2,891,400 Book value ($61.43) and tangible book value ($47.95) per shar
Slide 12: Historical Financial Ratios
Historical Financial Ratios Consolidated Adjusted EBITDA ($M) Long-Term Debt to Consolidated Adjusted EBITDA (x) 1.8x* Consolidated Adjusted EBITDA Margin (%) Interest Coverage (x) 12
Slide 13: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com