Oppenheimer Holdings, Inc. · NYSE:OPY

Oppenheimer — Q2 2021 Earnings Presentation

12 slides from Oppenheimer's earnings presentation, 2021

  1. Slide 1: Oppenheimer Holdings Inc. Second Quarter 2021 Investor Update

    Oppenheimer Holdings Inc. Second Quarter 2021 Investor Update

  2. 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

  3. 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 6/30/21) Listed NYSE Ticker: OPY $340.3 million $31.2 million Rev

  4. Slide 4: Summary Operating Results: 2Q-21 (Unaudited)

    Summary Operating Results: 2Q-21 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 6-30-21 6-30-20 % Change Highlights Commissions $ 96,171 $ 101,636 -5.4% Record second quarter gross revenue was Advisory fees 111,152 75,981 46.3% driven by investment banking revenue and advisory fees Investment b

  5. Slide 5: Select Financial Measures

    Select Financial Measures Net Income ($M) Return on Equity (%) Earnings per Share ($) Shareholders’ Equity ($M) 5

  6. Slide 6: Segment Results (Unaudited)

    Segment Results (Unaudited) ('000s, except per share amounts or otherwise indicated) 2Q-21 2Q-20 %Δ 1H-21 1H-20 %Δ Private Client Revenue $ 166,863 $ 141,825 17.7% $ 330,886 $ 283,243 16.8% Pre-Tax Income $ 21,673 $ 24,349 -11.0% $ 45,936 $ 57,718 -20.4% Assets Under Administration ($Bn) $ 117.3 $ 8

  7. 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 Retail Investments  Full-Service Brokerage  Investment Policy Design &  Hedge Funds & Fund-of-Funds  Financial Planning, Retirement Se

  8. Slide 8: 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 427 Healthcare  Equity Research − 38 senior research analysts cov

  9. Slide 9: Select 2Q-21 Investment Banking Transactions

    Select 2Q-21 Investment Banking Transactions $215,000,000/ $200,000,000/ $150,000,000 $1,000,000,000 $11,100,000,000 $125,000,000 Western Asset Diversified Has acquired Income Fund Financial Institutions Technology Senior Unsecured Convertibles Notes / Financial Institutions Technology Convertible S

  10. Slide 10: Capital Structure

    Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital As of June 30, 2021 ($ in thousands)  Shareholders’ equity reached a record $752.5 million as of June 30, 2021 Total Assets: $2,714,318  Book value ($59.29) and tangible book value ($45.90) per share reached

  11. 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) 11

  12. Slide 12: For more information contact Investor Relations at info@opco.com

    For more information contact Investor Relations at info@opco.com

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