Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q4 2021 Earnings Presentation
14 slides from Oppenheimer's earnings presentation, 2022
Slide 1: Fourth Quarter and Full Year 2021 Investor Update
Oppenheimer Holdings Inc. Fourth Quarter and Full Year 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 12/31/21) Listed NYSE Ticker: OPY $1.4 billion $159.0 million Rev
Slide 4: Summary Operating Results: 4Q-21 (Unaudited)
Summary Operating Results: 4Q-21 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 12/31/21 12/30/20 % Change Highlights Commissions $ $ 97,971 3.2% The comparison of revenue for the 4Q-21 to 101,076 the 4Q-20 was significantly impacted by a Advisory fees 118,798 204,521 -41.9% reduction in incent
Slide 5: Summary Operating Results: 2021 (Unaudited)
Summary Operating Results: 2021 (Unaudited) ($000’s) For the 12-Months Ended REVENUE 12/31/21 12/31/20 % Change Highlights Commissions $ 401,607 $ 395,097 1.6% Record revenue of $1.4 billion, net income of $159.0 million, and basic earnings per share Advisory fees 451,197 455,261 -0.9% of $12.57 for
Slide 6: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M) +16% +29% Earnings per Share ($) Stockholders’ Equity ($M) 6
Slide 7: Segment Revenue Breakdown 4Q-21 vs. 4Q-20
Segment Revenue Breakdown 4Q-21 vs. 4Q-20 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 4Q-20 4Q-21 $(1.7) Corp/Other 4Q-20 4Q-21 4Q-20 $0.6 Corp/Other 4Q-21 7
Slide 8: Segment Revenue Breakdown 2021 vs. 2020
Segment Revenue Breakdown 2021 vs. 2020 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 2020 2021 $(1.3) Corp/Other 2020 2021 2020 $1,198.7M 2020 $(0.4) Corp/Other 2021
Slide 9: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments Full-Service Brokerage Investment Policy Design & Hedge Funds & Fund-of-Funds Financial Planning, Retirement Se
Slide 10: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Retail Services Institutional Equities Capital Markets Revenue ($M) Focus Industries Sales and Trading 626 Healthcare Equity Research − 38 senior resea
Slide 11: Select 4Q-21 Investment Banking Transactions
Select 4Q-21 Investment Banking Transactions $104,844,800 $3,740,000,000 Undisclosed $402,500,000 Sale to A Portfolio Company of Healthcare Financial Institutions Technology Confidentially Marketed Initial Public Offering Business Combination Rental Services Public Offering Joint Book-Running Manage
Slide 12: Capital Structure
Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital As of December 31, 2021 ($ in thousands) Stockholders’ equity reached a record $823.8 million as of December 31, 2021 Total Assets: $3,044,839 Book value ($65.66) and tangible book value ($52.11) per share
Slide 13: Historical Financial Ratios
Historical Financial Ratios Consolidated Adjusted EBITDA ($M) Long-Term Debt to Consolidated Adjusted EBITDA (x) 1.8x* Consolidated Adjusted EBITDA Margin (%) Interest Coverage (x) 13
Slide 14: For more information contact Investor Relations at info@opco.com
For more information contact Investor Relations at info@opco.com