Oppenheimer Holdings, Inc. · NYSE:OPY

Oppenheimer — Q1 2024 Earnings Presentation

10 slides from Oppenheimer's earnings presentation, 2024

  1. Slide 1: First Quarter 2024 Investor Update

    Oppenheimer Holdings Inc. First Quarter 2024 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. ("Oppenheimer” or the “company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, a

  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 3/31/24) Listed NYSE Ticker: OPY $353.1 million $26.1 million Rev

  4. Slide 4: Summary Operating Results: 1Q-24 vs 1Q-23 (Unaudited)

    Summary Operating Results: 1Q-24 vs 1Q-23 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 3/31/24 3/31/23 % Change Highlights Commissions $ 95,850 $ 86,697 10.6% Increased revenue for the first quarter of 2024 was primarily driven by a significant improvement Advisory fees 114,847 100,544 14.2%

  5. Slide 5: Select Financial Measures

    Select Financial Measures Revenue ($M) Net Income ($M)1 1,394.0 159.0 1,198.7 1,248.8 1,110.9 123.0 321.7 353.1 32.4 30.1 26.1 14.6 2020 2021 2022 2023 1Q-23 1Q-24 2020 2021 2022 2023 1Q-23 1Q-24 Earnings per Share ($)1 Stockholders’ Equity ($M)1 12.57 823.9 794.2 800.4 801.5 789.2 685.5 9.73 11.70

  6. Slide 6: Segment Revenue Breakdown 1Q-24 vs 1Q-23

    Segment Revenue Breakdown 1Q-24 vs 1Q-23 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 1Q-23 1Q-24 Revenue $54.5 $353.1MM Sweep/Interest Income Private Client $112.1 1Q-24 $56.9 32% 79.6 $68.2 26% 90.3 28% $54.5 $3.1 $24.9 Corp/Other $(5.0) $5.0 $15.0 $25.0 $35.0 $45.0 2

  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 Implementation  Private Equity  Fi

  8. Slide 8: 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 − 35+ senior rese

  9. Slide 9: Capital Structure

    Capital Structure As of March 31, 2024 ($ in thousands) Liquidity & Capital  Stockholders’ equity of $801.5 million as of March 31, 2024 Total Assets: $3,251,890  Book value ($77.47) and tangible book value ($60.41) per share increased from the prior year period largely as a result of share repurc

  10. Slide 10: For more information contact Investor Relations at info@opco.com

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

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