Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q2 2022 Earnings Presentation
11 slides from Oppenheimer's earnings presentation, Aug 1, 2022
Slide 1: Oppenheimer Holdings Inc. Second Quarter 2022 Investor Update
Oppenheimer Holdings Inc. Second Quarter 2022 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: Oppenheimer Snapshot / 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. 3 • Hong Kong, China• London, UK • Geneva, Switzerland • St. Helier, Isle of Jersey • Munich, Germany • Tel Avi
Slide 4: Summary Operating Results: 2Q-22 (Unaudited)
($000’s) For the 3-Months Ended REVENUE 06/30/22 06/30/21 % Change Commissions $ 94,378 $ 96,171 -1.9% Advisory fees 107,405 111,152 -3.4% Investment banking 16,653 104,742 -84.1% Bank deposit sweep income 14,845 3,712 299.9% Interest 11,789 8,909 32.3% Principal transactions, net 1,258 6,305 -80.0%
Slide 5: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M) Earnings per Share ($) Stockholders’ Equity ($M) 5 958.2 1,033.4 1,198.7 1,394.0 340.3 237.2 2018 2019 2020 2021 2Q-21 2Q-22 28.9 53.0 123.0 159.0 31.2 (3.9) 2018 2019 2020 2021 2Q-21 2Q-22 545.3 592.7 685.5 823.9 779.7 2018 2019 2020 2021 6/30/
Slide 6: Segment Revenue Breakdown 2Q-22 vs. 2Q-21
Segment Revenue Breakdown 2Q-22 vs. 2Q-21 6 ($17.9) $39.4 2Q -22 2Q -21 $8.1 $8.6 2Q -22 2Q -21 $38.8 $21.7 2Q -22 2Q -21 Pre-Tax Income Breakdown by Segment ($M)Revenue Breakdown by Segment ($M) 144.5 60%24.3 10% 71.3 30% 2Q-22 $237.2M $(1.7) Corp/Other 166.9 49% 25.5 8% 147.9 43% 2Q-21 $340.3M $(0
Slide 7: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Full-Service Brokerage Financial Planning, Retirement Services, Corporate & Executive Services & Trust Services Margin & Securities Lending Advisory S
Slide 8: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Healthcare Technology Transportation & Logistics Finance & Real Estate Consumer & Retail Energy Capital Markets Revenue Breakdown 2Q-22 Capital Markets Revenue ($M) Investmen
Slide 9: Capital Structure
Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital Book & Tangible Book Value per Share ($) 9 As of June 30, 2022 ($ in thousands) Total Assets: $2,920,581 Stockholders’ Equity: $779,659 Long-Term Debt: $125,000 Total Capitalization: $904,659 Debt to Equity Rat
Slide 10: Historical Financial Ratios
Historical Financial Ratios Consolidated Adjusted EBITDA ($M) Interest Coverage (x)Consolidated Adjusted EBITDA Margin (%) Long-Term Debt to Consolidated Adjusted EBITDA (x) 1.8x* 10 72 103 197 250 164 2018 2019 2020 2021 TTM 6/30/22 2.8x 1.4x 0.6x 0.5x 0.8x 2018 2019 2020 2021 TTM 6/30/22 7.5% 10.0
Slide 11: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com