Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q3 2022 Earnings Presentation
11 slides from Oppenheimer's earnings presentation, 2022
Slide 1: Third Quarter 2022 Investor Update
Oppenheimer Holdings Inc. Third 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. ("Oppenheimer” or the “company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, a
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 9/30/22) $294.1 million $4.5 million Listed NYSE Ticker: OPY Reve
Slide 4: Summary Operating Results: 3Q-22 (Unaudited)
Summary Operating Results: 3Q-22 (Unaudited) ($000’s, except per share amounts or For the 3-Months Ended otherwise indicated) Highlights REVENUE 9/30/22 9/30/21 % Change Commissions $ 89,608 $ 90,889 -1.4% Gross revenue, net income, and earnings per share for the 3Q-22 reflected the positive Advisor
Slide 5: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M) 1,394.0 159.0 1,198.7 1,033.4 123.0 958.2 53.0 315.3 294.1 28.9 26.3 4.5 2018 2019 2020 2021 3Q-21 3Q-22 2018 2019 2020 2021 3Q-21 3Q-22 Earnings per Share ($) Stockholders’ Equity ($M) 823.9 770.7 12.57 685.5 592.7 9.73 11.7 545.3 9.3 4.10 2.18
Slide 6: Segment Revenue Breakdown 3Q-22 vs. 3Q-21
Segment Revenue Breakdown 3Q-22 vs. 3Q-21 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 3Q-21 $37.4 3Q-22 Revenue $294.1M Private Client 3Q-22 90.9 $30.0 31% (0.3) $(5.0) $5.0 $15.0 $25.0 $35.0 $45.0 Corp/Other 178.6 24.9 61% 8% 3Q-21 $9.4 Asset Management 3Q-22 $8.3 3Q-
Slide 7: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments Full-Service Brokerage Investment Policy Design & Hedge Funds & Fund-of-Funds Financial Planning, Retirement Se
Slide 8: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Retail Services Institutional Equities Capital Markets Revenue ($M) Focus Industries Sales and Trading Equity Research 626 Healthcare − 35+ senior rese
Slide 9: Capital Structure
Capital Structure Conservative risk profile with strong balance sheet Liquidity & Capital As of September 30, 2022 ($ in thousands) • Stockholders’ equity of $770.7 million as of September 30, 2022 Total Assets: $2,856,025 • Book value ($70.23) and tangible book value ($54.74) per share reached reco
Slide 10: Historical Financial Ratios
Historical Financial Ratios Consolidated Adjusted EBITDA ($M) Long-Term Debt to Consolidated Adjusted EBITDA (x) 250 197 2.8x 134 103 72 1.4x 0.9x 0.6x 0.5x 2018 2019 2020 2021 TTM 9/30/22 2018 2019 2020 2021 TTM 9/30/22 Consolidated Adjusted EBITDA Margin (%) Interest Coverage (x) 18.0% 36.4x 16.5%
Slide 11: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com