Oppenheimer Holdings, Inc. · NYSE:OPY
Oppenheimer — Q3 2023 Earnings Presentation
10 slides from Oppenheimer's earnings presentation, 2023
Slide 1: Third Quarter 2023 Investor Update
Oppenheimer Holdings Inc. Third Quarter 2023 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 9/30/23) Listed NYSE Ticker: OPY $312.7 million $13.9 million Rev
Slide 4: Summary Operating Results: 3Q-23 vs. 3Q-22 (Unaudited)
Summary Operating Results: 3Q-23 vs. 3Q-22 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 9/30/23 9/30/22 % Change Highlights Commissions $ 83,933 $ 89,608 -6.3% Increased revenue for the third quarter of 2023 is primarily driven by a rise in interest sensitive Advisory fees 107,969 102,927 4.9
Slide 5: Select Financial Measures
Select Financial Measures Revenue ($M) Net Income ($M)1 1,394.0 159.0 1,198.7 1,110.9 123.0 1,033.4 53.0 294.1 312.7 32.4 13.9 4.5 2019 2020 2021 2022 3Q-22 3Q-23 2019 2020 2021 2022 3Q-22 3Q-23 Earnings per Share ($)1 Shareholders’ Equity ($M)1 12.57 823.9 794.2 770.7 779.3 9.73 11.70 685.5 9.30 4.
Slide 6: Segment Revenue Breakdown 3Q-23 vs. 3Q-22
Segment Revenue Breakdown 3Q-23 vs. 3Q-22 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 3Q-23 Revenue $312.7MM 3Q-22 $30.0 Sweep Income Private Client / Interest 79.6 94.6 26% 63.6 90.3 30% 3Q-23 $54.5 $65.2 28% 4.0 Corp/Other 203.4 20.8 1% 63% 7% 193.3 203.4 201.2 62% 3
Slide 7: Wealth Management
Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments Full-Service Brokerage Investment Policy Design & Hedge Funds & Fund-of-Funds Financial Planning, Retirement Se
Slide 8: Capital Markets
Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Retail Services Institutional Equities Capital Markets Revenue ($M) Focus Industries Sales and Trading Equity Research Healthcare 626 − 35+ senior rese
Slide 9: Capital Structure
Capital Structure As of September 30, 2023 ($ in thousands) Liquidity & Capital Stockholders’ equity of $779.3 million as of September 30, 2023 Total Assets: $2,975,374 Book value of $75.01 and tangible book value of $58.65 per share reached new record highs as a result of positive earnings and
Slide 10: For more information contact Investor Relations
For more information contact Investor Relations at info@opco.com