Oppenheimer Holdings, Inc. · NYSE:OPY

Oppenheimer — Q4 2022 Earnings Presentation

12 slides from Oppenheimer's earnings presentation, 2023

  1. Slide 1: Fourth Quarter and Full Year 2022 Investor Update

    Oppenheimer Holdings Inc. Fourth Quarter and Full Year 2022 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 12/31/22) $1.1 billion $32.4 million Listed NYSE Ticker: OPY Reve

  4. Slide 4: Summary Operating Results: 4Q-22 vs. 4Q-21 (Unaudited)

    Summary Operating Results: 4Q-22 vs. 4Q-21 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 12/31/22 12/31/21 % Change Highlights Commissions $88,075 $101,076 -12.9% Reduced revenue, net income, and earnings per share for 4Q-22 reflected lower transaction Advisory fees 99,517 118,798 -16.2% level

  5. Slide 5: Summary Operating Results: 2022 vs. 2021 (Unaudited)

    Summary Operating Results: 2022 vs. 2021 (Unaudited) ($000’s) For the 12-Months Ended Highlights REVENUE 12/31/22 12/31/21 % Change Revenue of $1.1 billion, net income of $32.4 Commissions $370,382 $401,607 -7.8% million and basic earnings per share of $2.77 for the full year 2022 Advisory fees 425,

  6. Slide 6: Select Financial Measures

    Select Financial Measures Revenue ($M) Net Income ($M) 1,394.0 1,198.7 159.0 1,110.9 1,033.4 958.2 123.0 53.0 28.9 32.4 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Earnings per Share ($) Stockholders’ Equity ($M) 823.9 794.2* 685.5 12.57 592.7 545.3 9.73 11.70 4.10 9.30 2.18 2.77 3.82 2.57 2.0

  7. Slide 7: Segment Revenue Breakdown: 4Q-22 vs. 4Q-21

    Segment Revenue Breakdown: 4Q-22 vs. 4Q-21 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 4Q-21 4Q-22 Revenue Sweep Income / $17.8 $313.6M Interest $68.5 Private Client 4Q-22 $90.6 $49.3 29% (1.6) Corp/Other $(5.0) $5.0 $15.0 $25.0 $35.0 $45.0 $22.9 $201.7 7% 64% 4Q-21 $1

  8. Slide 8: Segment Revenue Breakdown: 2022 vs. 2021

    Segment Revenue Breakdown: 2022 vs. 2021 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 2022 Sweep Income / 2021 $101.1 $1,110.9M Interest $156.4 Private Client $337.8 30% (1.8) 2022 $142.3 Corp/Other $99.2 $675.7 9% 61% 2021 $35.9 Asset Management 2021 2022 $35.8 $1,394.

  9. 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

  10. 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 − 35+ senior rese

  11. Slide 11: Capital Structure

    Capital Structure Liquidity & Capital As of December 31, 2022 ($ in thousands)  Stockholders’ equity of $794.2 million as of December 31, 2022 Total Assets: $2,713,557  Book value ($72.41) and tangible book value ($56.91) per share reached record levels at December 31, 2022 Stockholders’ Equity: $

  12. Slide 12: For more information contact Investor Relations at info@opco.com

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

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