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OPY logoOppenheimer Holdings Inc.(OPY)Earnings, Financials & Key Ratios

OPY•NYSE•Banking & Credit
$96.39
$1.02B mkt cap·7.4× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryCapital MarketsSub-IndustryWealth Management Platforms
AboutOppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company offers brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, non-discretionary investment advisory and consultation services, alternative investments, portfolio enhancement programs, and institutional taxable fixed income portfolio management strategies and solutions, as well as taxable and non-taxable fixed income portfolios and strategies. In addition, the company offers investment banking services, such as strategic advisory services and capital markets products; merger and acquisition, equities capital market, and debt capital market products and services; and institutional equity sales and trading, equity research, equity derivatives and index options, convertible bonds, and trading services. Further, it provides institutional fixed income sales and trading, fixed income research, public finance, and municipal trading services; repurchase agreements and securities lending services; and proprietary trading and investment activities. Additionally, the company offers underwritings, market-making, trust, and discount services. It serves high-net-worth individuals and families, corporate executives, public and private businesses, institutions and corporations, governments, financial sponsors, and domestic and international investors. Oppenheimer Holdings Inc. was founded in 1881 and is headquartered in New York, New York.Show more
  • Net Interest Income-$89M-0.7%
  • Total Revenue$1.64B+14.4%
  • Net Income$148M+107.4%
  • Return on Equity16.07%+84.1%
  • Net Interest Margin-2.38%+8.5%
  • Efficiency Ratio28.71%+152.0%
  • ROA4.18%+82.6%
  • Equity / Assets26.78%+6.5%
  • Book Value per Share87.28+15.3%
  • Tangible BV/Share71.64+19.9%
  • Debt/Equity0.63-22.0%
Technical→

OPY Key Insights

Oppenheimer Holdings Inc. (OPY) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 28.7% efficiency ratio
  • ✓Momentum leader: RS Rating 87 (top 13%)
  • ✓Well capitalized: 26.8% equity/assets
  • ✓Diversified revenue: 100.0% from non-interest income
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Weak NIM of -2.4%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

OPY Price & Volume

Oppenheimer Holdings Inc. (OPY) stock price & volume — 10-year historical chart

Loading chart...

OPY Growth Metrics

Oppenheimer Holdings Inc. (OPY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.2%
5 Years6.45%
3 Years13.82%
TTM-

Profit CAGR

10 Years54.13%
5 Years3.83%
3 Years66.16%
TTM107.39%

EPS CAGR

10 Years57.37%
5 Years6.99%
3 Years71.84%
TTM103.75%

Return on Capital

10 Years11.38%
5 Years12.33%
3 Years12.27%
Last Year11.95%

OPY Recent Earnings

Oppenheimer Holdings Inc. (OPY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
Q2 2026Latest
May 1, 2026
EPS
$4.21
Revenue
$445M
Q1 2026
Jan 30, 2026
EPS
$6.51
Revenue
$473M
Q4 2025
Oct 31, 2025
EPS
$1.90
Revenue
$424M
Q3 2025
Aug 1, 2025
EPS
$1.91
Revenue
$373M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 1, 2026
$4.21
$445M
Q1 2026Jan 30, 2026
$6.51
$473M
Q4 2025Oct 31, 2025
$1.90
$424M
Q3 2025Aug 1, 2025
$1.91
$373M
Based on last 12 quarters of dataView full earnings history →

OPY Peer Comparison

Oppenheimer Holdings Inc. (OPY) competitors in Wealth Management Platforms — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
SF logoSFStifel Financial Corp.Direct Competitor12.15B78.4813.356.94%11.96%0.36
PIPR logoPIPRPiper Sandler CompaniesDirect Competitor5.74B80.5720.3528.55%19.32%0.07
MC logoMCMoelis & CompanyDirect Competitor4.68B63.7921.7026.98%37.88%0.39
HLI logoHLIHoulihan Lokey, Inc.Direct Competitor10.27B147.2325.3024.81%20.14%0.20
LAZ logoLAZLazard LtdDirect Competitor4.37B46.5621.463.25%26.7%2.61
PWP logoPWPPerella Weinberg PartnersDirect Competitor1.96B19.3435.16-14.48%16.26%1.36
RJF logoRJFRaymond James Financial, Inc.Product Competitor31.41B159.3715.477.94%16.36%0.36
LPLA logoLPLALPL Financial Holdings Inc.Product Competitor26.05B324.8829.7537.18%18.57%1.36

Compare OPY vs Peers

Oppenheimer Holdings Inc. (OPY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SF

Most directly comparable listed peer for OPY.

Scale Benchmark

vs MS

Larger-name benchmark to compare OPY against a more recognizable public peer.

Peer Set

Compare Top 5

vs SF, PIPR, MC, HLI

OPY Income Statement

Oppenheimer Holdings Inc. (OPY) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income-28.35M-46.4M-45.69M-15.68M-9.86M-23.85M-68.6M-87.99M-88.59M
NII Growth %-45.88%-63.63%1.53%65.68%37.15%-141.97%-187.68%-28.27%-0.69%
Net Interest Margin %-1.16%-2.07%-1.85%-0.58%-0.32%-0.88%-2.39%-2.6%-2.38%
Interest Income000000000
Interest Expense28.35M46.4M45.69M15.68M9.86M23.85M68.6M87.99M88.59M
Loan Loss Provision597.33M583.78M633.99M778.29M899.29M742.55M738.73M876.46M711.61M
Non-Interest Income920.34M958.15M1.03B1.2B1.39B1.11B1.25B1.43B1.64B
Non-Interest Income %100%100%100%100%100%100%100%100%100%
Total Revenue
920.34M▲ 0%
958.15M▲ 4.1%
1.03B▲ 7.9%
1.2B▲ 16.0%
1.39B▲ 16.3%
1.11B▼ 20.3%
1.25B▲ 12.4%
1.43B▲ 14.7%
1.64B▲ 14.4%
Revenue Growth %7.29%4.11%7.85%15.99%16.3%-20.31%12.41%14.71%14.35%
Non-Interest Expense133.14M135.65M143.79M144.48M140.59M145.37M157.32M163.21M470.37M
Efficiency Ratio14.47%14.16%13.91%12.05%10.09%13.09%12.6%11.39%28.71%
Operating Income
161.51M▲ 0%
192.33M▲ 19.1%
209.92M▲ 9.1%
260.21M▲ 24.0%
344.3M▲ 32.3%
199.18M▼ 42.2%
284.18M▲ 42.7%
304.83M▲ 7.3%
367.5M▲ 20.6%
Operating Margin %17.55%20.07%20.31%21.71%24.7%17.93%22.76%21.28%22.43%
Operating Income Growth %38.33%19.08%9.15%23.96%32.32%-42.15%42.68%7.27%20.56%
Pretax Income
19.55M▲ 0%
44.85M▲ 129.4%
74.91M▲ 67.0%
169M▲ 125.6%
224.64M▲ 32.9%
45.55M▼ 79.7%
46.77M▲ 2.7%
105.76M▲ 126.1%
211.19M▲ 99.7%
Pretax Margin %2.12%4.68%7.25%14.1%16.11%4.1%3.75%7.38%12.89%
Income Tax-2.13M15.98M21.96M46.01M65.68M13.44M16.5M34.51M63.23M
Effective Tax Rate %-10.91%35.62%29.31%27.23%29.24%29.51%35.27%32.63%29.94%
Net Income
22.82M▲ 0%
28.89M▲ 26.6%
52.95M▲ 83.3%
122.99M▲ 132.3%
158.96M▲ 29.3%
32.35M▼ 79.6%
30.18M▼ 6.7%
71.56M▲ 137.1%
148.4M▲ 107.4%
Net Margin %2.48%3.02%5.12%10.26%11.4%2.91%2.42%5%9.06%
Net Income Growth %2065.2%26.63%83.28%132.25%29.25%-79.65%-6.71%137.11%107.39%
Net Income (Continuing)21.69M28.89M52.95M122.99M158.96M32.11M30.27M71.25M147.96M
EPS (Diluted)
1.67▲ 0%
2.05▲ 22.8%
3.82▲ 86.3%
9.30▲ 143.5%
11.70▲ 25.8%
2.57▼ 78.0%
2.59▲ 0.8%
6.37▲ 145.9%
13.04▲ 104.7%
EPS Growth %2023.96%22.75%86.34%143.46%25.81%-78.03%0.78%145.95%104.71%
EPS (Basic)1.722.184.109.7312.572.772.816.9314.13
Diluted Shares Outstanding13.67M14.06M13.85M13.22M13.58M12.61M11.65M11.23M11.42M

OPY Balance Sheet

Oppenheimer Holdings Inc. (OPY) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments48.15M90.67M79.55M35.42M213.76M112.43M28.84M33.15M38.41M
Cash & Due from Banks48.15M90.67M79.55M35.42M213.76M112.43M28.84M33.15M38.41M
Short Term Investments000000000
Total Investments927.25M837.87M799.72M610.52M369.01M322.87M111.77M92.6M71.3M
Investments Growth %26.83%-9.64%-4.55%-23.66%-39.56%-12.5%-65.38%-17.15%-23%
Long-Term Investments927.25M837.87M799.72M610.52M369.01M322.87M111.77M92.6M71.3M
Accounts Receivables848.23M720.78M796.93M1.11B1.22B1.2B1.06B1.27B1.42B
Goodwill & Intangibles169.59M169.99M169.99M169.99M169.99M169.99M176.5M179.32M178.65M
Goodwill137.89M137.89M137.89M137.89M137.89M137.89M142.16M143.61M143.61M
Intangible Assets31.7M32.1M32.1M32.1M32.1M32.1M34.34M35.71M35.04M
PP&E (Net)27.19M28.99M191.67M181.26M178.16M179.37M184.43M172.01M151.51M
Other Assets145.31M206.83M166.34M272.88M205.84M184.44M190.76M211.36M261.02M
Total Current Assets1.04B982.55M1.14B1.48B2.12B1.86B2.21B2.73B3.06B
Total Non-Current Assets1.4B1.26B1.33B1.23B923M856.67M663.47M655.29M662.48M
Total Assets
2.44B▲ 0%
2.24B▼ 8.1%
2.46B▲ 10.0%
2.71B▲ 10.1%
3.04B▲ 12.1%
2.71B▼ 10.8%
2.87B▲ 5.9%
3.38B▲ 17.7%
3.72B▲ 10.0%
Asset Growth %9.01%-8.13%10.02%10.11%12.14%-10.81%5.91%17.67%10.04%
Return on Assets (ROA)0.98%1.23%2.25%4.75%5.52%1.12%1.08%2.29%4.18%
Accounts Payable92.5M87.63M44.73M44.79M76.66M102.2M82.81M65.76M73.6M
Total Debt960.5M731.61M612.69M663.73M640.79M633.23M593.57M687.59M628.47M
Net Debt912.35M640.93M533.14M628.3M427.03M520.79M564.73M654.44M590.06M
Long-Term Debt918.09M715.26M409.55M470.35M448.77M450.66M410.29M514.27M473.54M
Short-Term Debt42.41M16.35M0000000
Other Liabilities632.04M651.49M335.16M502.36M680.43M436.53M924.66M1.36B1.54B
Total Current Liabilities552.03M582.99M666.09M567.74M724.98M791.97M529M445.88M510.6M
Total Non-Current Liabilities1.36B1.11B1.21B1.46B1.37B1.1B1.56B2.09B2.21B
Total Liabilities1.91B1.69B1.87B2.03B2.09B1.89B2.09B2.53B2.73B
Total Equity
523.91M▲ 0%
1.17B▲ 123.2%
592.72M▼ 49.3%
685.67M▲ 15.7%
953.03M▲ 39.0%
820.42M▼ 13.9%
789.24M▼ 3.8%
850.39M▲ 7.7%
997.03M▲ 17.2%
Equity Growth %2.06%123.19%-49.31%15.68%38.99%-13.91%-3.8%7.75%17.24%
Equity / Assets (Capital Ratio)21.48%52.19%24.05%25.27%31.32%30.22%27.45%25.14%26.78%
Return on Equity (ROE)4.4%3.41%6.01%19.24%19.4%3.65%3.75%8.73%16.07%
Book Value per Share38.3283.1642.7951.8870.1665.0767.7775.7387.28
Tangible BV per Share25.9171.0730.5239.0257.6551.5952.6159.7671.64
Common Stock58.49M53.39M46.56M39.33M13K11K10K10K10K
Additional Paid-in Capital36.55M41.78M47.41M41.48M78.03M28.63M31.77M29.73M32.7M
Retained Earnings426.93M449.99M497M601.41M740.93M764.18M756.47M819.96M947.41M
Accumulated OCI1.58M165K1.76M3.45M4.22M1.42M914K691K3.7M
Treasury Stock000000000
Preferred Stock426.93M449.99M0000000

OPY Cash Flow Statement

Oppenheimer Holdings Inc. (OPY) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-16.14M168.57M79.14M-54.06M227.79M64.49M-18.81M-108.17M188.75M
Operating CF Growth %75.87%1144.68%-53.05%-168.31%521.37%-71.69%-129.17%-475.06%274.5%
Net Income22.82M28.89M52.95M122.99M158.96M32.11M30.18M71.56M147.96M
Depreciation & Amortization5.66M6.87M32.82M33.29M34.12M34.41M37.2M37.28M37.74M
Deferred Taxes-2.04M2.77M9.88M21.34M-792K-14.62M6.46M3.55M4.83M
Other Non-Cash Items12.55M12.92M12.93M12.16M16.59M10.86M16.16M18.07M16.48M
Working Capital Changes-67.69M110.41M-41.28M-260.08M-12.22M-14.19M-125.82M-284.14M-50.47M
Cash from Investing-3.87M-8.19M-8.3M-3.94M-6.27M-14.14M-15.56M-3.84M-1.39M
Purchase of Investments00-249.94M0-144.25M-233.03M000
Sale/Maturity of Investments0053.28M269.98M935K156.03M000
Net Investment Activity00-196.66M269.98M-143.32M-77M000
Acquisitions00196.66M0143.32M77M-2.93M-2.35M0
Other Investing1.74M481K1.72M-269.39M2M2.17M4.42M3.66M3.81M
Cash from Financing3.24M-117.86M-81.96M13.87M84.58M-253.91M-74.76M116.32M-182.11M
Dividends Paid-5.84M-5.83M-5.94M-18.58M-19.44M-7.04M-6.45M-6.84M-7.58M
Share Repurchases-7.46M-5.89M-8.4M-15.05M-7.74M-60.64M-35.12M-9.6M-2.98M
Stock Issued26K70K83K56K126.56M127K75K64K0
Net Stock Activity-7.44M-5.82M-8.32M-14.99M118.82M-60.51M-35.05M-9.54M-2.98M
Debt Issuance (Net)1000K-1000K-1000K1000K-1000K-1000K-1000K1000K-1000K
Other Financing-5.98M-2.9M-2.7M-9.56M-1.84M-105.91M-32.26M-6.34M7.06M
Net Change in Cash
-16.76M▲ 0%
42.52M▲ 353.7%
-11.13M▼ 126.2%
-44.13M▼ 296.6%
306.1M▲ 793.7%
-203.56M▼ 166.5%
-109.13M▲ 46.4%
4.32M▲ 104.0%
5.25M▲ 21.8%
Exchange Rate Effect000000000
Cash at Beginning64.91M48.15M90.67M79.55M35.42M341.52M137.97M28.84M33.15M
Cash at End48.15M90.67M79.55M35.42M341.52M137.97M28.84M33.15M38.41M
Interest Paid23.9M53.56M40.68M19.01M10.09M22.81M68.4M88.8M86.91M
Income Taxes Paid011.52M16.82M11.19M62.38M37.51M20.58M21.27M46.14M
Free Cash Flow
-21.75M▲ 0%
159.5M▲ 833.4%
69.12M▼ 56.7%
-58.59M▼ 184.8%
219.52M▲ 474.7%
48.18M▼ 78.1%
-35.87M▼ 174.4%
-113.32M▼ 215.9%
183.56M▲ 262.0%
FCF Growth %70.04%833.43%-56.67%-184.76%474.69%-78.05%-174.44%-215.94%261.99%

OPY Banking Ratios

Oppenheimer Holdings Inc. (OPY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-0.22%4.4%3.41%6.01%19.24%19.4%3.65%3.75%8.73%16.07%
Return on Assets (ROA)-0.05%0.98%1.23%2.25%4.75%5.52%1.12%1.08%2.29%4.18%
Net Interest Margin-0.87%-1.16%-2.07%-1.85%-0.58%-0.32%-0.88%-2.39%-2.6%-2.38%
Efficiency Ratio15.29%14.47%14.16%13.91%12.05%10.09%13.09%12.6%11.39%28.71%
Equity / Assets22.95%21.48%52.19%24.05%25.27%31.32%30.22%27.45%25.14%26.78%
Book Value / Share38.438.3283.1642.7951.8870.1665.0767.7775.7387.28
NII Growth-19.03%-45.88%-63.63%1.53%65.68%37.15%-141.97%-187.68%-28.27%-0.69%
Dividend Payout-25.58%20.19%11.22%15.11%12.23%21.77%21.38%9.57%5.1%

OPY SEC Filings & Documents

Oppenheimer Holdings Inc. (OPY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 27, 2026·SEC

Material company update

Feb 2, 2026·SEC

Material company update

Jan 30, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Mar 1, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

FY 2025

Apr 25, 2025·SEC

OPY Frequently Asked Questions

Oppenheimer Holdings Inc. (OPY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Oppenheimer Holdings Inc. (OPY) grew revenue by 14.4% over the past year. This is steady growth.

Yes, Oppenheimer Holdings Inc. (OPY) is profitable, generating $148.4M in net income for fiscal year 2025 (9.1% net margin).

Dividend & Returns

Yes, Oppenheimer Holdings Inc. (OPY) pays a dividend with a yield of 0.69%. This makes it attractive for income-focused investors.

Oppenheimer Holdings Inc. (OPY) has a return on equity (ROE) of 16.1%. This is reasonable for most industries.

Industry Metrics

Oppenheimer Holdings Inc. (OPY) has a net interest margin (NIM) of -2.4%. NIM has been under pressure due to interest rate environment.

Oppenheimer Holdings Inc. (OPY) has an efficiency ratio of 28.7%. This is excellent, indicating strong cost control.

Explore More OPY

Oppenheimer Holdings Inc. (OPY) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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