{"schema_version":"secwatch.filing_event.v1","accession":"0000791963-22-000067","form_type":"8-K","ticker":"OPY","cik":"0000791963","company_name":"OPPENHEIMER HOLDINGS INC","filed_at":"2022-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.578469+00:00","generated_at":"2026-06-22T23:02:13.229818+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Oppenheimer Q3 net income drops 83% to $4.5M, EPS $0.40, on adverse arbitration and market headwinds","bullets":["Revenue $294.1M, down 6.7% YoY; net income $4.5M vs $26.3M; EPS $0.40 vs $2.07.","Adverse arbitration decision in September drove non-comp expense up; decision has been appealed.","Private Client revenue up 11% to $178.6M on $35.8M bank deposit sweep income (up 815% YoY); pre-tax income $30M.","Capital Markets revenue fell 29.3% to $90.9M; advisory fees down 43.5%, equity underwriting down 80.8%.","Company repurchased 413,052 shares at avg $33.86; declared $0.15/sh dividend payable Nov 25 to holders of record Nov 11."],"urls":{"canonical":"https://secwatch.observer/filing/0000791963-22-000067","json":"https://secwatch.observer/filing/0000791963-22-000067.json","markdown":"https://secwatch.observer/filing/0000791963-22-000067.md","text":"https://secwatch.observer/filing/0000791963-22-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/791963/000079196322000067/0000791963-22-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/791963/000079196322000067/opy-20221028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T23:02:13.229818+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7887439e7f841804a4a26e32a97e07f95e1b015f","claim":"OPPENHEIMER HOLDINGS INC reported the third quarter of 2022 results: revenue $294.1 million, net income $4.5 million, EPS $0.40 basic earnings per share.","evidence_excerpt":"Oppenheimer Holdings Inc. Reports Third Quarter 2022 Earnings New York, October 28, 2022 – Oppenheimer Holdings Inc. (NYSE: OPY) (the \"Company\" or \"Firm\") today reported net income of $4.5 million or $0.40 basic earnings per share for the third quarter of 2022, compared with net income of $26.3 million or $2.07 basic earnings per share for the third quarter of 2021. Revenue for the third quarter of 2022 was $294.1 million, a decrease of 6.7%, compared to revenue of $315.3 million for the third quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/791963/000079196322000067/0000791963-22-000067-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2022"},{"label":"Revenue","value":"$294.1 million"},{"label":"Net income","value":"$4.5 million"},{"label":"EPS","value":"$0.40 basic earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}