{"schema_version":"secwatch.filing_event.v1","accession":"0000791963-23-000002","form_type":"8-K","ticker":"OPY","cik":"0000791963","company_name":"OPPENHEIMER HOLDINGS INC","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.098826+00:00","generated_at":"2026-06-20T07:33:32.768755+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Oppenheimer Q4 net income drops 64% YoY to $22.4M; full year EPS $2.77 vs $12.57","bullets":["Net income $22.4M ($2.04 basic EPS) in Q4, down from $62.9M ($4.99) a year ago; revenue fell 14% to $313.6M.","Full year net income $32.4M ($2.77 EPS) vs $159M ($12.57); revenue $1.1B, down 20% YoY.","Capital Markets segment posted Q4 pre-tax loss of $11.3M vs $96.8M profit in prior year, hit by M&A slowdown.","Private Client revenue rose 16% to $201.7M on record bank deposit sweep income of $49.6M.","Repurchased 1.68M shares at avg $36.00 during year; declared $0.15 quarterly dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0000791963-23-000002","json":"https://secwatch.observer/filing/0000791963-23-000002.json","markdown":"https://secwatch.observer/filing/0000791963-23-000002.md","text":"https://secwatch.observer/filing/0000791963-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000002/0000791963-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000002/opy-20230127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:33:32.768755+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":"120288a2838be0f7fda1730dd7b3f14dea9507dc","claim":"OPPENHEIMER HOLDINGS INC reported the year ended December 31, 2022 results: revenue $1.1 billion, net income $32.4 million, EPS $2.77 basic earnings per share.","evidence_excerpt":"For the year ended December 31, 2022, the Company reported net income of $32.4 million or $2.77 basic earnings per share compared with net income of $159.0 million or $12.57 basic earnings per share for the year ended December 31, 2021. Revenue for the year ended December 31, 2022 was $1.1 billion compared to revenue of $1.4 billion for the year ended December 31, 2021, a decrease of 20.3%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000002/0000791963-23-000002-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$1.1 billion"},{"label":"Net income","value":"$32.4 million"},{"label":"EPS","value":"$2.77 basic earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"48c93ede5a786eb7b03e2c5c1db6018fa3778454","claim":"OPPENHEIMER HOLDINGS INC reported the fourth quarter of 2022 results: revenue $313.6 million, net income $22.4 million, EPS $2.04 basic earnings per share.","evidence_excerpt":"Oppenheimer Holdings Inc. (NYSE: OPY) (the \"Company\" or \"Firm\") today reported net income of $22.4 million or $2.04 basic earnings per share for the fourth quarter of 2022 compared with net income of $62.9 million or $4.99 basic earnings per share for the fourth quarter of 2021. Revenue for the fourth quarter of 2022 was $313.6 million compared to revenue of $365.1 million for the fourth quarter of 2021, a decrease of 14.1%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000002/0000791963-23-000002-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Revenue","value":"$313.6 million"},{"label":"Net income","value":"$22.4 million"},{"label":"EPS","value":"$2.04 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"}