secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000791963-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oppenheimer Q1 net income $14.6M ($1.32 EPS), revenue up 21% to $321.7M
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- Net income of $14.6M up 57% from $9.3M in Q1 2022; diluted EPS $1.22 vs $0.69.
- Revenue $321.7M, +20.9% YoY; Private Client revenue up 35% to $203.4M on higher sweep and margin income.
- Capital Markets revenue $90.3M (+6.2%) but pre-tax loss of $15.5M vs profit $1.2M a year ago due to higher comp.
- Bought back 95,055 shares at avg $38.79; quarterly dividend $0.15 payable May 26, 2023.
- Assets under administration $108.9B, down from $117.2B; AUM $39.3B vs $42.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196323000020/0000791963-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196323000020/opy-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000791963-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer