---
schema_version: "secwatch.filing_event.v1"
accession: "0000791963-24-000006"
form_type: "8-K"
ticker: "OPY"
cik: "0000791963"
company_name: "OPPENHEIMER HOLDINGS INC"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:58:34.229486+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oppenheimer Q4 EPS $1.07, down 48% YoY; adjusted EPS $1.56; FY revenue $1.25B

## Summary
- GAAP net income $11.1M ($1.07 basic EPS) vs $22.4M ($2.04) in Q4 2022; adjusted net income $16.1M ($1.56).
- Full year 2023 revenue $1.25B (+12.4% YoY); net income $30.2M ($2.81 basic EPS) vs $32.4M ($2.77).
- Private Client pre-tax income rose 36.7% for the year to $194.4M; Capital Markets pre-tax loss widened to $63.0M.
- Book value per share hit record $76.72; company repurchased 900,518 shares at avg $39.00 during 2023.
- Quarterly dividend maintained at $0.15/share payable Feb 23, 2024; $13M regulatory charge in FY2023.

## SEC filing metadata
- accession: 0000791963-24-000006
- form_type: 8-K
- ticker: OPY
- cik: 0000791963
- company_name: OPPENHEIMER HOLDINGS INC
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/0000791963-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/opy-20240126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000791963-24-000006
- JSON: https://secwatch.observer/filing/0000791963-24-000006.json
- Plain text: https://secwatch.observer/filing/0000791963-24-000006.txt

## Key facts
- Earnings Releases
  OPPENHEIMER HOLDINGS INC reported Q4 2023 results: revenue 308.3 million, net income 11.1 million, EPS 1.07.
  - Period: Q4 2023
  - Revenue: 308.3 million
  - Net income: 11.1 million
  - EPS: 1.07
  - Result: reported results
  source text: basic earnings per share for the fourth quarter of 2023, after excluding $5.0 million of expense related to a regulatory settlement. Revenue for the fourth quarter of 2023 was $308.3 million compared to revenue of $313.6 million for the fourth quarter of 2022, a decrease of 1.7%. For the year ended December 31, 2023, the Company reported net income of $30.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/0000791963-24-000006-index.htm
- Earnings Releases
  OPPENHEIMER HOLDINGS INC reported FY 2023 results: revenue 1.2 billion, net income 30.2 million, EPS 2.81.
  - Period: FY 2023
  - Revenue: 1.2 billion
  - Net income: 30.2 million
  - EPS: 2.81
  - Result: reported results
  source text: per share for the year ended December 31, 2023, after excluding $13.0 million of expense related to a regulatory settlement. Revenue for the year ended December 31, 2023 was $1.2 billion compared to revenue of $1.1 billion for the year ended December 31, 2022, an increase of 12.4%. Summary Operating Results (Unaudited) ('000s, except per share amounts or
  evidence_url: https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/0000791963-24-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.