secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0000791963-24-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/0000791963-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000006/opy-20240126.htm
  HTML page:      https://secwatch.observer/filing/0000791963-24-000006

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