secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000791963-24-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oppenheimer adopts 2024 Incentive Plan; Q1 net income rises 78% YoY
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- Stockholders ratified 2024 Incentive Plan authorizing up to 1,000,000 Class A shares.
- Q1 2024 net income $26.1M ($2.50 basic EPS) vs $14.6M ($1.32 basic EPS) in Q1 2023.
- Revenue rose 9.8% to $353.1M; advisory fees +14.2%, investment banking +33.1%.
- Record AUM of $46.6B and AUA of $124.9B as of March 31, 2024.
- Board declared quarterly dividend $0.15 per share, payable May 24, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/0000791963-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/opy-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000791963-24-000031

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