secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0000791963-24-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oppenheimer Q3 net income $24.5M ($2.38 EPS) up 77% YoY; revenue $373.4M +19.4%; AUM record $49.1B
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- Net income $24.5M ($2.38 basic EPS) vs $13.9M ($1.32) YoY; revenue $373.4M up 19.4% from $312.7M.
- Private Client revenue $218.8M (+13.2%); AUM record $49.1B, AUA $129.8B; financial advisors 928.
- Capital Markets revenue $124.0M (+31.1%) led by advisory fees up 82.2%; pre-tax loss narrowed to $6.1M.
- Redeemed all $113.05M senior secured notes on Oct 10; declared $0.18/share dividend payable Nov 22.
- Book value per share record $81.10; tangible book value $64.03; total equity $837.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000052/0000791963-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000052/opy-20241025.htm
  HTML page:      https://secwatch.observer/filing/0000791963-24-000052

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