secwatch.observer — SEC 8-K summary
======================================

Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001628280-26-029115
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oppenheimer reports Q1 net loss of $20.6M on $70M legal charge; adjusted EPS $4.46
--------------------------------------------------------------------------------

- Net loss of $20.6M ($1.93/sh) vs net income $30.7M ($2.93/sh) in Q1 2025.
- Revenue $445.1M (+21% YoY) driven by investment banking up 142.7% and advisory fees up 10%.
- Adjusted net income $47.5M ($4.46 adj EPS) excluding $70M cash sweep settlement and $22.3M stock appreciation rights.
- Dividend increased 11.1% to $0.20/share payable May 29, 2026.
- Wealth Management pre-tax income fell 35.8% to $43.6M; Capital Markets swung to $35.4M profit from loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000162828026029115/0001628280-26-029115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000162828026029115/opy-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029115

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