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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUE      
Commissions $ 370,382 $ 401,607 $ 395,097
Advisory fees 425,615 451,197 455,261
Investment banking 127,529 435,870 222,298
Bank deposit sweep income 104,558 15,557 34,829
Interest 60,713 36,482 33,477
Principal transactions, net 21,031 23,984 27,874
Other 1,113 29,338 29,831
Total revenue 1,110,941 1,394,035 1,198,667
EXPENSES      
Compensation and related expenses 740,827 886,840 770,997
Communications and technology 85,474 80,520 82,132
Occupancy and equipment costs 59,897 60,069 62,352
Clearing and exchange fees 25,566 22,306 22,978
Interest 23,846 9,855 15,680
Other 129,777 109,804 75,528
Total expenses 1,065,387 1,169,394 1,029,667
Pre-tax income 45,554 224,641 169,000
Income taxes 13,444 65,677 46,014
Net income 32,110 158,964 122,986
Net income (loss) attributable to noncontrolling interests, net of tax (241) 8 0
Net income attributable to Oppenheimer Holdings Inc. $ 32,351 $ 158,964 $ 122,986
Earnings per share attributable to Oppenheimer Holdings Inc.      
Basic (in dollars per share) $ 2.77 $ 12.57 $ 9.73
Diluted (in dollars per share) $ 2.57 $ 11.70 $ 9.30
Weighted average shares outstanding      
Basic (in shares) 11,666,194 12,642,306 12,642,576
Diluted (in shares) 12,607,752 13,582,828 13,217,335
Period end shares outstanding (in shares) 10,968,221 12,546,701 12,481,443