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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE      
Commissions $ 349,248 $ 370,382 $ 401,607
Advisory fees 415,679 425,615 451,197
Investment banking 117,665 127,529 435,870
Bank deposit sweep income 172,807 104,558 15,557
Interest 104,550 60,713 36,482
Principal transactions, net 65,347 21,031 23,984
Other 23,529 1,113 29,338
Total revenue 1,248,825 1,110,941 1,394,035
EXPENSES      
Compensation and related expenses 782,396 740,827 886,840
Communications and technology 91,321 85,474 80,520
Occupancy and equipment costs 66,002 59,897 60,069
Clearing and exchange fees 24,928 25,566 22,306
Interest 68,599 23,846 9,855
Other 168,809 129,777 109,804
Total expenses 1,202,055 1,065,387 1,169,394
Pre-tax income 46,770 45,554 224,641
Income tax provision 16,498 13,444 65,677
Net income 30,272 32,110 158,964
Net income (loss) attributable to non-controlling interests, net of tax 93 (241) 0
Net income attributable to Oppenheimer Holdings Inc. $ 30,179 $ 32,351 $ 158,964
Earnings per share attributable to Oppenheimer Holdings Inc.      
Basic (in dollars per share) $ 2.81 $ 2.77 $ 12.57
Diluted (in dollars per share) $ 2.59 $ 2.57 $ 11.70
Weighted average shares outstanding      
Basic (in shares) 10,736,166 11,666,194 12,642,306
Diluted (in shares) 11,645,708 12,607,752 13,582,828
Period end shares outstanding (in shares) 10,286,448 10,968,221 12,546,701