XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUE        
Commissions $ 110,025 $ 97,055 $ 220,903 $ 192,905
Advisory fees 125,628 117,197 254,431 232,044
Investment banking 43,533 29,119 91,156 79,656
Bank deposit sweep income 28,654 34,846 58,729 71,531
Interest 38,017 34,805 74,386 61,571
Principal transactions, net 14,532 10,074 23,507 28,308
Other 12,789 7,493 17,891 17,712
Total revenue 373,178 330,589 741,003 683,727
EXPENSES        
Compensation and related expenses 239,074 220,727 466,165 442,440
Communications and technology 26,204 24,682 52,386 49,258
Occupancy and equipment costs 15,578 15,516 31,587 31,364
Clearing and exchange fees 7,041 6,780 14,793 12,622
Interest 22,529 21,980 43,925 42,528
Other 30,542 25,039 58,561 52,195
Total expenses 340,968 314,724 667,417 630,407
Pre-tax income 32,210 15,865 73,586 53,320
Income tax provision 10,536 5,599 21,257 17,310
Net income 21,674 10,266 52,329 36,010
Net loss attributable to noncontrolling interest, net of tax 0 0 0 (310)
Net income attributable to Oppenheimer Holdings Inc. $ 21,674 $ 10,266 $ 52,329 $ 36,320
Earnings per share attributable to Oppenheimer Holdings Inc.        
Basic (in dollars per share) $ 2.06 $ 0.99 $ 4.99 $ 3.49
Diluted (in dollars per share) $ 1.91 $ 0.92 $ 4.63 $ 3.29
Weighted average shares outstanding        
Basic (in shares) 10,520,219 10,327,818 10,493,145 10,367,636
Diluted (in shares) 11,349,049 11,111,903 11,308,979 11,083,422
Period end shares outstanding (in shares) 10,517,924 10,327,510 10,517,924 10,327,510