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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 38,405 $ 33,150
Deposits with clearing organizations 107,607 98,909
Receivables from brokers, dealers and clearing organizations 260,001 241,478
Receivables from customers, net of allowance for credit losses of $131 ($175 in 2024) 1,415,049 1,268,866
Income tax receivable 1,406 1,499
Securities owned, including amounts pledged of $1,179,503 ($1,015,604 in 2024), at fair value 1,250,802 1,108,206
Notes receivable, net 57,965 67,931
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $101,962 ($92,390 in 2024) 32,402 38,188
Right-of-use lease assets, net of accumulated amortization of $137,005 ($118,325 in 2024) 119,111 133,821
Company-owned life insurance 109,094 98,828
Intangible assets 35,042 35,709
Goodwill 143,607 143,607
Other assets 151,924 112,534
Total Assets 3,722,415 3,382,726
Liabilities    
Drafts payable 18,347 21,661
Bank call loans 76,800 252,100
Payables to brokers, dealers and clearing organizations 397,997 253,816
Payables to customers 393,694 357,835
Securities sold under agreements to repurchase, net 997,192 931,754
Securities sold but not yet purchased, at fair value 175,712 98,892
Accrued compensation 374,420 331,298
Accounts payable and other liabilities 73,600 65,764
Income tax payable 15,640 3,963
Lease liabilities 154,928 173,320
Deferred tax liabilities, net of deferred tax assets of $50,032 ($48,640 in 2024) 47,056 41,928
Total Liabilities 2,725,386 2,532,331
Commitments and contingencies (Note 17)
Stockholders' Equity    
Common stock 10 10
Additional paid-in capital 32,703 29,733
Retained earnings 947,413 819,961
Accumulated other comprehensive income 3,697 691
Total Oppenheimer Holdings Inc. stockholders' equity 983,823 850,395
Non-controlling interests 13,206 0
Total Stockholders' Equity 997,029 850,395
Total Liabilities and Stockholders' Equity $ 3,722,415 $ 3,382,726