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The latest announcement is out from Oppenheimer Holdings ( (OPY) ).
On May 4, 2026, Oppenheimer Holdings Inc. posted an investor presentation outlining its first-quarter 2026 performance, showing revenue rose 21% year over year to $445.1 million, driven by a 105.2% surge in investment banking fees, higher transaction-based commissions and a 10% increase in advisory fees. Despite this strong top-line growth and higher assets under management and administration, the company reported a $20.6 million net loss and a basic loss per share of $1.93 as legal costs tied to a $70 million accrual for settling “cash sweep” class action litigation and a $22.3 million stock appreciation rights expense sharply lifted compensation and non-compensation expenses.
Management highlighted that, excluding these litigation and stock-related charges, adjusted earnings per share were solidly positive, reflecting underlying strength in both its wealth management and capital markets segments and a lower effective tax rate of 23.8% compared with a year earlier. The Board of Directors also underscored confidence in the firm’s trajectory by raising the quarterly dividend by 11.1% to $0.20 per common share for payment on May 29, 2026, even as the company emphasized that the investor slides are supplemental to its Securities and Exchange Commission filings and may be updated through future disclosures rather than on a continuous basis.
Spark’s Take on OPY Stock
According to Spark, TipRanks’ AI Analyst, OPY is a Outperform.
The score is driven by attractive valuation (very low P/E) and strong longer-term price trend/positive MACD. Offsetting these positives are financial-quality risks: higher leverage, softer TTM margins versus 2025, and less consistent cash generation despite improving revenue and fee-base KPIs.
To see Spark’s full report on OPY stock, click here.
More about Oppenheimer Holdings
Oppenheimer Holdings Inc. is a leading investment bank and full-service investment firm that provides brokerage, advisory, wealth management and capital markets services to high net worth investors, individuals, businesses and institutions. The New York Stock Exchange-listed company, which operates 88 U.S. retail branches and international offices including in Hong Kong, London and Tel Aviv, oversees $139.8 billion in client assets under administration and $54.1 billion in assets under management as of March 31, 2026.
The firm employs 2,958 staff, including 932 financial advisors, and offers a broad platform spanning full-service brokerage, financial planning, margin and securities lending, institutional equities, investment banking and access to alternative investments, positioning it as one of the few independent, non-bank broker-dealers with comprehensive capabilities in both wealth management and capital markets.
Average Trading Volume: 62,048
Technical Sentiment Signal: Buy
Current Market Cap: $1.13B
Learn more about OPY stock on TipRanks’ Stock Analysis page.