Oppenheimer Holdings Appoints New CEO at Annual Meeting

The latest announcement is out from Oppenheimer Holdings ( (OPY) ).

On May 5, 2025, Oppenheimer Holdings held its Annual Meeting of Stockholders where all nine director nominees were elected, and Deloitte & Touche LLP was appointed as auditors for 2025. Additionally, Robert Lowenthal was appointed as the new CEO of Oppenheimer Holdings Inc., succeeding Albert Lowenthal who will become Executive Chairman. The company reported record revenue for 2024, driven by increased advisory fees, commissions, and investment banking revenue, with net income reaching $71.6 million. The first quarter of 2025 also saw increased revenue primarily due to higher advisory fees and transaction-based commissions.

Spark’s Take on OPY Stock

According to Spark, TipRanks’ AI Analyst, OPY is a Neutral.

Oppenheimer Holdings has a solid market position with stable revenue growth and a strong balance sheet. However, challenges in profitability and cash flow generation weigh on its financial performance. The stock’s undervaluation and positive corporate developments provide some upside potential.

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 financial services and advice to high net worth investors, individuals, businesses, and institutions. The company offers wealth management, private client services, and asset management solutions, as well as investment banking services and capital markets products. Oppenheimer has a strong presence in the U.S. with 89 retail branches and operates internationally with offices in Hong Kong, London, Geneva, St. Helier, and Tel Aviv.

Average Trading Volume: 34,242

Technical Sentiment Signal: Buy

Current Market Cap: $637.6M

See more insights into OPY stock on TipRanks’ Stock Analysis page.