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Oppenheimer Holdings Reports Record 2024 Financial Results

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Oppenheimer Holdings Reports Record 2024 Financial Results

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Oppenheimer Holdings ( (OPY) ) has shared an update.

On February 3, 2025, Oppenheimer Holdings Inc. released an investor presentation detailing their financial performance for the fourth quarter and full year of 2024. The company reported record revenues of $1.4 billion for the year, driven by increased advisory fees and investment banking revenues. Despite an increase in expenses, both compensation-related and non-compensation related, Oppenheimer achieved a net income of $71.6 million for 2024. The increase in revenue and income highlights Oppenheimer’s strong market positioning and effective management strategies, contributing to record levels of assets under management and positive shareholder equity developments.

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 operates globally, with significant presences in cities like Hong Kong, London, Geneva, St. Helier, and Tel Aviv. Oppenheimer is listed on the NYSE under the ticker OPY and has a diverse service portfolio with strong emphasis on wealth management and capital markets.

YTD Price Performance: 6.24%

Average Trading Volume: 29,156

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $704.1M

For a thorough assessment of OPY stock, go to TipRanks’ Stock Analysis page.

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