Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when OPY files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsOppenheimer Q2 net income up 26% to $27.4M on 22% revenue growth; investment banking doubles
Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read
Key Changes
-
high
Q2 2026 net income rose 26.2% to $27.4M ($2.55 basic EPS) from $21.7M ($2.06) in Q2 2025, driven by strong revenue growth across business lines.
Exhibit 99.1 view on EDGAR → -
high
Total revenue increased 21.9% to $454.9M in Q2 2026. Investment banking revenue nearly doubled (up 93.7% to $84.3M), advisory fees rose 15.9% to $145.6M, and commissions grew 15.9% to $127.5M.
Exhibit 99.1 view on EDGAR → -
medium
Assets under administration reached $154.7B and assets under management hit $59.4B at June 30, 2026, both record levels driven by rising equity markets.
Exhibit 99.1 view on EDGAR → -
medium
Compensation expenses increased 28.5% to $307.1M in Q2 2026, driven by higher stock appreciation rights expense from the company's rising share price plus higher production-related costs and incentive compensation accruals.
Exhibit 99.1 view on EDGAR → -
low
Board declared quarterly dividend of $0.20 per share payable August 28, 2026 to shareholders of record on August 14, 2026.
Exhibit 99.1 view on EDGAR →
Summary
Oppenheimer Holdings reported strong Q2 2026 results with net income up 26% to $27.4 million and revenue growth of 22% to $454.9 million. The standout performance came from investment banking, which nearly doubled year-over-year to $84.3 million, while advisory fees and commissions each grew roughly 16%.
Client assets reached record levels at $154.7 billion under administration and $59.4 billion under management, reflecting both market appreciation and business momentum. The quarter's compensation expense increase of 28.5% to $307.1 million outpaced revenue growth, driven by stock appreciation rights expense tied to the company's rising share price and higher production-related costs.
Despite strong Q2 results, year-to-date net income of $6.8 million remains down 87% from the prior year's $52.3 million, reflecting the impact of a $70 million cash sweep litigation settlement in Q1 2026. The Board maintained its quarterly dividend at $0.20 per share. Retail investors should watch whether the investment banking momentum and asset growth can sustain the improved profitability trajectory in coming quarters.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Oppenheimer Holdings posted investor presentation slides to its website under Regulation FD.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On August 3, 2026, Oppenheimer Holdings Inc. (the “Company”) posted to the Investor Relations page of its website, www.oppenheimer.com, a presentation to investors regarding the Company in the form of the slides containing the information attached to this Current Report on Form 8-K as Exhibit 99.1 (the “Slides”). The Company may use the Slides, in whole or in part, and possibly with minor modifications, in connection with presentations to investors after such date.
The company posted investor presentation slides to its website and may use them in future investor presentations. This is a routine Regulation FD disclosure with no specific financial or operational details provided in the 8-K body itself.
Event · Exhibit 99.1
Oppenheimer Holdings reported Q2 2026 results with net income of $27.4M and revenue of $454.9M, up 26.2% and 21.9% year-over-year.
Added in current filing · view on EDGAR →
Net income attributable to Oppenheimer Holdings Inc. $ 27,351 $ 21,674 26.2 % $ 6,773 $ 52,329 (87.1) % Earnings per share (Basic) 1 $ 2.55 $ 2.06 23.8 % $ 0.63 $ 4.99 (87.4) % Earnings per share (Diluted) 1 $ 2.38 $ 1.91 24.6 % $ 0.60 $ 4.63 (87.0) %
Oppenheimer reported Q2 2026 net income of $27.4 million, up 26.2% from $21.7 million in Q2 2025. Basic EPS was $2.55 versus $2.06 prior year. Year-to-date net income of $6.8 million was down 87.1% from $52.3 million in the first half of 2025, primarily due to a $70 million cash sweep litigation settlement in Q1 2026.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify