Oppenheimer Holdings Inc. Reports Q2 2026 Earnings with Revenue Growth
Oppenheimer Holdings Inc. (NYSE: OPY) reported second-quarter net income of $27.4 million, or $2.55 per share in the quarter ended June 30, 2026, compared to $21.7 million and $2.06 per share for the same period in 2025. Revenue rose by 21.9% year-over-year to $454.9 million during Q2 2026 from $373.2 million a year earlier, driven largely by favorable market conditions and strong performance across its Wealth Management and Capital Markets businesses. The company's results were significantly impacted by a one-time pre-tax expense of $24.9 million related to an employee compensation program tied to the stock price increase during the quarter. Adjusted net income (a non-GAAP measure) was reported at $45.7 million, or $4.27 per share for Q2 2026 compared with $27.8 million and $2.64 in adjusted earnings a year ago. For the first half of 2026, total revenue reached $900.0 million versus $741.0 million during the same period last year.
Tickers: $OPY
Topics: finance investment banking stock price