Oppenheimer Q3 net income drops 75% to $5.46 million; Q3 revenue falls 10% to $382 million
Bitget2026/10/30 12:02- Oppenheimer Holdings’ third-quarter 2026 net income attributable to shareholders fell 75% year over year to $5.46 million.
- Revenue declined 10% to $382 million, primarily due to lower investment banking activity, transaction-based commissions and certain trading-related revenue.
- Capital Markets swung to a pre-tax loss of $9.89 million, while revenue dropped 30% to $114.03 million year over year.
- Results included $21 million in stock-linked incentive compensation expense tied to the rise in the company’s share price.
- Assets under management reached a record $59.6 billion at September 30, supporting advisory fee billings for October.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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