Earnings$OPY4:37 PM ET

Oppenheimer Holdings Shares Fall 20% on Lower 3Q Profit, Revenue

By BORSA NewsroomPublished Oct 30, 2026, 4:37 PM EDTUpdated Oct 30, 2026, 4:38 PM EDT

Shares fell 20% after Q3 profit dropped to $5.5M from $21.7M, revenue down 10% to $382M. CEO cited lower retail trading, reduced IB volumes, and a $21M advisor incentive expense. Adjusted EPS $1.81 vs $2.77.

Sentimentbearish 20

Strongly bearish · 20 of 100

Impact70

medium · sector-wide

Confidence95%

high confidence · single wire

Eventdeveloping

v1 · alerted as breaking

WHAT WE KNOW

Q3 net income $5.5M vs $21.7M year ago
Revenue $382M vs $424.4M
Adjusted EPS $1.81 vs $2.77