
Oct 30, 2026
Oppenheimer Holdings Reports Q3 2026 Net Income Drop to $5.5M Amid Reduced Banking Revenue
Oppenheimer Holdings Inc. announced a significant drop in its Q3 2026 net income to $5.5 million, down from $21.7 million in Q3 2025, primarily due to a $21.0 million pre-tax expense related to a stock appreciation rights program and substantially lower investment banking revenue. Despite the decline, the company reported record Assets Under Management (AUM) of $59.6 billion and record stockholders' equity of $991.1 million. The Wealth Management division saw a 2.5% increase in revenue, while the Capital Markets segment experienced a 29.7% decline.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish