OPPENHEIMER HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
OPY$91.08-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31,
| (Expressed in thousands, except number of shares and per share amounts) | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $33,150 | $28,835 |
| Deposits with clearing organizations | 98,909 | 78,706 |
| Receivable from brokers, dealers and clearing organizations | 241,478 | 284,696 |
| Receivable from customers, net of allowance for credit losses of $175 ($345 in 2023) | 1,268,866 | 1,059,892 |
| Income tax receivable | 1,499 | 7,199 |
| Securities purchased under agreements to resell | — | 5,842 |
| Securities owned, including amounts pledged of $1,015,604 ($689,381 in 2023), at fair value | 1,108,206 | 795,312 |
| Notes receivable, net | 67,931 | 62,640 |
| Furniture, equipment and leasehold improvements, net of accumulated depreciation of $92,390 ($82,732 in 2023) | 38,188 | 43,874 |
| Right-of-use lease assets, net of accumulated amortization of $118,325 ($99,716 in 2023) | 133,821 | 140,554 |
| Corporate-owned life insurance | 98,828 | 88,989 |
| Intangible assets | 35,709 | 34,340 |
| Goodwill | 143,607 | 142,162 |
| Other assets | 112,534 | 101,775 |
| Total assets | $3,382,726 | $2,874,816 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Liabilities | ||
| Drafts payable | $21,661 | $9,002 |
| Bank call loans | 252,100 | — |
| Payable to brokers, dealers and clearing organizations | 253,816 | 361,890 |
| Payable to customers | 357,835 | 369,287 |
| Securities sold under agreements to repurchase | 931,754 | 640,382 |
| Securities sold but not yet purchased, at fair value | 98,892 | 31,676 |
| Accrued compensation | 331,298 | 256,244 |
| Accounts payable and other liabilities | 65,764 | 82,810 |
| Income tax payable | 3,963 | — |
| Lease liabilities | 173,320 | 183,273 |
| Senior secured notes, net of debt issuance costs of $0 ($392 in 2023) | — | 112,658 |
| Deferred tax liabilities, net of deferred tax assets of $48,640 ($45,961 in 2023) | 41,928 | 38,355 |
| Total liabilities | 2,532,331 | 2,085,577 |
| Commitments and contingencies (Note 18) | ||
| Stockholders' equity | ||
| Common Stock ($0.001 par value per share): | ||
| Class A: shares authorized: 50,000,000; shares issued and outstanding 10,231,736 and 10,186,783 as of December 31, 2024 and 2023, respectively Class B: shares authorized, issued and outstanding: 99,665 as of December 31, 2024 and 2023 | 10 | 10 |
| Additional paid-in capital | 29,733 | 31,774 |
| Retained earnings | 819,961 | 756,468 |
| Accumulated other comprehensive income | 691 | 914 |
| Total Oppenheimer Holdings Inc. stockholders' equity | 850,395 | 789,166 |
| Non-controlling interests (Note 2) | $— | $73 |
| Total Stockholders' Equity | $850,395 | $789,239 |
| Total Liabilities and Stockholders' Equity | $3,382,726 | $2,874,816 |
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