Oppenheimer Holdings (OPY) reported net income of $10.3 million or $0.92 per share for the second quarter of 2024, compared with a net loss of $9.4 million or $0.85 per share, a year ago. Revenue was $330.6 million, an increase of 8.0%, compared to revenue of $306.2 million.
The company said the increased revenue for the second quarter of 2024 was primarily driven by significantly higher advisory fees attributable to a rise in billable assets under management as well as improved investment banking and interest revenues.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.