Overview

* Oppenheimer Q3 2025 revenue rises 13.7% yr/yr, driven by strong investment banking

* Net income for Q3 2025 declines due to higher compensation expenses

* Adjusted EPS for Q3 2025 falls as compensation expenses rise with share price

Outlook

* Company remains optimistic about future investment opportunities amid favorable capital raising environment

* Company notes enthusiasm around AI spending as a positive market driver

* Company remains cautious about potential uncertainties in the market

Result Drivers

* INVESTMENT BANKING - Strong investment banking revenues driven by robust equity underwriting volumes amid favorable market conditions

* WEALTH MANAGEMENT - Rising markets propelled assets under management to record highs, driving higher fee-based revenues

* COMPENSATION EXPENSES - Increased compensation expenses due to stock appreciation rights tied to the rise in share price

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $424.43

Revenue mln

Q3 EPS $1.90

Q3 Net $21.71

Income mln

Q3 $31.63

Pretax mln

Profit

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)