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Oppenheimer Holdings Triumphs in Q1 2024
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Oppenheimer Holdings Triumphs in Q1 2024

Oppenheimer Holdings (OPY) has released an update.

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Oppenheimer Holdings Inc. reports a robust first quarter in 2024 with net income soaring to $26.1 million, a 78.2% jump from the previous year, and earnings per share at $2.50. The firm’s revenue climbed 9.8% to $353.1 million, propelled by strong performance in investment banking and wealth management, as well as a rally in equity markets and record asset management levels. Amidst an improving financial landscape, the company’s strategic moves have strengthened its balance sheet, positioning it for future growth.

For further insights into OPY stock, check out TipRanks’ Stock Analysis page.

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