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Oppenheimer Holdings (Oppenheimer Holdings) Retained Earnings : $781 Mil (As of Mar. 2024)


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What is Oppenheimer Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oppenheimer Holdings's retained earnings for the quarter that ended in Mar. 2024 was $781 Mil.

Oppenheimer Holdings's quarterly retained earnings increased from Sep. 2023 ($751 Mil) to Dec. 2023 ($756 Mil) and increased from Dec. 2023 ($756 Mil) to Mar. 2024 ($781 Mil).

Oppenheimer Holdings's annual retained earnings increased from Dec. 2021 ($741 Mil) to Dec. 2022 ($764 Mil) but then declined from Dec. 2022 ($764 Mil) to Dec. 2023 ($756 Mil).


Oppenheimer Holdings Retained Earnings Historical Data

The historical data trend for Oppenheimer Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oppenheimer Holdings Retained Earnings Chart

Oppenheimer Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 497.00 601.41 740.93 764.18 756.47

Oppenheimer Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 777.12 762.47 750.80 756.47 780.95

Oppenheimer Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Oppenheimer Holdings  (NYSE:OPY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Oppenheimer Holdings (Oppenheimer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
85 Broad Street, New York, NY, USA, 10004
Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The private client segment, including full-service brokerage, wealth planning, and margin lending, contributes over half of total revenue. The company generates the majority of revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
Executives
Stacy J. Kanter director C/O APPLIED THERAPEUTICS, INC., 340 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10173
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Brad M Watkins officer: CFO 72 CANDY LANE, SYOSSET NY 11791
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
R Lawrence Roth director C/O OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
A Winn Oughtred director 52 MAPLE AVE, TORONTO ONTARIO A6 M4W 2T7
Timothy Martin Dwyer director 60 BEACON HILL ROAD, NEW CANAAN CT 06840
William Ehrhardt director 101 PARK BLVD NORTH, VENICE FL 34285
Teresa Glasser director 1044 GRAND ISLE TERRACE, PALM BEACH GARDENS FL 33418
Robert S Lowenthal director 85 BROAD STREET, NEW YORK NY 10004
Albert G Lowenthal director, 10 percent owner, officer: CEO OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
Jeffrey J Alfano officer: CFO C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Dennis P Mcnamara officer: Secretary C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Morris Goldfarb director C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Richard Crystal director 41 BLACK BIRCH LN, SCARSDALE NY 10583