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Oppenheimer Holdings OPY Bank owned life insurance

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Other financials

Income statement

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Revenue$445.1M+21.0%
Operating income-$27.0M-165%
Net income-$20.6M-167%
EPS (diluted)-$1.93-171%

Balance sheet

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Cash & equivalents$34.6M-5.7%
Total debt$147.5M-14.0%
Total equity$952.4M+9.2%
Total assets$3.8B+6.8%

Cash flow

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Operating cash flow-$190.0M-107%
CapEx--100%
Free cash flow-$190.0M-103%

Valuation

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Market cap$1.12B+69.7%
Enterprise value$1.24B+55.1%
P/E11.6×+2.9×
P/S0.7×+0.2×

Profitability

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Operating margin8.3%+0.7pp
Net margin5.7%+0.4pp
FCF margin5.1%

Returns & leverage

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Return on equity10.7%+1.6pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Oppenheimer Holdings in its filing.

Tagged under the XBRL concept us-gaap:LifeInsuranceCorporateOrBankOwnedAmount.

The official record: Oppenheimer Holdings’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oppenheimer Holdings's bank owned life insurance?
Oppenheimer Holdings (OPY) reported bank owned life insurance of $106.14M in Q1 2026.
How has Oppenheimer Holdings's bank owned life insurance changed year-over-year?
Oppenheimer Holdings's bank owned life insurance increased by 9.4% year-over-year, from $96.99M to $106.14M.
What is the long-term trend for Oppenheimer Holdings's bank owned life insurance?
Over 2 years (2023 to 2025), Oppenheimer Holdings's bank owned life insurance has grown at a 10.7% compound annual growth rate (CAGR), from $88.99M to $109.09M.
What does bank owned life insurance mean?
This represents the cash surrender value of life insurance policies where the firm is the beneficiary, typically used to offset the costs of employee benefit programs. It serves as a long-term asset that provides tax-advantaged growth and a stable source of liquidity. Investors monitor this to understand the firm's non-operating asset base and its strategy for managing long-term benefit liabilities.