Evercore

Evercore, Inc. operates as a investment banking advisory company. It operates through the Investment Banking and Investment Management business segments. The Investment Banking segment includes the global advisory business of the company through which the firm delivers strategic corporate advisory, capital markets advisory, and institutional equities services. The Investment Management segment comprises wealth management and trust services through Evercore Wealth Management L.L.C. and investment management in Mexico through Evercore Casa de Bolsa, S.A. de C.V., as well as private equity through investments in entities that manage private equity funds. The company was founded by Roger C. Altman in 1995 and is headquartered in New York, NY.

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Evercore reports successful 2022 performance, eyes growth opportunities

Evercore had a strong financial performance in 2022, with notable achievements across various business segments. The company's strategic investments and focus on key sectors have positioned it well for growth. Challenges in certain business areas were effectively managed, and opportunities for revenue growth and market recovery are being actively pursued.

Evercore reports solid Q1 results amidst market challenges and opportunities

Evercore's Q1 2023 performance reflected resilience in a challenging market environment, with a focus on talent, expense management, and strategic growth. While facing declines in certain financial metrics, the company remains committed to navigating market volatility and seizing opportunities for expansion and improvement.

Evercore reports Q2 decline, eyes restructuring market for growth

Evercore's Q2 2023 performance saw declines in revenues and profits, impacted by hiring pressure and economic factors, with a focus on disciplined expense management and shareholder returns.
The company faces challenges in advisory fees, compensation ratios, and rising expenses, but sees opportunities in restructuring and merger markets, sustained growth, and cost efficiency.
Analyst questions and cautious optimism about market recovery indicate areas of scrutiny and strategic planning for Evercore's future performance and financial stability.
Despite challenges, Evercore's strategic focus on talent, business diversity, and expense management positions it for potential growth and success in the medium to long term.

Evercore reports resilient Q3 performance amidst market challenges

Evercore's Q3 performance showed resilience amidst market challenges with a focus on cost management.
The company's strengths in hiring, strategic insights, and balance sheet management were evident.
Challenges included muted market activity, expense inflation, and competitive landscape dynamics.
Opportunities for growth exist through strategic transactions, leveraging hiring, and ESG focus.

Evercore reports Q4 revenue decline but eyes growth opportunities

Evercore's Q4 2023 earnings call highlighted a decline in revenues but strong investments for future growth. The firm faces challenges in deal timelines and compensation ratios but sees opportunities in market conditions and internal development. Overall, Evercore is optimistic about 2024 and continues to focus on diversification and talent.

Evercore reports strong Q1 performance, eyes global expansion and talent

Evercore's Q1 2024 performance reflects strong financial stability, growth in key sectors, and a strategic focus on shareholder value.
The company's notable transactions, record AUM, and talent recruitment efforts position it well for future expansion and success.
Challenges include slower activity in certain deal segments and the need to balance growth with cost management effectively.
Opportunities in global deal advisory services, sector-specific growth, strategic recruitment, and sustained market optimism pave the way for continued success.

Evercore (EVR) reports record revenues and strategic growth initiatives

Evercore (EVR) delivered strong financial results in Q2 2024, with record revenues and operating income, driven by robust performance across various business segments.
The company's strategic strengths lie in its positive market outlook, expansion initiatives, and focus on operational efficiency and cost management.
While facing challenges in navigating sponsor dialogues, European M&A dynamics, and managing expenses, Evercore has opportunities to capitalize on market growth, global expansion, and wealth management.

Evercore (EVR) reports robust Q3 performance and outlines growth strategies

Evercore's Q3 2024 earnings call highlighted strong financial performance, growth in key business segments, and a positive outlook for the future. The company's focus on enhancing capabilities through new hires and returning value to shareholders reflects a commitment to sustainable growth and profitability.

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Stifel Financial

Stifel Financial Corp. SF, -3.17% and Evercore Inc. EVR, +1.79% both reported double-digit percentage drops in compensation expense on Wednesday as banker pay dries up from 2022's lower deal flow. Third-quarter compensation expense at Stifel fell 25% to $211.82 million from $283.1 million in the year-ago quarter, as total revenue fell to $339.4 million from $492.3 million, drops in investment banking, advisory and equity capital raising fees.

Stifel, Evercore banker pay falls as deal revenue drops

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Evercore Chief Financial Officer Celeste Mellet will depart for a new position.

Evercore Chief Financial Officer Celeste Mellet to Depart for New Position Following Transition Period

NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): Third Quarter Results   Year to Date Results   U.S. GAAP   Adjusted   U.S. GAAP   Adjusted   Q3 2022 Q3 2021   Q3 2022 Q3 2021   YTD 2022 YTD 2021   YTD 2022 YTD 2021 Net Revenues ($ mm) $ 576.9   $ 823.6     $ 583.2   $ 831.6     $ 1,930.7   $ 2,173.7     $ 1,948.9   $ 2,192.7   Operating Income ($ mm) $ 130.4   $ 245.2     $ 136.6   $ 261.8     $ 485.9   $ 646.4     $ 504.7   $ 673.9   Net Income Attributable to Evercore Inc. ($ mm) $ 82.4

Evercore Reports Third Quarter 2022 Results; Quarterly Dividend of $0.72 Per Share

Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Evercore (EVR) Q3 Earnings Expected to Decline

NEW YORK--(BUSINESS WIRE)--Evercore to Announce Third Quarter 2022 Financial Results and Host Conference Call on October 26, 2022

Evercore to Announce Third Quarter 2022 Financial Results and Host Conference Call on October 26, 2022

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Is Evercore (EVR) Stock Undervalued Right Now?

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Alexander Krolick has joined the Firm's Investment Banking business as a Senior Managing Director in its Private Capital Markets Group. He is based in New York and will help lead and expand the Firm's Infrastructure and Energy debt advisory activities. Mr. Krolick joins from Macquarie Capital, where he was Head of Infrastructure and Energy finance. Over his more than twenty-year career in finance, he has advised companies thro

Alexander Krolick has Joined Evercore as a Senior Managing Director in its Private Capital Markets Group

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will host its second annual Technology Conference in New York on September 7th and 8th, 2022. The Conference will bring together leaders in the technology industry to explore the far-reaching changes affecting corporate strategic decision-making. The two-day event will feature numerous fireside chats with C-level company executives and key industry leaders in both the public and private arenas with representation from more than 100 companies. Tech

Evercore to Host Annual Technology Conference, September 7-8, 2022

Leader in investment banking activities and will be main beneficiary of economic expansion and return to easing. Evercore has historically reported strong financial results during good times and the bad.

Evercore: Top Boutique Investment Bank At A Discount

Rise in advisory fees and commission-related revenues supports Evercore's (EVR) Q2 earnings to some extent. However, the increase in expenses and fall in overall revenues hurt results.

Evercore (EVR) Q2 Earnings Beat Estimates, Stock Rises 2.1%

Evercore, Inc. (NYSE:EVR ) Q2 2022 Earnings Conference Call July 27, 2022 8:00 AM ET Company Participants Katy Haber - Head of IR & ESG John Weinberg - Chairman & CEO Celeste Mellet - Senior Managing Director & CFO Conference Call Participants Richard Ramsden - Goldman Sachs Jeff Harte - Piper Sandler Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Michael Brown - KBW James Mitchell - Seaport Research Partners Devin Ryan - JMP Securities Manan Gosalia - Morgan Stanley Operator Good morning, and thank you for standing by. Welcome to Evercore's Second Quarter 2022 Financial Results Conference Call.

Evercore, Inc. (EVR) CEO John Weinberg on Q2 2022 Results - Earnings Call Transcript

Evercore (EVR) delivered earnings and revenue surprises of 79.56% and 35.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Evercore (EVR) Q2 Earnings and Revenues Surpass Estimates

NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR):   Second Quarter Results   Year to Date Results   U.S. GAAP   Adjusted   U.S. GAAP   Adjusted   Q2 2022 Q2 2021   Q2 2022 Q2 2021   YTD 2022 YTD 2021   YTD 2022 YTD 2021 Net Revenues ($ mm) $ 630.9   $ 687.9     $ 637.4   $ 691.2     $ 1,353.8   $ 1,350.2     $ 1,365.8   $ 1,361.1   Operating Income ($ mm) $ 146.2   $ 207.0     $ 153.2   $ 210.3     $ 355.5   $ 401.2     $ 368.1   $ 412.1   Net Income Attributable to Evercore Inc. ($ mm) $ 9

Evercore Reports Second Quarter 2022 Results; Quarterly Dividend of $0.72 Per Share

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Jason Fournier has joined the Firm's Investment Banking business as a Senior Managing Director in its Equity Capital Markets (ECM) practice. He is based in Menlo Park, CA and will lead and expand Evercore's Consumer & Retail ECM business. Mr. Fournier joins from JPMorgan, where he previously led the Consumer & Retail ECM practice, and served in senior roles in Technology ECM, Equity Private Placements and Technology &a

Jason Fournier has Joined Evercore as a Senior Managing Director in its Equity Capital Markets Practice

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Chris Buddin has joined the Firm's Investment Banking business as a Senior Managing Director in its Technology Advisory practice. He is based in Menlo Park, CA and will help expand Evercore's Technology Capital Markets and Strategic Advisory businesses. Mr. Buddin joins Evercore from Goldman Sachs, where he was a Managing Director in the Technology, Media and Telecom Group within the Investment Banking Division, leading Automo

Chris Buddin has Joined Evercore as a Senior Managing Director in its Technology Advisory Practice

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will release its second quarter 2022 financial results on Wednesday, July 27, 2022 at 6:45 a.m. Evercore will host a related conference call, accessible via telephone and the internet, beginning at 8:00 a.m. Eastern Time that same day. Evercore's Chairman and Chief Executive Officer John S. Weinberg, and Chief Financial Officer, Celeste Mellet, will review the Firm's second quarter 2022 financial results. Following the review, there will be a ques

Evercore to Announce Second Quarter 2022 Financial Results and Host Conference Call on July 27, 2022

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BOSTON--(BUSINESS WIRE)--TA and Evercore extend partnership to promote diverse representation in private equity and investment banking.

TA and Evercore Extend Partnership to Promote Diverse Representation in Private Equity and Investment Banking

Is Evercore (EVR) a Great Value Stock Right Now?

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NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) today announced that its Chairman and Chief Executive Officer, John S. Weinberg, will participate in the Morgan Stanley U.S. Financials Conference on Tuesday, June 14, 2022 in a fireside chat session that begins at 3:15 p.m. ET. A live audio webcast will be available on the day of the conference under the For Investors section of Evercore's website at www.evercore.com. A replay will be available on the same site for 30 days following the event. Ab

Evercore Chairman and Chief Executive Officer John S. Weinberg to Participate in the Morgan Stanley U.S. Financials Conference on June 14

Evercore (EVR) reported earnings 30 days ago. What's next for the stock?

Why Is Evercore (EVR) Up 1% Since Last Earnings Report?

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will host its inaugural Global Clean Energy & Transition Technologies Summit in New York on June 14th and 15th, 2022. The Summit will provide an engaging forum to discuss and better understand the energy transition and the move towards a more sustainable and circular economy. The in-person event is one of the industry's only stand-alone clean energy conferences and will feature numerous fireside chats with c-level company executives and key in

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