Quarterly ResultMay 6, 2026, 04:15 PM
Evercore Q1 Net Income +106% to $301.2M; Revenue +100% to $1.4B
AI Summary
Evercore Inc. reported a strong first quarter for 2026, with net income attributable to Evercore Inc. surging by 106% to $301.2 million. Total revenues also doubled, increasing by 100% to $1.4 billion, driven by a significant rise in advisory fees. The company continued its capital return program, purchasing $621.3 million in treasury stock and paying $49.8 million in dividends during the quarter.
Key Highlights
- Net Income attributable to Evercore Inc. rose 106.1% to $301.2 million.
- Total Revenues increased 100.3% to $1.40 billion.
- Diluted EPS grew 106.9% to $7.20.
- Advisory Fees jumped 123.3% to $1.24 billion.
- Employee Compensation and Benefits increased 96.6% to $904.1 million.
- Used $621.3 million for treasury stock purchases and noncontrolling interests.
- Paid $49.8 million in dividends to shareholders.
- Incurred $1.8 million in acquisition and transition costs related to Robey Warshaw.
Price Impact
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