Welcome to our dedicated page for Evercore news (Ticker: EVR), a resource for investors and traders seeking the latest updates and insights on Evercore stock.
Evercore (EVR) maintains its position as a leading global investment banking advisory firm through strategic transactions and client-focused solutions. This news hub provides investors and financial professionals with essential updates on the company's advisory activities, market insights, and operational developments.
Access authoritative coverage of Evercore's mergers & acquisitions guidance, capital market transactions, and restructuring expertise. The curated news collection features press releases, regulatory filings, and market analyses relevant to EVR's core services in corporate advisory and wealth management.
Key updates include earnings announcements, leadership changes, strategic partnerships, and research publications. Content is organized to help users track financial performance indicators and understand the firm's role in complex global transactions.
Bookmark this page for streamlined access to Evercore's latest developments. Check regularly for updates on shareholder initiatives, regulatory compliance matters, and innovations in investment banking practices that demonstrate the firm's market leadership.
Evercore (NYSE: EVR) has announced that William J. Burns will join as Senior Advisor for global affairs in June, based in Washington, D.C. Burns brings extensive diplomatic experience, having served six presidents and most recently as Director of the Central Intelligence Agency in President Biden's Cabinet.
Burns' distinguished career includes serving as U.S. Deputy Secretary of State, Ambassador to Russia and Jordan during his 35-year diplomatic career. From 2015 to 2021, he was President of the Carnegie Endowment for International Peace and authored 'The Back Channel: A Memoir of American Diplomacy.'
Evercore's leadership emphasized the critical intersection of geopolitics and finance, particularly given current global tensions over trade, China, Ukraine, and the Middle East. The firm expects Burns' expertise to provide valuable insights for navigating complex international challenges.
Evercore (NYSE: EVR) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, at 6:45 a.m. Eastern Time. The company will host a conference call at 8:00 a.m. ET the same day, featuring Chairman and CEO John S. Weinberg and CFO Tim LaLonde, who will review the quarter's financial performance.
Investors and analysts can participate by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) with passcode EVRQ125. A live audio webcast will be available on Evercore's investor relations website and archived for 30 days.
Evercore is a premier global independent investment banking advisory firm, specializing in strategic and financial advice on mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. The firm also provides public and private capital raising services, equity research, and wealth management services.
Evercore Wealth Management (NYSE: EVR) has announced the promotion of three professionals to partner positions. Paulo Coelho and Neza Gallitano serve as wealth & fiduciary advisors, while Alex Lyden holds the position of chief fiduciary officer at Evercore Trust Company.
Coelho, who joined in 2012, specializes in strategic wealth planning for families and foundations. Gallitano, a 2023 hire, brings expertise in comprehensive wealth planning with CFP® and CDFA® certifications. Lyden, who joined in 2021, serves as director of Delaware Trust Services and chairs both the Personal Trust Advisory Committee and Fiduciary Oversight Group.
The firm manages $13.8 billion in client assets as of December 31, 2024, providing strategic wealth planning, investment management, and trust services to high-net-worth families, foundations, and endowments across the United States through its wealth management subsidiary and Wilmington-based trust company.
Evercore (NYSE: EVR) has announced the appointment of Joe Modisett as Senior Managing Director in their Healthcare Investment Banking group, based in New York. Modisett brings over 25 years of healthcare investment banking experience, most recently serving as managing director and global head of healthcare investment banking at Morgan Stanley.
The appointment strengthens Evercore's healthcare division, particularly in biopharma, where Modisett's deep industry connections are expected to enhance the firm's existing relationships. Modisett, who holds a B.S. from the University of North Carolina at Chapel Hill, expressed enthusiasm about joining Evercore, citing the pharmaceutical industry's critical need for innovative financial strategies to support medical advancements.
Evercore (NYSE: EVR) has announced its 2nd annual Private Markets Forum to be held in New York City on March 11-12, 2025. The event will bring together executives and experts from over 20 leading private markets asset management companies alongside investment professionals.
Glenn Schorr, Evercore ISI senior managing director, highlighted the significance of the forum during "one of the most interesting times in the history of the asset management industry." Marc Harris, Evercore ISI Director of Research, noted that discussions will focus on critical topics including:
- Opportunities within private credit and insurance
- Private markets financing for infrastructure and energy transition
- LP consolidation trends with fewer, larger GPs
- Evolving landscape for nontraditional liquidity events
- Growth opportunities across wealth management channels
Participating companies include industry leaders such as Apollo, BlackRock/GIP, Blackstone, KKR & Co., and TPG. This is an invite-only event, with institutional investors directed to contact their Evercore ISI salesperson for details.
Evercore (NYSE: EVR) has announced the appointment of David Kamo as Senior Managing Director to enhance its financial sponsor M&A advisory business in New York. Kamo brings over 25 years of M&A experience, most recently serving as partner and Global Head of Financial Sponsor M&A at Goldman Sachs.
Jason Sobol, co-head of Evercore's U.S. Investment Banking business, highlighted Kamo's M&A execution excellence and strong relationships within the sponsor community. The appointment aims to strengthen Evercore's M&A expertise across industries and complement their existing financial sponsor coverage.
Founded in 1995, Evercore is a global independent investment banking advisory firm headquartered in New York, offering services in strategic and financial advisory, capital raising, equity research, and wealth management.
Evercore (NYSE: EVR) reported strong financial results for Q4 and full year 2024. Fourth quarter net revenues reached $975.3 million (U.S. GAAP) and $980.5 million (Adjusted), increasing 24% versus 2023. Full year revenues hit $3.0 billion on both GAAP and Adjusted basis, up 23% from 2023.
Q4 operating income grew 81% to $212.6 million (GAAP) and 76% to $217.7 million (Adjusted). Operating margins improved significantly to 21.8% (GAAP) and 22.2% (Adjusted). Advisory fees increased 29% in Q4 and 24% for the full year, driven by large transactions.
The company advised on three of the top seven global transactions in 2024, including Summit Materials' $11.5 billion sale to Quikrete. Evercore returned $590.6 million to shareholders through dividends and share repurchases in 2024, buying back 2.3 million shares at an average price of $193.40. The company declared a quarterly dividend of $0.80 per share.
Evercore (NYSE: EVR) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, at 6:45 a.m. Eastern Time. The company will host a conference call at 8:00 a.m. ET the same day, featuring Chairman and CEO John S. Weinberg and CFO Tim LaLonde, who will review the financial results followed by a Q&A session.
Participants can join the call by dialing (800) 445-7795 (domestic) or (785) 424-1699 (international) with passcode EVRQ424. A live audio webcast will be available on Evercore's website and archived for 30 days. The conference call is expected to last approximately one hour.
Evercore Wealth Management has appointed Jonathan Kropf as partner and head of its San Francisco office, as well as managing director at Evercore Trust Company NA. Kropf, who joined in January 2025 from IEQ Capital, brings experience from First Republic Private Wealth Management and the SEC. He succeeds Keith McWilliams, who continues as a partner and wealth advisor at the firm.
The appointment aims to strengthen Evercore's presence in San Francisco and enhance its wealth management services. The firm, listed on NYSE as EVR, manages $13.8 billion in client assets as of September 30, 2024, serving high-net-worth families, foundations, and endowments across the United States through customized strategic wealth planning, investment management, and trust services.
Evercore (NYSE: EVR) has announced its 11th annual Utility CEO Conference, scheduled for January 8-10, 2025, in Scottsdale, Arizona. The conference will feature 33 leading utility companies, marking a record-breaking attendance, with most represented by their CEOs.
The event focuses on the power & utilities sector's important role in the AI revolution, particularly regarding data center power demands. According to Evercore ISI Managing Director Durgesh Chopra, data center load is expected to surge from 25 GW in 2024 to over 80 GW by 2030. The conference will explore key themes including renewable energy generation, grid resiliency investments, and smart grid technologies.
Matthew Aks, senior strategist of international political affairs and public policy at Evercore ISI, will deliver a keynote address on Trump administration policies affecting the sector. The invite-only event brings together top-tier companies and influential investors to discuss the future of utilities in driving sustained economic growth.
