Evercore Inc. - EVR STOCK NEWS

Evercore Inc. (EVR) reported record financial results for Q2 2021, with net revenues of $687.9 million, a 36% increase from Q2 2020, and year-to-date revenues reaching $1.4 billion, up 45% year-over-year. Operating income surged to $207.0 million, marking a 139% rise compared to the same period last year. The firm achieved a diluted EPS of $3.21, representing a 138% increase. Advisory revenues exceeded $1 billion in the first half of 2021, underscoring strong performance across various capabilities. A quarterly dividend of $0.68 per share was declared, alongside $496.3 million returned to shareholders in the first half of the year.

Evercore Wealth Management has appointed Eva Anthony as Managing Director and Wealth & Fiduciary Advisor. Anthony joins from BNY Mellon Wealth Management, bringing extensive experience in fiduciary and planning advice for high net worth clients. With a background as a trusts and estate lawyer, she aims to enhance the firm's services in complex wealth planning. CEO Chris Zander expressed confidence in her ability to support the firm’s growth. Evercore Wealth Management manages $10.6 billion in client assets as of March 31, 2021, further solidifying its position in the financial sector.

Evercore (NYSE: EVR) is set to report its second quarter 2021 financial results on July 28, 2021, at 8:00 a.m. Eastern Time. The conference call will feature insights from Co-Chairmen Ralph L. Schlosstein and John S. Weinberg, along with CFO Robert B. Walsh. A question and answer session will follow the financial review, lasting about one hour. Investors can join the call by dialing (877) 359-9508 for domestic or (224) 357-2393 for international participation. A replay will be available for one week after the call, and a live audio webcast will be accessible on Evercore’s website.

Evercore (NYSE: EVR) has welcomed David Markson as Managing Director in its Private Capital Advisory group, based in New York. Markson, with over 12 years of experience in the secondaries market, aims to enhance advisory services to limited partners in secondary transactions. He is joined by colleagues James Fish and Michael Bynarowicz from Triago. The firm's PCA group is recognized as a leader in private equity secondaries, with expectations of significant growth in this market segment.

Evercore Wealth Management has appointed Justin Miller as Partner and National Director of Wealth Planning, in addition to his role as Senior Wealth and Fiduciary Advisor in San Francisco. Previously, Miller served as a national wealth strategist at BNY Mellon, focusing on tax, trusts, and estates. His extensive background includes leadership roles in bar associations and academia. Evercore Wealth Management, a subsidiary of Evercore (NYSE: EVR), manages approximately $10.6 billion in client assets, providing tailored investment management and fiduciary services.

Evercore (NYSE: EVR) has welcomed George Karalis as a Managing Director in its Debt Advisory Group in London. He will lead the firm's market risk and hedging advisory practice, focusing on foreign exchange, interest rates, inflation, and commodity price risks associated with cross-border M&A and financing. Karalis has over 15 years of experience, previously working at Centrus Advisors and Chatham Financial. Finula Cilliers, the team's founder, transitions to a Senior Advisor role. Head of European Debt Advisory Group, Swag Ganguly, emphasized the significance of independent advice in today's market.

Evercore (NYSE: EVR) announced that Co-CEO John S. Weinberg will participate in the Morgan Stanley Virtual U.S. Financials Conference on June 14, 2021, at 1:15 p.m. ET. The event features a fireside chat session, which aims to provide insights into the financial industry.

A live audio webcast will be available on Evercore's investor website, with a replay accessible for 30 days post-event. Evercore is a leading independent investment banking advisory firm, dedicated to delivering strategic financial advice and raising capital for clients worldwide.

Evercore (NYSE: EVR) has appointed Celeste Mellet Brown as its new Chief Financial Officer, effective September 1, 2021. She succeeds Robert B. Walsh, who is retiring December 31, 2021. Mellet Brown, a seasoned finance executive with over 20 years of experience, previously served as CFO at Fannie Mae and held various roles at Morgan Stanley. Her appointment is expected to support Evercore's growth strategy. Both Co-CEOs praised Walsh's contributions and expressed confidence in Mellet Brown's leadership abilities.

Evercore Wealth Management has appointed Alex Lyden-Horn as Managing Director, overseeing Delaware Trust Services and serving as Trust Counsel. Previously President at Christiana Trust Company, he brings extensive experience in fiduciary services. His addition aims to enhance Evercore's capabilities in trust and fiduciary services. Lyden-Horn, a Yale graduate and a member of the Pennsylvania, New Jersey, and Delaware bars, was recognized in 2021 as one of the “40 Under 40 in Wealth Management” by the American Bankers Association. He will operate from the Wilmington, Delaware office.