Evercore Inc. - EVR STOCK NEWS

Evercore (NYSE: EVR) is set to announce its third quarter 2021 financial results on October 27, 2021, at 6:45 a.m. Eastern Time. A related conference call will commence at 8:00 a.m., led by Co-Chairmen Ralph L. Schlosstein and John S. Weinberg, along with CFO Celeste Mellet. This one-hour call will provide insights into the firm’s financial performance and include a Q&A session. Investors can participate by phone or via a live audio webcast available on Evercore's website.

Evercore (NYSE: EVR) has appointed Adi Jayaraman as Senior Managing Director in its Investment Banking division, focusing on Technology Advisory and FinTech globally. With nearly two decades of experience, Jayaraman joins from Citi and aims to enhance Evercore's presence in the rapidly evolving FinTech sector. Co-CEOs Ralph Schlosstein and John S. Weinberg emphasize the strategic priority of building a strong franchise in this area.

Evercore (NYSE: EVR) has appointed Brad David as a Senior Managing Director in its Investment Banking unit, specifically the Financial Sponsors Group, based in Los Angeles. With over 20 years of industry experience, he previously served at Credit Suisse. Co-CEOs Ralph Schlosstein and John S. Weinberg praised his extensive relationships and reputation in the financial sponsor sector. Mr. David expressed enthusiasm for joining Evercore's distinguished advisory team, aiming to leverage its capabilities for financial sponsors.

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.