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Evercore Inc. - EVR STOCK NEWS

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 Inc. (NYSE: EVR) is a leading global independent investment banking advisory firm, renowned for delivering superior results through independent and innovative advice. Established in 1995 and headquartered in New York, Evercore is dedicated to assisting its clients with strategic matters that are of critical importance to boards of directors, management teams, and shareholders. The firm's core services include mergers and acquisitions, strategic shareholder advisories, restructurings, and capital structure consulting.

Evercore is also a prominent player in capital markets, supporting clients in raising both public and private capital. Additionally, the firm offers comprehensive equity research, sales, and trading execution services. High net worth and institutional investors benefit from Evercore's wealth and investment management services, further solidifying the firm's all-encompassing approach to financial advisory.

The company's global presence is marked by its offices and affiliate locations in key financial hubs across North America, Europe, South America, the Middle East, and Asia. Evercore went public in 2006 and, as of the end of 2023, employs approximately 2,200 professionals. Notably, about 75% of Evercore's revenue is generated from its operations within the United States, with financial advisory being the primary revenue driver.

Evercore's commitment to excellence and independent advice has established it as a trusted advisor in the financial industry. The firm continues to evolve, embracing new opportunities and delivering unparalleled value to its clients. For more information, please visit www.evercore.com.

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Evercore announces the addition of Giuseppe Monarchi and Laurence Hainault as senior managing directors to lead its Communications and Digital Infrastructure investment banking business in EMEA.
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Seth Bergstein joins Evercore as senior managing director in the Technology Group, along with Sandeep Sharma as managing director. They will lead coverage of consulting, professional, technology & digital services, and business process outsourcing. Bergstein brings extensive experience from Morgan Stanley. Evercore's commitment to excellence and top-tier talent is highlighted by this addition.
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EVR: Carolyn Crooks Joins Evercore as Senior Managing Director in Financial Sponsors Group in New York
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Evercore Inc. (NYSE: EVR): Second Quarter Results Show Net Revenue Decline, New Hires, and Capital Return. Net revenues for the second quarter and year-to-date 2023 decreased by 21% on both U.S. GAAP and Adjusted bases compared to 2022. Evercore participated in major follow-on offerings and advised on significant acquisitions and sales. The company also saw a decrease in compensation ratio and operating margin, while increasing its effective tax rate. Quarterly dividend of $0.76 per share was declared, and $418.7 million was returned to shareholders during the first six months of 2023 through dividends and repurchases of 2.7 million shares at an average price of $128.01.
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TA-CORE and Evercore Launch Third Year of Program to Promote Diversity in Private Equity and Investment Banking Industries
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Evercore to release Q2 2023 financial results on July 26, 2023
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Evercore announces the addition of Michael Binetti as Senior Managing Director at Evercore ISI. Binetti will cover Department Stores & Specialty Retail. He brings nearly 20 years of research experience and has been ranked as an All-American Analyst by Institutional Investor. Binetti's addition will strengthen Evercore's research content and client service.
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FAQ

What is the current stock price of Evercore (EVR)?

The current stock price of Evercore (EVR) is $275.84 as of December 20, 2024.

What is the market cap of Evercore (EVR)?

The market cap of Evercore (EVR) is approximately 10.3B.

What is Evercore Inc.?

Evercore Inc. (NYSE: EVR) is a global independent investment banking advisory firm offering services in mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure.

When was Evercore founded?

Evercore was founded in 1995 and has since grown into a leading financial advisory firm.

Where is Evercore headquartered?

Evercore is headquartered in New York, with offices and affiliate locations in major financial centers worldwide.

What services does Evercore offer?

Evercore offers a range of services including mergers and acquisitions, strategic shareholder advisory, restructurings, capital structure consulting, equity research, equity sales and trading, and wealth and investment management.

How does Evercore generate its revenue?

The majority of Evercore's revenue comes from financial advisory services, including merger, acquisition, and restructuring advisory. Around 20% of its revenue is from institutional equities trading, equity underwriting, and investment management businesses.

How many employees does Evercore have?

As of the end of 2023, Evercore employs approximately 2,200 professionals.

What percentage of Evercore's revenue is generated in the United States?

About 75% of Evercore's revenue is derived from its operations within the United States.

When did Evercore go public?

Evercore went public in 2006.

What types of clients does Evercore serve?

Evercore serves a diverse array of clients including boards of directors, management teams, shareholders, high net worth individuals, and institutional investors.

Where can I find more information about Evercore?

For more information about Evercore, visit their official website at www.evercore.com.

Evercore Inc.

NYSE:EVR

EVR Rankings

EVR Stock Data

10.30B
35.42M
6.95%
89.89%
1.88%
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