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Evercore (EVR) Stock News

EVR NYSE

Evercore Inc. reports developments tied to its role as a global independent investment banking advisory firm. Its recurring updates cover results for the Investment Banking & Equities and Investment Management segments, including advisory work on mergers, acquisitions, divestitures, restructurings, shareholder advisory and capital structure matters, as well as public and private capital raising, equity research, sales and agency trading.

Company news also includes dividend actions, senior banker additions in sector groups such as healthcare, biotechnology and private capital advisory, and Evercore-hosted research forums focused on technology, media, telecommunications and private markets. Wealth management updates address planning, investment management, trust and custody services for high-net-worth families, foundations, endowments and institutional clients.

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Evercore (NYSE: EVR) has appointed Hans Vestberg as a senior advisor to the firm, based in New York.

Vestberg joins following nearly a decade at Verizon, where he served as chairman and chief executive officer until October 2025. Before Verizon, he spent more than 20 years at Ericsson, serving as president and chief executive officer and previously as chief financial officer. Evercore said his technology and global markets experience would strengthen the advice and insight it provides to clients.

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Evercore (EVR) has appointed Philip von Malsen-Plessen as a senior managing director in its investment banking business, based in Frankfurt.

He joins from UBS, where he spent nearly 30 years and most recently served as vice chairman of global banking EMEA, covering Europe, the Middle East and Africa. Evercore describes the appointment as strengthening its presence in the DACH region—Germany, Austria and Switzerland—as it pursues its long-term growth ambitions for Europe.

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Evercore (NYSE: EVR) announced that John Pissanos has joined its healthcare investment banking group as a senior managing director, focusing on life science tools & diagnostics and medtech, and will be based in London.

Pissanos brings nearly 15 years of investment banking experience, all at J.P. Morgan, where he was most recently managing director and head of EMEA life science tools & diagnostics. According to Evercore, his hire strengthens its healthcare franchise and supports continued growth across EMEA. He holds an MBA from London Business School, an M.Sc. from the University of Reading, and a B.S. from the Georgia Institute of Technology.

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Star Mountain Capital, a lower middle-market investment firm with approximately $5 billion in AUM as of July 31, 2026, announced that Adam Fitzner has joined as Managing Director and Strategic Portfolio Partner. He will focus on enhancing portfolio company performance through private equity investing and operational value-creation initiatives.

Fitzner has over 30 years of experience as a private equity investor, board member and turnaround advisor, having worked with more than 60 businesses and raised or invested over $3 billion of new capital while restructuring over $5 billion of debt. His background includes roles at Evercore, Miller Buckfire, Houlihan Lokey and Phoenix Management, as well as leadership positions at Hamilton Robinson Capital Partners and Corinthian Capital Group. He holds degrees from Lehigh University and Cornell University and co-founded SightSpeed, later acquired by Logitech.

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Evercore (NYSE: EVR) announced that Dylan Tornay has joined the firm as a senior managing director in its equity capital markets group, focusing on the industrials and infrastructure sectors and based in New York. Firm leaders said his arrival supports the continued expansion of Evercore’s equity capital markets franchise and enhances its underwriting and advisory capabilities for complex capital markets transactions. Tornay brings nearly 30 years of equity capital markets experience from Citi, where he most recently served as managing director and head of industrials, natural resources and power equity capital markets. He holds a B.A. from Yale University.

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Evercore (NYSE: EVR) reported second quarter 2026 U.S. GAAP net revenues of $990.2 million, up 19% year-over-year, with first half 2026 net revenues of $2.38 billion, up 56%. Q2 operating income was $146.6 million, and first half operating income reached $477.3 million.

First half operating margins were 20.0% on a U.S. GAAP basis and 22.7% on an adjusted basis, rising 293 and 490 basis points versus 2025. Advisory fees grew 11% in Q2 and 61% year-to-date, while underwriting fees increased 201% in Q2 and 76% year-to-date. Assets under management rose 12% to $16.2 billion. The board declared a quarterly dividend of $0.89 per share, and the company returned $822.9 million to shareholders in the first half of 2026 through dividends and repurchases of 2.3 million shares at an average price of $324.60.

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Evercore (NYSE: EVR) will release its second quarter 2026 financial results on Wednesday, July 29, 2026 at 6:45 a.m. Eastern Time. Management will host a related conference call at 8:00 a.m. Eastern Time the same day, expected to last about one hour.

Chairman and CEO John S. Weinberg and CFO Tim LaLonde will review the results, followed by a Q&A session. Investors can join via telephone using domestic toll-free (833) 419-0865 or international (785) 838-9333 with passcode EVRQ226, or via a live audio webcast on Evercore’s investor website, where the webcast will be archived for 30 days.

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Evercore (NYSE: EVR) announced that Eric Rabinowitz has joined as a senior managing director in its healthcare investment banking group, based in New York. He brings over 20 years of investment banking experience, including leadership roles at J.P. Morgan, Perrigo, Barclays, Bear Stearns and others.

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Evercore (NYSE: EVR) appointed Dennis Cornell as senior managing director in its Private Capital Markets Group, based in New York.

Cornell brings over 25 years of investment banking and capital markets experience, including senior roles at Apollo Global Management, Moelis and Morgan Stanley, strengthening Evercore’s private capital markets platform.

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Evercore (NYSE: EVR) announced that Chairman and CEO John S. Weinberg will participate in the Morgan Stanley U.S. Financials Conference on June 9, 2026, in a fireside chat at 11:15 a.m. ET.

A live audio webcast and 30-day replay will be available on Evercore’s investor relations website.

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FAQ

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

Evercore (EVR) last closed at $267.26.

What is the market cap of Evercore (EVR)?

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