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.
Evercore (EVR) reported third-quarter 2026 GAAP net revenues of $1,168.6 million, up 12% from the prior-year quarter.
GAAP net income attributable to Evercore rose to $160.8 million from $144.6 million, while diluted earnings per share increased to $3.93 from $3.41. Operating income reached $242.6 million from $216.2 million, with operating margin unchanged at 20.8%. Advisory fees grew 14% and underwriting fees rose 27%, while commissions and related revenue fell 4%.
For the first nine months, GAAP net revenues increased 38% to $3,550.4 million, and diluted earnings per share reached $13.49 versus $9.26. Compensation expenses increased 36% and non-compensation costs rose 28%. Evercore announced a quarterly dividend of $0.89 per share and returned $1.0 billion through dividends and share repurchases during the first nine months.
Evercore (EVR) announced that Evercore ISI ranked first on a weighted basis in the 2026 Extel All-America Research Team survey. This marks its fifth consecutive year at the top. Analysts received Top 3 or Runner-Up recognition in 40 categories, including 13 first-place rankings, the most of any firm. Weighted rankings give greater value to higher placements.
Evercore (NYSE: EVR) has appointed John Vaske as a senior managing director in its chemicals investment banking group. He will be based in New York.
Vaske joins from Ducera Partners, where he was a partner, vice chairman and co-head of mergers and acquisitions. Previously, he was chief executive officer of Farmer’s Business Network and spent more than five years at Temasek as senior managing director and head of the Americas. Earlier, he spent more than 25 years at Goldman Sachs, where he was a partner and co-chairman of global mergers and acquisitions.
Evercore (NYSE: EVR) has appointed Nigel Dawn and Naveen Nataraj as Co-Presidents of the firm, effective January 1, 2027. Both will report to Chairman and CEO John S. Weinberg. Weinberg and the board have agreed that he will remain Chairman and CEO for at least the next three years, continuing to lead the Management Committee and the firm’s strategic direction.
Daniel Mendelow will become sole Head of U.S. Investment Banking, Evercore’s largest business. Jason Sobol will become Chairman of U.S. Investment Banking, working with Eduardo Mestre, who remains Chairman of Global Investment Banking. Dawn will also become Chairman of Private Capital Advisory and remain connected to its clients. Nataraj will continue advising clients and remain active in Investment Banking.
Transaction Network Services (TNS) has acquired netnumber, a provider of phone number intelligence and registry services, expanding its Communications Market portfolio. Financial terms were not disclosed. netnumber adds expertise in global number intelligence, number portability, routing and digital identity verification to TNS’s communications services.
TNS expects the combined capabilities to help communications providers and enterprises combat communications fraud, improve routing efficiency and support more trusted customer interactions. netnumber serves customers across the US, Canada and more than 50 other countries. Evercore (NYSE: EVR) acted as financial adviser to netnumber. Stinson acted as legal adviser to TNS, while Kirkland & Ellis advised netnumber.
Evercore (EVR) will release its third quarter 2026 financial results on October 28, 2026, at 6:45 a.m. Eastern Time.
A related conference call will begin at 8:00 a.m. Eastern Time that day, accessible by telephone and webcast. Chairman and Chief Executive Officer John S. Weinberg and Chief Financial Officer Tim LaLonde will review the results, followed by a question-and-answer session. The company expects the call to last approximately one hour.
Evercore (NYSE: EVR) has appointed John Song and Jean Stack as senior managing directors focused on aerospace and defense investment banking. Both have joined the industrials investment banking group and will be based in the Washington, D.C. area, expanding the firm’s presence in the region.
They join from Baird, where they led its defense, space and government group. Since 2021, they have executed 100 transactions valued at nearly $50 billion across the national security market, including space, defense technology, defense electronics, and government technology and services.
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.
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.
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.