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 (EVR) maintains its position as a leading global investment banking advisory firm through strategic transactions and client-focused solutions. This news hub provides investors and financial professionals with essential updates on the company's advisory activities, market insights, and operational developments.
Access authoritative coverage of Evercore's mergers & acquisitions guidance, capital market transactions, and restructuring expertise. The curated news collection features press releases, regulatory filings, and market analyses relevant to EVR's core services in corporate advisory and wealth management.
Key updates include earnings announcements, leadership changes, strategic partnerships, and research publications. Content is organized to help users track financial performance indicators and understand the firm's role in complex global transactions.
Bookmark this page for streamlined access to Evercore's latest developments. Check regularly for updates on shareholder initiatives, regulatory compliance matters, and innovations in investment banking practices that demonstrate the firm's market leadership.
Evercore (NYSE: EVR), a premier global independent investment banking advisory firm, has announced the expansion of its Chicago headquarters to accommodate its growing team and strengthen its Midwest presence. The expansion builds upon the firm's established presence in Chicago since 2015 and demonstrates its commitment to serving clients across the Midwest region.
The Chicago office will continue to be led by senior managing directors specializing in various areas: Daniel Aronson (Liability Management & Restructuring), Eric Neveux (Financial Institutions), Michael Palm (Industrials), and Tyler Zittergruen (Private Capital Advisory). According to Jason Sobol, co-head of Evercore's U.S. Investment Banking business, the firm views the Midwest as a key market with significant opportunity.
Evercore (NYSE: EVR) has announced its upcoming 5th annual Consumer & Retail Conference, scheduled for June 10-11, 2025, in New York City. The invite-only event will feature executives and industry experts from over 40 leading companies who will discuss multichannel transformation and the impacts of changing geopolitical dynamics.
The conference will include presentations from CEOs, CFOs, and senior strategy officers across various sectors including beverages, household & personal care, food, restaurants, specialty retail/apparel/luxury, retailing broadlines & hardlines, and grocery. Institutional investors interested in attending can contact their Evercore ISI salesperson for more information.
Evercore reported strong Q1 2025 financial results with net revenues reaching $694.8 million on a GAAP basis, a 20% increase from Q1 2024. The company's operating income grew 32% to $111.2 million, while diluted earnings per share rose to $3.48 from $2.09 year-over-year.
Key highlights include advising on major deals like Calpine's $29.1 billion sale to Constellation Energy and increasing its quarterly dividend by 5% to $0.84 per share. The firm returned $454.3 million to shareholders through dividends and share repurchases.
The company's Private Capital Advisory achieved its best first quarter on record, while the Equities business posted its strongest Q1 since 2020. Evercore strengthened its team by adding two Senior Managing Directors in Q1, with four more set to join later in 2025.
Evercore (NYSE: EVR) has announced that William J. Burns will join as Senior Advisor for global affairs in June, based in Washington, D.C. Burns brings extensive diplomatic experience, having served six presidents and most recently as Director of the Central Intelligence Agency in President Biden's Cabinet.
Burns' distinguished career includes serving as U.S. Deputy Secretary of State, Ambassador to Russia and Jordan during his 35-year diplomatic career. From 2015 to 2021, he was President of the Carnegie Endowment for International Peace and authored 'The Back Channel: A Memoir of American Diplomacy.'
Evercore's leadership emphasized the critical intersection of geopolitics and finance, particularly given current global tensions over trade, China, Ukraine, and the Middle East. The firm expects Burns' expertise to provide valuable insights for navigating complex international challenges.
Evercore (NYSE: EVR) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, at 6:45 a.m. Eastern Time. The company will host a conference call at 8:00 a.m. ET the same day, featuring Chairman and CEO John S. Weinberg and CFO Tim LaLonde, who will review the quarter's financial performance.
Investors and analysts can participate by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) with passcode EVRQ125. A live audio webcast will be available on Evercore's investor relations website and archived for 30 days.
Evercore is a premier global independent investment banking advisory firm, specializing in strategic and financial advice on mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. The firm also provides public and private capital raising services, equity research, and wealth management services.
Evercore Wealth Management (NYSE: EVR) has announced the promotion of three professionals to partner positions. Paulo Coelho and Neza Gallitano serve as wealth & fiduciary advisors, while Alex Lyden holds the position of chief fiduciary officer at Evercore Trust Company.
Coelho, who joined in 2012, specializes in strategic wealth planning for families and foundations. Gallitano, a 2023 hire, brings expertise in comprehensive wealth planning with CFP® and CDFA® certifications. Lyden, who joined in 2021, serves as director of Delaware Trust Services and chairs both the Personal Trust Advisory Committee and Fiduciary Oversight Group.
The firm manages $13.8 billion in client assets as of December 31, 2024, providing strategic wealth planning, investment management, and trust services to high-net-worth families, foundations, and endowments across the United States through its wealth management subsidiary and Wilmington-based trust company.