Evercore Stock Price, News & Analysis

Evercore (NYSE: EVR) has announced the appointment of Alexander Virgo as Senior Managing Director at Evercore ISI, based in London. Virgo brings nearly 25 years of experience in covering industrial companies and will focus on global multi-industry companies.

Prior to joining Evercore, Virgo co-led European industrials coverage at Bank of America, where he consistently ranked among the top 3 by Extel/Institutional Investor since 2020. His experience includes senior roles at Nomura, Berenberg, Credit Suisse, and UBS, as well as covering cyclicals at Och Ziff hedge fund. Virgo holds a master's degree in mechanical engineering from Imperial College London.

Evercore (NYSE:EVR) reported record second quarter 2025 results with net revenues of $833.8 million, up 21% year-over-year. The company achieved net income of $97.2 million and diluted EPS of $2.36, showing significant growth from Q2 2024.

Key highlights include advising on major transactions such as Cox Communications' $34.5 billion merger with Charter Communications and Warner Bros. Discovery's separation. The company announced the acquisition of Robey Warshaw in the UK and declared a quarterly dividend of $0.84 per share.

The firm's Advisory business delivered record performance, with advisory fees increasing 23% to $697.7 million. Evercore returned $532.1 million to shareholders in H1 2025 through dividends and share repurchases, while maintaining strong operational metrics with an improved operating margin of 18.0%.

Evercore (NYSE: EVR) has announced the acquisition of UK-based independent advisory firm Robey Warshaw for GBP 146 million (USD 196 million). The transaction, expected to close in Q4 2025, will be paid in two tranches with additional performance-based consideration.

The strategic acquisition will significantly enhance Evercore's presence in the UK, Europe's largest M&A market, expanding its EMEA footprint to over 400 bankers across nine countries. The deal is expected to be accretive to both Adjusted and GAAP EPS in the first full year and positions Evercore, currently the third-largest investment banking advisory firm globally, for further growth in international markets.

Evercore (NYSE: EVR) announced the appointment of Luigi de Vecchi as Senior Managing Director and Chairman of its continental European advisory business, effective September 2025. De Vecchi, who brings over 35 years of investment banking experience, will be based in Milan, Italy, where Evercore is establishing a new office.

De Vecchi joins from Citigroup, where he served as chairman of continental Europe for corporate and investment banking. He previously held positions at Credit Suisse as global co-head of investment banking, and worked at Goldman Sachs and Kleinwort Benson. The appointment aligns with Evercore's strategic expansion plans in Europe, with de Vecchi set to work closely with the firm's existing Paris team to serve large European and global strategic clients.

Evercore (NYSE: EVR), a premier global independent investment banking advisory firm, has scheduled its second quarter 2025 financial results announcement for Wednesday, July 30, 2025, at 6:45 a.m. ET.

The company will host a conference call at 8:00 a.m. ET featuring Chairman and CEO John S. Weinberg and CFO Tim LaLonde. Investors can join via phone at (800) 274-8461 (domestic) or (203) 518-9814 (international) using passcode EVRQ225, or through the webcast available on Evercore's investor relations website.

Evercore (NYSE: EVR) has announced the appointment of Jon Josephs as Senior Managing Director in their Industrials Investment Banking group. Based in New York, Josephs will focus on capital goods and large-cap diversified companies.

Josephs brings over two decades of experience in industrials investment banking, most recently serving as Managing Director and Global Head of Capital Goods at J.P. Morgan. His previous roles include positions at Internet Capital Group and Arthur Andersen. He holds a B.S. in Accounting from Villanova University and an MBA from Georgetown University.

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 appointed Bennett Blau as Senior Managing Director in their Healthcare Investment Banking Group, focusing on the medical technology sector. Based in San Francisco, Blau brings over 15 years of investment banking experience, most recently serving as a managing director in Goldman Sachs' healthcare investment banking group. The strategic hire aims to strengthen Evercore's healthcare franchise and expand its expertise in the medical technology sector. Blau holds a B.A. from The George Washington University and will contribute to Evercore's mission of delivering high-impact, tailored advice backed by industry insight and execution excellence.

Evercore (NYSE: EVR) has announced the appointment of Mike Addeo as Senior Managing Director in its Private Capital Advisory group, based in New York. Addeo brings 15 years of credit investing experience, most recently serving as Managing Director and Head of Restructuring at Blackstone Credit & Insurance. In his previous role, he led restructuring and liability management efforts, including recapitalizations and sourcing new opportunities in complex credit situations. Prior to that, he worked as Vice President in equity research at Wolfe Research and started his career at Deutsche Bank. Addeo holds a BS in Business Administration from Georgetown University and is a CFA charterholder. His appointment aims to strengthen Evercore's capabilities in private credit secondaries, where the firm sees significant market opportunities.