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. 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 (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.