Evercore Stock Price, News & Analysis

Evercore (NYSE: EVR) will announce its first quarter 2023 financial results on April 26, 2023, at 6:45 a.m. Eastern Time. Following the release, a conference call hosted by Chairman and CEO John S. Weinberg and CFO Tim LaLonde will take place at 8:00 a.m.. Investors can join via telephone or webcast, with a Q&A session expected to last about one hour. The call can be accessed by dialing (800) 225-9448 (toll-free) or (203) 518-9708 (international); passcode: EVRQ123. A live audio webcast will also be available on Evercore’s website and archived for 30 days. Founded in 1995, Evercore is a leading independent investment banking advisory firm, providing strategic advisory services encompassing mergers, acquisitions, and capital structure solutions.

Behavox has announced a partnership with Evercore (NYSE: EVR), an independent investment banking advisory firm. Evercore selected Behavox after evaluating multiple vendors, citing its effective AI capabilities for compliance and risk management. The decision underscores Behavox's ability to meet diverse communication monitoring requirements and enhance compliance systems rapidly. Evercore’s Chief Compliance Officer highlighted the responsiveness and evolving AI-driven approach of Behavox. This collaboration adds Evercore to a list of investment banks utilizing Behavox's communication surveillance solutions.

Evercore Wealth Management has promoted Michael Kirkbride, Aldo Palles, and Ross Saia to partner. Kirkbride, based in New York City, specializes in managing investment assets for families and foundations, contributing to core equity strategies and ESG investments. Palles, located in Palm Beach, manages investment assets and participates in the national investment committee, while Saia offers fiduciary advice to high-net-worth clients. CEO Chris Zander acknowledged their leadership and commitment to client-focused service. Evercore manages approximately $10.5 billion in client assets as of December 31, 2022.

Evercore (NYSE: EVR) announced the appointment of Joy Savchenko as a senior managing director in its Private Capital Advisory (PCA) group, based in New York. With 19 years at UBS, she will focus on expanding investor relationships and advising clients on private capital transactions. Nigel Dawn, Head of PCA, expressed enthusiasm about Savchenko's addition, highlighting the rapid expansion of the PCA business. Savchenko expressed excitement in joining Evercore's recognized platform, aiming to deepen investor relationships. Evercore, established in 1995, is a global independent investment banking advisory firm.

Evercore (NYSE: EVR) received the 'Best M&A Adviser in Singapore' award from The Asset magazine during its 2022 Triple A Country Awards on February 23, 2023. This marks the sixth time Evercore has achieved this recognition since 2015, highlighting its expertise in advising on significant transactions in Singapore. Keith Magnus, Chairman of Evercore Asia, expressed gratitude for the acknowledgment, emphasizing the firm's commitment to delivering superior client outcomes. Evercore's Singapore office, established in 2013, is critical for supporting clients globally with strategic advisory services in the Asia-Pacific region.

Evercore Inc. (EVR) reported its financial results for Q4 and the full year 2022, revealing a 25% drop in net revenues to $831.3 million and a 16% decline for the full year at $2.8 billion. Q4 net income attributable to shareholders fell 53% year-over-year to $140.4 million. The firm declared a quarterly dividend of $0.72 per share, payable on March 10, 2023. Notably, advisory fees decreased 27% and 13% for Q4 and the full year respectively. Despite these challenges, Evercore remains confident in its market position, marking its second-best year historically.

Evercore (NYSE: EVR) has appointed Tim LaLonde as its new Chief Financial Officer, effective March 6, 2023. Mr. LaLonde, who joined Evercore in 2001, has held various leadership roles and will now oversee financial operations, tax, internal audit, and investor relations. He succeeds Celeste Mellet, who is leaving the company. LaLonde emphasized his commitment to building upon Evercore's success and executing its long-term strategic plan. Evercore is a leading independent investment banking advisory firm, focused on delivering innovative advice and capital-raising services.

Evercore (NYSE: EVR) is set to announce its fourth quarter and full-year 2022 financial results on February 1, 2023, at 6:45 a.m. ET. This will be followed by a conference call at 8:00 a.m., featuring Chairman and CEO John S. Weinberg and CFO Celeste Mellet. The call will provide insights into the financial performance and will include a Q&A session. The call can be accessed via phone at (800) 245-3047 (domestic) or (203) 518-9765 (international), with a passcode of EVRQ422. A live audio webcast will also be available on Evercore's website, archived for 30 days.

Evercore (NYSE: EVR) will host its ninth annual Utility CEO Conference in Palm Beach, Florida, on January 12-13, 2023. The event will feature over 30 influential U.S. utilities, providing insights into the future of the U.S. energy transition, focusing on solar, wind, and energy storage. Marc Harris noted the significant investment opportunities expected through 2050. The conference will highlight the impact of the Inflation Reduction Act, which is set to boost renewable investments. Ted Cannis, CEO of Ford Pro, will deliver the keynote address regarding the implications of electric vehicle adoption on the grid.