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Evercore Inc (EVR.N)

EVR.N on New York Stock Exchange

109.95USD
20 Jul 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$109.95
Open
$109.60
Day's High
$110.40
Day's Low
$108.90
Volume
61,119
Avg. Vol
166,312
52-wk High
$112.55
52-wk Low
$69.60

Latest Key Developments (Source: Significant Developments)

Evercore reports Q3 GAAP EPS of $1.04
Thursday, 26 Oct 2017 01:12am EDT 

Oct 26 (Reuters) - Evercore Inc :Evercore reports third quarter 2017 results; quarterly dividend raised to $0.40 per share.Qtrly GAAP diluted earnings per share $1.04.Qtrly adjusted diluted earnings per share $1.22.‍Quarterly net revenues $406.6 million, up 5%.Board of directors approved an increase in the share repurchase authorization to $750 million.Qtrly adjusted net revenues $402.857 million versus $383.473 million.Anticipate 2017 will be strong recruiting year adding at least nine new senior managing directors - six in advisory and three in equities​."Market conditions continue to be favorable for m&a broadly, supporting healthy deal activity both in u.s. And throughout world"​.  Full Article

Michael Paliotta to join Evercore ISI as CEO of Evercore's equities business
Wednesday, 6 Sep 2017 04:30pm EDT 

Sept 7 (Reuters) - Evercore Inc :Michael J. Paliotta to join Evercore ISI as chief executive officer of Evercore's equities business.Evercore Inc - Paliotta was most recently head of global markets equities at Credit Suisse.  Full Article

Evercore reports Q2 earnings per share $0.41
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Evercore Partners Inc :Evercore reports second quarter 2017 results; quarterly dividend of $0.34 per share.Q2 adjusted earnings per share $1.06.Q2 earnings per share $0.41.Q2 revenue rose 6 percent to $370.5 million.Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.Says "our advisory business continues to drive our results".Evercore partners says "recently initiated changes which we believe will help evercore be better positioned for future".Evercore says in July, in its equities business made changes to remaining long term performance based consideration associated with isi acquisition.Evercore-Exchanged remaining long term performance based consideration related to isi deal for units representing a fixed, instead of variable, number of shares.Evercore says "fundamentals of a healthy m&a environment remain in place".Evercore says "the volume of transactions less than $5 billion, which constitute vast majority of transactions, continues to grow".  Full Article

Evercore Partners renews its $30 mln line of credit
Tuesday, 20 Jun 2017 05:16pm EDT 

June 20 (Reuters) - Evercore Partners Inc -:Evercore Partners Inc - ‍co's unit renewed its $30.0 million line of credit with pnc bank, national association.Evercore Partners says as renewed, expiration date set forth in loan agreement and committed line of credit note extended to june 22, 2018 - sec filing.Evercore Partners Inc - all other terms and conditions of loan agreement, committed line of credit note, among others, remain unchanged.Evercore Partners-co's unit renewed its $30.0 million line of credit available under loan agreement, committed line of credit note governing line of credit​.  Full Article

Evercore to sell institutional trust and independent fiduciary business
Tuesday, 9 May 2017 08:00am EDT 

May 9 (Reuters) - Evercore Partners Inc :Evercore Partners Inc - terms of transaction were not disclosed..Evercore agrees to sell its institutional trust and independent fiduciary business to Newport Group.Evercore Partners Inc - completion of transaction is expected to occur at end of Q3 of 2017.  Full Article

Evercore reports Q4 earnings per share $0.98
Wednesday, 1 Feb 2017 06:00am EST 

Evercore Partners Inc - : Evercore reports record full year and fourth quarter results; quarterly dividend of $0.34 per share . Q4 earnings per share $0.98 . Q4 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Q4 revenue rose 9 percent to $445.4 million . Q4 revenue view $419.0 million -- Thomson Reuters I/B/E/S . Quarterly adjusted net revenues of $442.2 million, up 9% compared to Q4 2015 . Announced John S. Weinberg joined as chairman of board and executive chairman of evercore .Quarterly adjusted earnings per share $1.43.  Full Article

John Weinberg to join Evercore as executive chairman
Wednesday, 16 Nov 2016 12:00am EST 

Evercore Partners Inc : John S. Weinberg to join evercore as executive chairman . John S. Weinberg has joined evercore as chairman of board and executive chairman . Weinberg joins team that now includes Roger Altman, who will become founder and senior chairman, and Ralph Schlosstein, president and CEO .Says both Altman and Schlosstein will remain on board of directors.  Full Article

Evercore Partners Q3 EPS $0.79
Wednesday, 26 Oct 2016 06:00am EDT 

Evercore Partners Inc : Evercore reports third quarter 2016 results; quarterly dividend raised to $0.34 per share . Q3 earnings per share view $1.00 -- Thomson Reuters I/B/E/S . Q3 revenue rose 25 percent to $386.3 million . Evercore partners inc - as of September 30, 2016, investment management reported $8.4 billion of aum, a decrease of 2 pct from June 30, 2016 .Says Q3 adjusted earnings per share $1.22.  Full Article

KBW hires Evercore's Rajib Sarkar as managing director

Keefe, Bruyette & Woods Inc, a subsidiary of Stifel Financial Corp , said Rajib Sarkar has joined the broker-dealer as managing director in the insurance investment banking group.