Lazard (LAZ) Reports Q1 2026 Earnings with Mixed Results
Lazard (LAZ) reported Q1 2026 earnings with firm-wide adjusted net revenue of $673 million, up 5% year over year. However, the Financial Advisory segment saw a 4% decline in adjusted net revenue due to large transactions shifting to later in the year, while Asset Management revenue rose 17%. The company also announced a $9 billion net inflow in asset management, the highest in nearly 20 years.
Tickers: $LAZ
Topics: acquisition asset management dividend earnings report revenue growth