Evercore Reports Record Q3 2026 Adjusted Net Revenue and EPS
Evercore Inc. (EVR) delivered a strong third quarter for 2026, reporting record adjusted net revenues of $1,178.2 million, a 13% increase year-over-year. The firm also achieved a record adjusted diluted EPS of $4.28, representing a 23% jump from the previous year. Growth was driven by significant gains in advisory fees and a resurgence in underwriting activity fueled by healthy IPO markets. The company demonstrated improved operational efficiency, with an adjusted compensation ratio decreasing to 63.0%. Diversification remains a key strength, as non-M&A revenue now accounts for over 40% of total adjusted net revenues. To manage increasing scale and global reach, Evercore announced that Nigel Dawn and Naveen Nataraj will assume roles as co-presidents effective January 1, 2027.
Tickers: $EVR
Topics: assets under management earnings per share operating margin revenue growth share repurchases