Evercore posts record Q3 2026 revenue and adjusted earnings, appoints two co‑presidents
+2 new sources since this summary was written
Evercore Inc. reported third‑quarter 2026 net revenue of $1.1686 billion, a new quarterly record, and adjusted diluted earnings per share of $4.28. The firm also announced the appointment of Nigel Dawn and Naveen Nataraj as co‑presidents effective 1 January 2027. A quarterly dividend of $0.89 per share was declared.
Why it matters
The higher‑than‑expected revenue and earnings suggest Evercore can sustain profitability despite a broader M&A slowdown, which may support the stock’s recent price gains. The dividend and leadership changes signal confidence in the firm’s growth trajectory, potentially attracting income‑focused investors.
Key facts
- 1Third‑quarter 2026 net revenue was $1,168.6 million (U.S. GAAP). stocktitan.net
- 2Adjusted net revenue for the quarter was $1,178.2 million. tradingview.com
- 3Adjusted diluted earnings per share were $4.28. tradingview.com
- 4Net income attributable to Evercore was $160.8 million (U.S. GAAP). stocktitan.net
- 5The board declared a quarterly dividend of $0.89 per share. tradingview.com
- 6Nigel Dawn and Naveen Nataraj were appointed as co‑presidents, effective 1 January 2027. stocktitan.net
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.