$EVR · Evercore Inc.
Evercore Inc. filed its Q3 FY2026 10-Q. Net revenues grew 12.5% YoY to $1.169B, driven by advisory fees of $1.011B (up 14%) and underwriting fees up 27% to $55.6M. Net income attributable to Evercore rose 11% to $160.8M, with diluted EPS up 15% to $3.93. Nine-month advisory fees jumped 42% to $3.03B.
- Advisory fees rose 14% YoY to $1.011B in Q3.
- Diluted EPS increased 15% YoY to $3.93.
- Nine-month advisory fees surged 42% to $3.03B.
- Underwriting fees grew 27% YoY to $55.6M.
- Net income attributable to Evercore rose 11% to $160.8M.
Extended-hours last trade $308.74, down 0.74% vs regular close despite the strong quarter, suggesting modest profit-taking after a +4.65% regular-session gain.
Evercore's double-digit advisory and EPS growth confirms a strong M&A environment for independent investment banks.
Evercore's 42% nine-month advisory growth reflects a robust M&A cycle benefiting independent advisory firms.
Compensation and benefits expense rose 10% YoY to $749.1M, pressuring margins as advisory activity scales.