Evercore Q4 2023 revenue falls 6% to $784.2 million; diluted EPS $2.03 vs $3.44
Evercore reported fourth-quarter 2023 U.S. GAAP net revenues of $784.2 million, down from $831.3 million a year earlier, and diluted EPS of $2.03 versus $3.44. For full year 2023, net revenues fell 12% to $2.4 billion and diluted EPS was $6.37 versus $11.61, with advisory fees down 18% as revenue from large transactions declined. The board also declared a quarterly dividend of $0.76 per share, payable March 8, 2024.
Key points
- Q4 2023 GAAP net revenues $784.2 million vs $831.3 million in Q4 2022; Q4 diluted EPS $2.03 vs $3.44
- Full year 2023 GAAP net revenues $2.4 billion, down 12%; full year diluted EPS $6.37 vs $11.61
- Advisory fees fell $44.6 million (6%) in Q4 and $429.1 million (18%) for the full year
- Quarterly dividend of $0.76 per share, payable March 8, 2024 to holders of record on February 23, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 31, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.