Evercore Q1 2025 net revenues rise 20% to $694.8 million; dividend raised to $0.84
Evercore reported first-quarter 2025 U.S. GAAP net revenues of $694.8 million, up 20% from a year earlier, and diluted earnings per share of $3.48 versus $2.09. The company also raised its quarterly dividend 5% to $0.84 per share, payable June 13, 2025. GAAP results include a $74.3 million tax benefit tied to the deduction for share-based award appreciation, which the company says affects quarterly comparisons.
Key points
- U.S. GAAP net income attributable to Evercore was $146.2 million, versus $85.7 million in Q1 2024.
- Advisory Fees rose $127.5 million, or 30%, while Other Revenue, net fell $21.4 million, or 75%.
- Quarterly dividend increased to $0.84 per share, with a record date of May 30, 2025.
- Board approved a repurchase authorization of up to the lesser of $1.6 billion or 8.0 million shares in April.
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 April 30, 2025.
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.