Moelis & Company's stock surged 5.60% in after-hours trading on Wednesday, following the release of its fourth-quarter and full-year 2025 financial results.

The investment bank reported quarterly adjusted earnings per share of $1.13, significantly beating the analyst consensus estimate of $0.82. Revenue for the quarter came in at $487.935 million, also surpassing expectations of $436.8 million. The strong performance was attributed to higher average fees earned per completed transaction in mergers & acquisitions and capital markets.

In addition to the earnings beat, the company declared a regular quarterly dividend of $0.65 per share and announced that its board approved a new share repurchase authorization of up to $300 million. These capital return initiatives, combined with the better-than-expected financial results, drove positive investor sentiment in the extended session.