Evercore reported FY 2025 net revenues of USD 3.86 billion (+29%) and total revenues of USD 3.88 billion (+29%). Advisory fees rose to USD 3.27 billion (+34%), while underwriting fees increased to USD 179.65 million (+14%) and commissions and related revenue grew to USD 242.69 million (+13%). Other revenue, including interest and investments, was USD 103.31 million (-2%), which Evercore said primarily reflected lower performance of its investment funds portfolio, partly offset by higher interest income. FY 2025 net income was USD 640.71 million (+53%), with net income attributable to shareholders of USD 591.92 million (+56%) and diluted EPS of USD 14.05 (+55%). Employee compensation and benefits expense rose to USD 2.5 billion (+27%), and non-compensation expense increased to USD 565.04 million (+20%). Interest expense was USD 24.26 million (+45%), reflecting the issuance of new senior notes in July 2025. Evercore recorded no special charges in 2025; the FY 2024 special charge of USD 7.31 million related to the write-off of its remaining carrying value in Luminis following the redemption of its interest. In corporate updates, Evercore completed the acquisition of Robey Warshaw in 2025, which it said contributed to both compensation expense and acquisition and transition costs (USD 9.86 million). The firm also issued USD 250 million of senior notes in July 2025 (Series K due 2030 and Series L due 2032) and expanded its revolving credit facility with PNC to USD 225 million. Evercore repurchased 2.4 million Class A shares during 2025 for USD 660.6 million. In Wealth Management, AUM increased to USD 15.52 billion at December 31, 2025 (+12%).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evercore Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-010273), on February 20, 2026, and is solely responsible for the information contained therein.