earnings
confidence high
sentiment positive
materiality 0.80
Evercore reports record Q4/FY 2021 revenue and net income; EPS $17.08 GAAP, $17.50 adjusted
Evercore Inc.
2021-FY EPS reported
$17.08
revenue$3,307,085,000
- GAAP revenue $3.29B (+45% YoY); net income $740M (+111%); EPS $17.08 ($8.22 Ly).
- Advisory fees record $2.75B (+57% YoY); Wealth Management AUM tops $12B.
- Adjusted net revenue $3.32B (+43%); adjusted EPS $17.50; comp ratio improved to 55.7%.
- Quarterly dividend $0.68/share; $852M returned to shareholders in 2021 via dividends and buybacks.
- Co-CEO Ralph Schlosstein to transition to Chairman Emeritus in late Feb 2022.