secwatch.observer — SEC 8-K summary
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Issuer:     Evercore Inc. (EVR)
CIK:        0001360901
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001360901-23-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evercore Q3 net income $52.1M ($1.30/sh) down 37% YoY; revenue $570M; dividend $0.76
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- Net revenue $570M (-1% YoY); GAAP net income $52.1M ($1.30 EPS) vs $82.4M ($2.03) last year.
- Compensation ratio rose to 68.7% from 61.7% as revenue fell while expenses increased.
- Advisory fees down 4% to $467M; underwriting fees up 7% to $30.8M; key deals include Chevron/Hess and WestRock/Smurfit Kappa.
- Declared quarterly dividend $0.76/share, payable Dec 8 to holders of record Nov 24.
- Year-to-date returned $490M to shareholders; repurchased 3M shares at average $128.97.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360901/000136090123000020/0001360901-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360901/000136090123000020/evr-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001360901-23-000020

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