secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001628280-25-035825
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazard Q2 2025 net revenue $796M; Financial Advisory record adjusted net revenue up 20% YoY
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- Net revenue Q2 2025: $796M GAAP, $770M adjusted. Net income $55M, EPS $0.52 diluted (GAAP & adjusted).
- Financial Advisory adjusted net revenue $491M, +20% YoY, record Q2; driven by robust European M&A activity.
- Asset Management AUM $248B (+2% YoY); positive net flows $0.7B in Q2. Average AUM $239B.
- Quarterly dividend $0.50 per share, payable Aug 15, 2025 to holders of record Aug 4, 2025.
- Q2 shareholder returns: $47M dividends, $4M buybacks, $9M tax withholdings. Remaining auth $160M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000162828025035825/0001628280-25-035825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000162828025035825/laz-20250724.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-035825

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer