secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001628280-26-029091
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazard Q1: GAAP EPS $0.91, adj. $0.42; AUM $259B; announces Campbell Lutyens acquisition
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- GAAP net income $101M ($0.91 diluted EPS); adjusted net income $47M ($0.42 diluted EPS).
- Asset Management adjusted net revenue $309M (+17% YoY); AUM $259B with $9B net inflows.
- Financial Advisory adjusted net revenue $356M (-4% YoY); added 28 net Managing Directors in 2025.
- Announced acquisition of Campbell Lutyens, expected close H2 2026; combined 2027 revenue ~$500M.
- Declared quarterly dividend $0.50/share, payable May 22, 2026 to holders of record May 11, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000162828026029091/0001628280-26-029091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000162828026029091/laz-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029091

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