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Evercore Reports Fourth Quarter and Full Year 2023 Results; Quarterly Dividend of $0.76 Per Share
Fourth Quarter and Full Year Net Revenues were $784.2 million and $2.4 billion, respectively, on a U.S. GAAP basis and $790.3 million and $2.4 billion, respectively, on an Adjusted basis. Full Year 2023 Net Revenues decreased 12% on both a U.S. GAAP and an Adjusted basis versus 2022.
2024 Senior Managing Director Promotions
We are pleased to announce that we are promoting 12 of our talented professionals to Senior Managing Director. Each of our new SMDs has demonstrated excellence in serving our clients and has contributed materially to the commercial success of the firm while embodying our Firm’s core values. These promotions highlight our commitment to growing and nurturing our internal talent who consistently operate at the highest level of performance.
Evercore to Announce Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on January 31, 2024
Evercore will release its fourth quarter and full year 2023 financial results on Wednesday, January 31, 2024 at 6:45 a.m. Evercore will host a related conference call, accessible via telephone and webcast, beginning at 8:00 a.m. Eastern Time that same day.
Evercore’s Chairman and Chief Executive Officer John S. Weinberg, and Chief Financial Officer, Tim LaLonde, will review the Firm’s fourth quarter and full year 2023 financial results. Following the review, there will be a question and answer session. This conference call is expected to last approximately one hour.
Evercore Chief Executive Officer John S. Weinberg to Participate in the Goldman Sachs 2023 Financial Services Conference on December 5
Evercore today announced that its Chief Executive Officer, John S. Weinberg, will participate in the Goldman Sachs 2023 Financial Services Conference in New York on Tuesday, December 5, 2023 in a session that begins at 11:20 a.m. Eastern Time.
Evercore Names Tim LaLonde as Chief Financial Officer
Evercore announced today that it has named Tim LaLonde as its Chief Financial Officer, effective March 6, 2023. Tim LaLonde joined the firm in 2001 and currently serves as Co-Head of the U.S. Advisory business and holds several other global senior leadership roles around the firm. Over the past 22 years, Mr. LaLonde has been an integral part of Evercore’s leadership, driving the firm’s successful growth.