Evercore Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
EVR$295.30+3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(dollars and share amounts in thousands, except per share data)
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenues | |||
| Investment Banking & Equities: | |||
| Advisory Fees | $1,963,857 | $2,392,990 | $2,751,992 |
| Underwriting Fees | 111,016 | 122,596 | 246,705 |
| Commissions and Related Revenue | 202,789 | 206,207 | 205,822 |
| Asset Management and Administration Fees | 67,041 | 64,483 | 65,784 |
| Other Revenue, Including Interest and Investments | 97,963 | (7,378) | 36,782 |
| Total Revenues | 2,442,666 | 2,778,898 | 3,307,085 |
| Interest Expense | 16,717 | 16,850 | 17,586 |
| Net Revenues | 2,425,949 | 2,762,048 | 3,289,499 |
| Expenses | |||
| Employee Compensation and Benefits | 1,656,875 | 1,697,519 | 1,848,757 |
| Occupancy and Equipment Rental | 84,329 | 78,437 | 73,887 |
| Professional Fees | 108,801 | 108,288 | 96,288 |
| Travel and Related Expenses | 64,527 | 50,183 | 21,479 |
| Communications and Information Services | 71,603 | 62,642 | 57,775 |
| Depreciation and Amortization | 24,348 | 27,713 | 28,099 |
| Execution, Clearing and Custody Fees | 12,275 | 10,345 | 11,588 |
| Special Charges, Including Business Realignment Costs | 2,921 | 3,126 | 8,554 |
| Acquisition and Transition Costs | — | — | 7 |
| Other Operating Expenses | 41,135 | 27,753 | 40,627 |
| Total Expenses | 2,066,814 | 2,066,006 | 2,187,061 |
| Income Before Income from Equity Method Investments and Income Taxes | 359,135 | 696,042 | 1,102,438 |
| Income from Equity Method Investments | 6,655 | 7,999 | 14,161 |
| Income Before Income Taxes | 365,790 | 704,041 | 1,116,599 |
| Provision for Income Taxes | 80,567 | 172,626 | 248,026 |
| Net Income | 285,223 | 531,415 | 868,573 |
| Net Income Attributable to Noncontrolling Interest | 29,744 | 54,895 | 128,457 |
| Net Income Attributable to Evercore Inc. | $255,479 | $476,520 | $740,116 |
| Net Income Attributable to Evercore Inc. Common Shareholders | $255,479 | $476,520 | $740,116 |
| Weighted Average Shares of Class A Common Stock Outstanding | |||
| Basic | 38,101 | 39,224 | 40,054 |
| Diluted | 40,099 | 41,037 | 43,321 |
| Net Income Per Share Attributable to Evercore Inc. Common Shareholders: | |||
| Basic | $6.71 | $12.15 | $18.48 |
| Diluted | $6.37 | $11.61 | $17.08 |
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