Evercore Business and Financial Overview
Commitment to Capital Return and A Strong Balance Sheet
Capital Return
We remain committed to our capital return
objectives which include 1:
Growing the per share dividend as earnings
increase over time, reflective in our most
recent dividend increase to $0.72 per share
(approved in Q2 2022)
► Offsetting dilution associated with annual
bonus equity and new hire grants through
share repurchases
► Returning excess cash not needed for
investment in the business through share
repurchases
Strong Balance Sheet
Strong and liquid balance sheet
We regularly monitor our:
Cash levels
► Liquidity
Regulatory capital requirements
Debt covenants
► Other contractual obligations
We hold cash and investments necessary to fund
prior deferred cash bonus obligations that are to
be paid in cash in the future
4.4 Million
Shares Repurchased in 2022
1.
Subject to our future earnings and our need to maintain a strong liquidity position
2.
Includes cash and investment securities held to satisfy near-term compensation obligations
EVERCORE
13
~$2.1 Billion
Cash, Cash Equivalents and Investment
Securities as of December 31, 2022²View entire presentation