Evercore Financial Performance and Governance
Track Record of Achieving Strong Results for Our Clients, Our People and Our
Shareholders
#1
in Advisory Revenues Among
Independent Firms and #4 Among All
Firms each year since 20181,2,3
98%
Of equity and equity-linked underwriting
transactions of which Evercore participated,
we served as bookrunner
At least 1/3
Of Total Revenue over the past four years
is from non-M&A businesses4
41
Advisory Senior Managing Directors
promoted or hired in the past two years
12%
10-Year Adjusted Net Revenue CAGR
(2014-2023)1
#1
M&A league table ranking globally among all
independent firms in 2023
$2.6Bn
5-Year Adjusted Net Revenue Average
(2019-2023)1
#1
Research Provider on a weighted basis
among all firms in 2023, with 45 top-ranked
analysts5, more than any other firm
50%
10-Year Total Return in excess of the S&P
5006
$3.1
~3.0
Billion Capital Returned to Shareholders
Since 20187
Million shares repurchased in 2023
6%
Increase to our quarterly dividend in Q1
2023. We have increased our dividend
every year since 2008
Net Revenues, EPS and Operating Margins for all periods reflect Adjusted figures on a gross basis as described in the Q4 2023 earnings release. A reconciliation to the corresponding GAAP figures is available in Appendix at the end of this presentation
FY 2023 Advisory revenues based on reported quarterly results for all firms that have reported through February 8, 2024
Total fee pool includes Advisory revenues from BAC, BARC, C, CS, DB, EVR, JEF, GS, HLI, JPM, LAZ, MC, MS, PIPR, PJT, PWP, UBS. Independents' fee pool includes Advisory revenues from EVR, HLI, LAZ, MC, PJT, PWP
Source: M&A data sourced from Refinitiv; Fee data sourced from Company reports and SEC filings
1.
2.
3.
4.
5.
Institutional Investor survey released in October 2023
6.
Assumes dividends are reinvested. Represents 12/31/2013 - 12/31/2023
Non-M&A businesses include Underwriting Fees, Commissions and Related Revenues, Asset Management and Administration Fees, which are publicly reported revenue line items. In addition, this includes components of Advisory Fees that are considered
non-traditional M&A such as restructuring, private capital advisory, fundraising, etc.
7. Includes dividends to Class A shareholders and equivalent amounts distributed to holders of LP units
EVERCORE
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