Evercore Partners (EVR) Tops Q3 EPS by 12c

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Evercore Partners Announces Extension of M&A Alliance with Mizuho

November 2, 2015 6:02 AM EST

NEW YORK, Nov. 2, 2015 /PRNewswire/ --

Evercore Partners Inc. (NYSE: EVR) announced today that Evercore, Mizuho Bank, Ltd. ("Mizuho Bank") and Mizuho Securities Co., Ltd. ("Mizuho Securities") have extended their mergers and acquisitions cross-border alliance for an additional three year period and expanded it to operate on a global basis.

The advisory alliance enables Evercore and Mizuho Securities to continue to capitalize on what we believe to be a positive long term trend driving outbound M&A from Japan;... More

Evercore Partners Announces Secondary Offering

November 2, 2015 6:01 AM EST

NEW YORK, Nov. 2, 2015 /PRNewswire/ -- 

Evercore Partners Inc. (NYSE: EVR) announced today the commencement of a public offering of 5,454,545 shares of Class A common stock, all of which are being sold by Mizuho Bank Ltd.  3,100,000 shares are being offered to public investors.  In addition, Evercore intends to repurchase 2,354,545 shares at a price per share equal to the price at which the underwriters will purchase such shares from the selling stockholder.

The shares to be... More

Evercore Reports Third Quarter 2015 Results; Quarterly Dividend Raised to $0.31 Per Share

November 2, 2015 6:00 AM EST

NEW YORK, Nov. 2, 2015 /PRNewswire/ --

Highlights

Third Quarter Financial Summary Record third quarter U.S. GAAP Net Revenues of $309 million, up 36% compared to Q3 2014 U.S. GAAP Net Income Attributable to Evercore Partners Inc. of $7 million, down 70% compared to Q3 2014, or $0.16 per share, down 72% compared to Q3 2014 Record third quarter Adjusted Pro Forma Net Revenues of $306 million, up 36% compared to Q3 2014 Record third quarter Adjusted Pro Forma Net Income... More