# Evercore Q3 2026 Earnings Report Highlights

> Evercore reports record Q3 2026 earnings with 13% revenue growth and $4.28 EPS.
- Title: Evercore Q3 2026 Earnings Report Highlights · The Motley Fool
- Summary: Evercore reports record Q3 2026 earnings with 13% revenue growth and $4.28 EPS. Evercore achieved record adjusted net revenues of $1.178 billion and $4.28…
- Keywords: evercore, q3 2026, earnings call, adjusted net revenue, adjusted diluted eps, underwriting fees, assets under management, investment banking, finance, money, 2026, Earnings
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/28/evercore-evr-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-28T17:38:27+00:00
- Read time: 1 min
- Topics: evercore, q3 2026, earnings call, adjusted net revenue, adjusted diluted eps, underwriting fees, assets under management, investment banking, finance, money
## Q3 2026 Results
Evercore reported record adjusted net revenue of $1,178.2 million, a 13% year-over-year increase.
## Earnings Per Share
Adjusted diluted EPS reached $4.28, a 23% year-over-year increase and a Q3 record.
## Advisory Fees Growth
Adjusted advisory fees grew 14% year-over-year to $1,011.1 million due to market share gains.
## Underwriting Activity
Underwriting fees increased 27% year-over-year to $55.6 million from healthy IPO activity.
## Assets Under Management
Assets under management grew to $16.2 billion, a 5% year-over-year increase.
## Compensation Ratio
Adjusted compensation ratio decreased 200 basis points year-over-year to 63.0%.
## Non-Compensation Ratio
Adjusted non-compensation ratio improved 340 basis points to 14.1% year-over-year.
## SMD Headcount
Investment banking SMD headcount grew to 191 professionals, a 70% increase since 2021.
## Non-M&A Revenue
Non-M&A revenue contributed over 40% of total adjusted net revenue for the latest four quarters.
## Revenue Per Partner
Revenue per partner reached $27.3 million, exceeding the five-year average of $22 million.
## Operating Margin
Adjusted operating margin reached 22.7% for the first nine months of 2026, up 336 basis points.
## Capital Returns
Year-to-date capital returns exceeded $1 billion, a historical peak for the firm.
## Share Repurchases
Repurchased 0.5 million shares at an average price of $291.60 per share in Q3.
## Quarterly Dividend
Declared $0.89 per share quarterly dividend as part of capital return strategy.
## Cash and Securities
Cash and investment securities totaled $2.8 billion as of Sept. 30, 2026, up from $2.4 billion one year earlier.
## Leadership Changes
Nigel Dawn and Naveen Nataraj appointed co-presidents effective Jan. 1, 2027.
## Key takeaway

Evercore achieved record adjusted net revenues of $1.178 billion and $4.28 EPS for Q3 2026, marking a 13% year-over-year increase.