Evercore jumps as record Q1 results, higher dividend and buybacks keep momentum alive
Evercore shares rose about 3% to roughly $329 as investors continued to price in a blowout Q1 2026 report released April 29, featuring record adjusted net revenues of about $1.4 billion and adjusted EPS of $7.53. The company also lifted its quarterly dividend 6% to $0.89 and highlighted $673.3 million returned to shareholders in Q1 via dividends and buybacks.
1) What’s moving EVR today
Evercore (EVR) traded higher on Tuesday, May 5, 2026, as the market extended its positive reaction to the firm’s recently released first-quarter results. The latest update showed a sharp year-over-year rebound in activity and profitability, reinforcing expectations that advisory fee momentum is improving for top-tier independent investment banks. (investors.evercore.com)
2) The catalyst: record quarter plus bigger payout
Evercore’s Q1 2026 release (dated April 29, 2026) highlighted record net revenues around $1.4 billion (GAAP $1.3916 billion; adjusted $1.4015 billion), and EPS of $7.20 (GAAP) and $7.53 (adjusted). Management also increased the quarterly dividend by 6% to $0.89 per share and reported $673.3 million returned to shareholders during the quarter via dividends and repurchases, including 1.9 million shares bought back at an average price of $322.00. (investors.evercore.com)
3) What investors are watching next
With EVR up on the day, attention is shifting to whether the firm can convert a stronger deal environment into sustained advisory fees, and whether capital returns remain elevated. The company’s planned Private Markets Forum in New York City on May 11–12, 2026 is another near-term event that can keep investor focus on pipeline commentary and private-markets positioning. (stockanalysis.com)