Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-32975 _________________________________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-32975 ________________________________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K _____________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR (Exact name of registrant as specified in its charter) ____________________________________________________ (State or Other Jurisdiction of Incorporation or Organization) Delaware 20-4748747 (I.R.S. Employer Ident ...

Evercore Inc. (NYSE:EVR) Q4 2022 Earnings Conference Call February 1, 2022 8:00 AM ET Company Participants Katy Haber - Head of Investor Relations and ESG John Weinberg - Chairman and Chief Executive Officer Celeste Mellet - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Group AG James Yaro - Goldman Sachs Matthew Moon - KBW James Mitchell - Seaport Global Devin Ryan - JMP Securities Brendan O’Brien - Wolfe Research Manan Gosalia - Morgan Stanley Operator Good day and welcome to t ...

Employment and Workforce - As of September 30, 2022, Evercore employed approximately 2,160 people, an increase from 1,950 employees in the same period of 2021[228]. Revenue Generation - The Investment Banking segment generates revenue primarily from advisory fees, which are contingent on the successful completion of transactions[201]. - Revenue trends in the advisory business are correlated with M&A activity, restructuring activity, and capital advisory activity, which can vary significantly[204]. - The Investment Management business derives revenue from management fees, fiduciary fees, and gains or losses on investments[205]. Financial Performance - Net Income Attributable to Evercore Inc. was $82.4 million for the three months ended September 30, 2022, a decrease of $77.1 million, or 48%, compared to $159.5 million for the same period in 2021[230]. - Net Revenues were $576.9 million for the three months ended September 30, 2022, a decrease of $246.6 million, or 30%, versus $823.6 million for the same period in 2021[231]. - Net Income for the nine months ended September 30, 2022, was $336.1 million, a decrease of $108.2 million, or 24%, compared to $444.3 million for the same period in 2021[240]. - Net Revenues for the nine months ended September 30, 2022, were $1.93 billion, a decrease of $243.0 million, or 11%, versus $2.17 billion for the same period in 2021[241]. Operating Expenses - Total Operating Expenses were $446.5 million for the three months ended September 30, 2022, a decrease of $123.3 million, or 22%, compared to $569.8 million for the same period in 2021[234]. - Employee Compensation and Benefits Expense was $355.8 million for the three months ended September 30, 2022, a decrease of $130.7 million, or 27%, versus $486.5 million for the same period in 2021[234]. - Total Operating Expenses for the nine months ended September 30, 2022, were $1.44 billion, a decrease of $74.6 million, or 5%, compared to $1.52 billion for the same period in 2021[245]. Advisory and Underwriting Fees - Advisory Fees decreased by $220.1 million, or 31%, and Underwriting Fees decreased by $25.7 million, or 47%, compared to the three months ended September 30, 2021[231]. - Investment Banking Net Revenues for the three months ended September 30, 2022 were $560.5 million, a decrease of 31% from $806.9 million in the same period of 2021[258]. - Underwriting Fees fell by $25.7 million, or 47%, for the three months ended September 30, 2022, reflecting a decrease in the number of transactions due to lower market issuances[258]. Market Activity - The dollar value of North American announced M&A activity decreased by 60% to $266 billion for the three months ended September 30, 2022, compared to $663 billion in the same period of 2021[257]. - The total number of Underwriting Transactions decreased by 61% to 11 for the three months ended September 30, 2022, compared to 28 in the same period of 2021[257]. Wealth Management - Wealth Management revenues decreased by 8% to $15.6 million for Q3 2022, while net revenues were $16.4 million, down 1% from Q3 2021[266]. - Assets Under Management (AUM) for Wealth Management decreased by 18% to $10.0 billion as of September 30, 2022, down from $12.2 billion at the end of 2021[270]. - The company experienced a net inflow of $1.1 million but faced outflows of $1.1 billion and market depreciation of $2.2 billion, resulting in a total AUM of $9.986 billion[273]. Investment Performance - Income from Equity Method Investments decreased by 49% to $1.6 million for Q3 2022, primarily due to lower income from ABS following a partial sale of interests[278]. - Wealth Management underperformed the S&P 500 by approximately 4% on a 1-year basis but outperformed it by 1% on a 3-year basis[277]. Cash Flow and Liquidity - Cash, Cash Equivalents, and Restricted Cash decreased to $482.2 million as of September 30, 2022, down $105.1 million from $587.3 million at December 31, 2021[286]. - Operating activities generated a net inflow of $157.2 million for the nine months ended September 30, 2022, compared to $529.9 million for the same period in 2021[289]. - The liquidity position is closely monitored, with cash flows from operations funding expenses, including annual bonus payments and deferred compensation arrangements[291]. Debt and Financing - The company issued an aggregate of $170.0 million in senior notes on March 30, 2016, with interest rates ranging from 4.88% to 5.58% across different series[303]. - The company prepaid $67.0 million of its Series B Notes in June 2022, resulting in a recorded loss of $0.5 million for the nine months ended September 30, 2022[305]. - The company issued $175.0 million and £25.0 million in senior unsecured notes on August 1, 2019, with a weighted average interest rate of 4.26%[307]. Tax and Compliance - The provision for income taxes for the nine months ended September 30, 2022, was $114.1 million, reflecting an effective tax rate of 23.2%[249]. - As of September 30, 2022, the company was in compliance with all financial covenants related to its private placement notes, including a maximum leverage ratio and a minimum tangible net worth[304][308][310][312]. Economic Environment - The company faces macroeconomic uncertainties, including high inflation and rising interest rates, which may impact M&A activity and overall revenue generation[294].

Evercore Inc. (NYSE:EVR) Q3 2022 Earnings Conference Call October 26, 2022 8:00 AM ET Company Participants Katy Haber - Head of Investor Relations and ESG John Weinberg - Chief Executive Officer Celeste Mellet - Chief Financial Officer Conference Call Participants Brendan O’Brien - Wolfe Research, LLC Richard Ramsden - Goldman Sachs Brennan Hawken - UBS Group AG Michael Brown - Keefe, Bruyette & Woods, Inc. Manan Gosalia - Morgan Stanley Devin Ryan - JMP Securities Operator Good day, and welcome to the Ever ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-32975 _________________________________________________ ...

Evercore, Inc. (NYSE:EVR) Q2 2022 Earnings Conference Call July 27, 2022 8:00 AM ET Company Participants Katy Haber - Head of IR & ESG John Weinberg - Chairman & CEO Celeste Mellet - Senior Managing Director & CFO Conference Call Participants Richard Ramsden - Goldman Sachs Jeff Harte - Piper Sandler Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Michael Brown - KBW James Mitchell - Seaport Research Partners Devin Ryan - JMP Securities Manan Gosalia - Morgan Stanley Operator Good morning, and thank y ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-32975 ________________________________________________ ...

Financial Data and Key Metrics Changes - Evercore reported adjusted net revenues of $728 million, a 9% increase year-over-year, and adjusted advisory revenues of $625 million, up 22% year-over-year, both setting records for the first quarter [9][25] - Adjusted earnings per share (EPS) reached $3.80, reflecting a 16% increase from the previous year [26] - Adjusted net income for the quarter was $173 million, up 7% compared to the same period last year [26] Business Line Data and Key Metrics Changes - The underwriting business generated $36 million in revenue, down 54% year-over-year, impacted by market volatility [25] - The equities business reported commissions and related fees of $51 million, a decrease of 5% year-over-year [25] - Adjusted asset management and administration fees increased to $19 million, an 8% rise due to higher assets under management (AUM) [26] Market Data and Key Metrics Changes - Global and U.S. M&A announced dollar volume decreased by 21% and 19% respectively compared to Q1 2021, with the number of announced deals falling by 17% globally and 20% in the U.S. [11] - For deals above $5 billion, dollar volume declined by 10% and the number of announced deals fell over 30% compared to the previous year [11] - In the $1 billion to $5 billion range, dollar volumes decreased by 40%, while the number of transactions fell by 36% year-over-year [12] Company Strategy and Development Direction - The company remains optimistic about future M&A activity driven by low interest rates, corporate growth searches, and increased private equity activity, with private equity dry powder exceeding $3.4 trillion [10][12] - Evercore is focused on investing in talent and expanding capabilities, with a successful start to external recruiting efforts in 2022 [12][22] - The firm is committed to returning excess cash to shareholders through dividends and share repurchases, raising its dividend by 6% to $0.72 per share [21][22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging geopolitical backdrop, particularly the war in Ukraine, which has increased global uncertainty and capital market volatility [9] - Despite the current environment, management believes the fundamental themes driving M&A activity remain intact, with strong backlogs and ongoing client engagement [10][30] - The company is monitoring the timing of deal closings due to elevated global uncertainty but remains confident in its positioning for future opportunities [30][34] Other Important Information - The adjusted operating margin for the first quarter was 29.5%, slightly down from 30.1% in the previous year [26] - The company returned $298 million to shareholders during the quarter through dividends and share repurchases [21] - The adjusted tax rate for the quarter was 17.1%, influenced by share price appreciation [32] Q&A Session Summary Question: Outlook given backlog and financing market tightening - Management indicated that while uncertainty is high, dialogues with clients remain active and they can see three months out, but longer-term visibility is challenging [37][38] Question: Breakdown of advisory revenue from sponsors - Management confirmed that the range of 30% to 45% of advisory revenue from sponsors remains valid, with ongoing investments in both capital advisory and M&A [40][41] Question: Impact of tech market sell-offs on M&A - Management noted that while seller and buyer expectations may widen, dialogues remain active, and there is still interest in tech deals despite market fluctuations [45][46] Question: Recruiting environment and talent acquisition - Management expressed confidence in recruiting high-quality talent, with ongoing discussions and successful hires in key areas [49][50] Question: Strength of restructuring business and economic conditions - Management highlighted that while traditional restructuring work is slow, they are well-positioned for future opportunities as market conditions change [52][53] Question: Deal appetite from sponsors and corporates - Management stated that sponsors are ready to engage due to significant dry powder, while corporates are still in strategic discussions, waiting for a more stable environment [55][56] Question: Backlog strength compared to previous periods - Management affirmed that their backlog remains strong, although they cannot provide specific comparisons to previous years due to uncertainty [76][77] Question: Sustainable run rate for underwriting business - Management indicated that they are making progress in the underwriting business and aspire to move up in league tables, focusing on value addition and capability enhancement [80]