[Part I. Financial Information](index=3&type=section&id=Part%20I.%20Financial%20Information) [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) Evercore's unaudited financial statements detail its financial position, operations, and cash flows, showing increased cash, stable net revenues, and lower net income due to higher expenses [Condensed Consolidated Statements of Financial Condition](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Financial%20Condition) Key Balance Sheet Items (as of Sep 30, 2020 vs. Dec 31, 2019) | Metric | September 30, 2020 ($ thousands) | December 31, 2019 ($ thousands) | Change | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 1,149,291 | 633,808 | +81.3% | | Total Current Assets | 1,642,188 | 1,690,422 | -2.9% | | Total Assets | 2,645,458 | 2,598,613 | +1.8% | | Total Current Liabilities | 617,839 | 668,653 | -7.6% | | Total Liabilities | 1,438,444 | 1,472,363 | -2.3% | | Total Equity | 1,207,014 | 1,126,250 | +7.2% | [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Q3 2020 vs Q3 2019 Performance | Metric | Q3 2020 ($ thousands) | Q3 2019 ($ thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Advisory Fees | 270,662 | 320,885 | -15.6% | | Underwriting Fees | 66,499 | 17,598 | +277.9% | | Total Revenues | 407,518 | 407,864 | -0.1% | | Net Revenues | 402,515 | 402,198 | +0.1% | | Total Expenses | 338,829 | 331,854 | +2.1% | | Net Income Attributable to Evercore Inc. | 42,610 | 43,278 | -1.5% | | Diluted EPS | $1.01 | $1.01 | 0.0% | Nine Months 2020 vs Nine Months 2019 Performance | Metric | Nine Months 2020 ($ thousands) | Nine Months 2019 ($ thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Advisory Fees | 965,662 | 1,090,309 | -11.4% | | Underwriting Fees | 181,182 | 61,428 | +195.0% | | Total Revenues | 1,352,969 | 1,362,492 | -0.7% | | Net Revenues | 1,336,597 | 1,348,571 | -0.9% | | Total Expenses | 1,136,879 | 1,067,583 | +6.5% | | Net Income Attributable to Evercore Inc. | 130,197 | 192,252 | -32.3% | | Diluted EPS | $3.09 | $4.43 | -30.2% | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Cash Flow Summary (Nine Months Ended Sep 30) | Cash Flow Activity | 2020 ($ thousands) | 2019 ($ thousands) | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | 283,195 | 90,955 | | Net Cash Provided by (Used In) Investing Activities | 481,244 | (353,989) | | Net Cash Provided by (Used in) Financing Activities | (248,357) | (218,614) | | **Net Increase (Decrease) in Cash** | **514,780** | **(486,517)** | - Financing activities for the first nine months of 2020 included **$144.3 million** for the purchase of treasury stock and noncontrolling interests, and **$81.3 million** for dividend payments[30](index=30&type=chunk)[31](index=31&type=chunk) [Notes to Unaudited Condensed Consolidated Financial Statements](index=13&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) - The company's business is divided into two segments: Investment Banking (advisory, capital markets, research, and trading) and Investment Management (wealth management, institutional asset management, and private equity interests)[34](index=34&type=chunk)[35](index=35&type=chunk) - In Q1 2020, the company completed a review of operations, resulting in an **8% headcount reduction** and expected aggregate separation and transition costs of approximately **$43.0 million**. For the nine months ended Sep 30, 2020, the company recognized **$39.6 million** in Special Charges, primarily for these realignment costs[67](index=67&type=chunk)[68](index=68&type=chunk)[282](index=282&type=chunk) - On July 2, 2020, the company sold the trust business of Evercore Casa de Bolsa, S.A. de C.V. (ECB), part of its Investment Management segment, for **$1.83 million**, resulting in a pre-tax gain of **$1.355 million**[66](index=66&type=chunk) Segment Pre-Tax Income (Nine Months Ended Sep 30) | Segment | 2020 ($ thousands) | 2019 ($ thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Investment Banking | 195,646 | 275,273 | -28.9% | | Investment Management | 12,624 | 12,941 | -2.5% | | **Total Pre-Tax Income** | **208,270** | **288,214** | **-27.7%** | [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=59&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes the 32% decline in nine-month net income to higher operating expenses and realignment charges, with flat net revenues from underwriting offsetting advisory declines [Results of Operations](index=63&type=section&id=Results%20of%20Operations) - For Q3 2020, Net Revenues were flat year-over-year at **$402.5 million**, as a **$48.9 million (278%) increase** in Underwriting Fees offset a **$50.2 million (16%) decrease** in Advisory Fees[267](index=267&type=chunk) - For the nine months ended Sep 30, 2020, Net Income Attributable to Evercore Inc. decreased **32%** to **$130.2 million** from **$192.3 million** in the prior year period, primarily due to higher operating expenses and special charges[278](index=278&type=chunk) - Employee Compensation and Benefits as a percentage of Net Revenues increased to **64.7%** for the first nine months of 2020, up from **59.6%** in the same period of 2019. Including separation benefits, the ratio was **67.5%**[284](index=284&type=chunk) [Business Segments](index=68&type=section&id=Business%20Segments) - **Investment Banking:** Pre-tax income for the first nine months of 2020 fell **29%** to **$195.6 million**. A **195% increase** in Underwriting Fees to **$181.2 million** was offset by an **11% decrease** in Advisory Fees to **$965.7 million** and a **91% increase** in 'Other Expenses', which included business realignment costs[291](index=291&type=chunk)[299](index=299&type=chunk) - **Investment Management:** Pre-tax income for the first nine months of 2020 was relatively flat at **$12.6 million**. Assets Under Management (AUM) increased to **$10.9 billion** at September 30, 2020, from **$10.7 billion** at year-end 2019, driven by market appreciation in the Wealth Management division[304](index=304&type=chunk)[305](index=305&type=chunk) Assets Under Management (AUM) Activity (Nine Months Ended Sep 30, 2020) | AUM Activity ($ millions) | Wealth Management | Institutional Asset Management | Total | | :--- | :--- | :--- | :--- | | Balance at Dec 31, 2019 | 9,058 | 1,634 | 10,692 | | Inflows | 645 | 530 | 1,175 | | Outflows | (569) | (502) | (1,071) | | Market Appreciation (Depreciation) | 383 | (242) | 141 | | **Balance at Sep 30, 2020** | **9,517** | **1,420** | **10,937** | [Liquidity and Capital Resources](index=76&type=section&id=Liquidity%20and%20Capital%20Resources) - The company's liquidity position strengthened, with Cash, Cash Equivalents and Restricted Cash increasing by **$514.8 million** during the first nine months of 2020 to reach **$1.16 billion**[323](index=323&type=chunk) - The COVID-19 pandemic has adversely impacted M&A activity, but the company's broad capabilities in underwriting, restructuring, and capital markets advisory have helped offset the weakness[333](index=333&type=chunk) - During the first nine months of 2020, the company repurchased **1,886,691 Class A shares** for **$143.5 million**, at an average price of **$76.07 per share**. This includes **854,134 shares** under the public repurchase program and the remainder for employee tax withholding[335](index=335&type=chunk)[336](index=336&type=chunk)[337](index=337&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=82&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company discloses primary market risks from investments, private equity, and foreign exchange, with a 10% adverse change in investments potentially decreasing pre-tax income by $9.6 million - A hypothetical **10% adverse change** in the market value of the company's investments used to hedge its deferred compensation program would result in a decrease in pre-tax income of approximately **$9.6 million** for Q3 2020[367](index=367&type=chunk) - The company faces foreign exchange risk from its operations in Europe, Asia, and Mexico. For the nine months ended September 30, 2020, the net impact of foreign currency fluctuations recorded in Other Comprehensive Income was a loss of **$2.9 million**[373](index=373&type=chunk) [Controls and Procedures](index=83&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of September 30, 2020, with no material changes to internal controls during Q3 - The CEO and CFO concluded that as of the end of the period, the company's disclosure controls and procedures were effective[385](index=385&type=chunk) - No changes were made during Q3 2020 that materially affected, or are reasonably likely to materially affect, the company's internal controls over financial reporting[386](index=386&type=chunk) [Part II. Other Information](index=84&type=section&id=Part%20II.%20Other%20Information) [Legal Proceedings](index=84&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various judicial or regulatory proceedings but believes no pending material proceedings would significantly affect its financial condition - The company states that it is not currently party to any material pending legal proceedings that would have a material effect on its financial results[389](index=389&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=85&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details the company's equity security repurchases, totaling 1,886,691 shares for $143.5 million during the nine months ended September 30, 2020 Issuer Purchases of Equity Securities (Q3 2020) | Period | Total Shares Purchased | Average Price Paid Per Share | Shares Purchased as Part of Public Program | | :--- | :--- | :--- | :--- | | July 1 - 31, 2020 | 5,275 | $57.53 | 0 | | August 1 - 31, 2020 | 5,229 | $55.30 | 0 | | September 1 - 30, 2020 | 5,372 | $62.19 | 0 | | **Total Q3 2020** | **15,876** | **$58.37** | **0** | - As of September 30, 2020, the company had authorization to repurchase a maximum of **3,265,267 additional shares** under its publicly announced plan[391](index=391&type=chunk) [Exhibits](index=86&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including CEO and CFO certifications and Inline XBRL data files - The report includes certifications from the Co-CEOs and the CFO pursuant to Rule 13a-14(a) and Section 906 of the Sarbanes-Oxley Act of 2002[395](index=395&type=chunk)[396](index=396&type=chunk)[397](index=397&type=chunk)[398](index=398&type=chunk)

Evercore Inc. (NYSE:EVR) Q3 2020 Earnings Conference Call October 21, 2020 8:00 AM ET Company Participants Hallie Miller - Head-Investor Relations Ralph Schlosstein - Co-Chairman and Co-Chief Executive Officer John Weinberg - Co-Chairman and Co-Chief Executive Officer Bob Walsh - Chief Financial Officer Conference Call Participants Manan Gosalia - Morgan Stanley Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Jeff Harte - Piper Sandler Brennan Hawken - UBS Steven Chubak - Wolfe Research Operator ...

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, 2020 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. ...

Call Start: 8:00 January 1, 0000 9:16 AM ET Evercore Inc. (NYSE:EVR) Q2 2020 Earnings Conference Call July 22, 2020 8:00 AM ET Company Participants Hallie Miller – Head-Investor Relations Ralph Schlosstein – Co-Chairman and Co-Chief Executive Officer John Weinberg – Co-Chairman and Co-Chief Executive Officer Bob Walsh – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Manan Gosalia – Morgan Stanley Michael Brown – KBW Brennan Hawken – UBS Matt Coad – Autonomous Research Jeff ...

Table of Contents Emerging growth company ☐ 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, 2020 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 - Adjusted net revenues for Q1 2020 were $435 million, a 4% increase compared to Q1 2019, while total revenues from Investment Banking businesses increased by 10% to $436 million [24][25] - Adjusted operating income and adjusted net income were $82.5 million and $57.8 million, reflecting declines of 14% and 29% respectively, with adjusted earnings per share at $1.21, down 27% from Q1 2019 [33][34] - The compensation ratio for Q1 2020 was 62%, impacted by revenue declines and changes in the value of hedges for deferred compensation plans [29][34] Business Line Data and Key Metrics Changes - Advisory fees, the largest revenue source, were $359 million, up 10% compared to Q1 2019, despite a 24% decline in the dollar value of announced M&A transactions globally [25][26] - Underwriting fees fell to $21.1 million, a 22% decline from Q1 2019, as activity halted due to COVID-19 [27] - Commissions and related fees increased by 32% to $55.4 million, marking the best first quarter since 2016, driven by high volatility in equity trading [27][28] Market Data and Key Metrics Changes - The dollar value of closed M&A transactions fell by 37% compared to the same quarter last year, indicating a significant slowdown in M&A activity [26] - The firm maintained its number one ranking for volume of announced transactions over the past 12 months among independent firms, and ranked sixth globally and fourth in the U.S. [46][47] Company Strategy and Development Direction - The company is focusing on four priorities: ensuring team health and safety, pivoting services to meet evolving client needs, leveraging technology for effective operations, and maintaining a strong balance sheet [12][15] - The firm is adapting its advisory efforts to address the current environment, particularly in restructuring and debt advisory, while maintaining a strong liquidity position [18][51] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a gradual recovery, supported by unprecedented fiscal and monetary stimulus, but noted that the recovery will not be as sharp as the decline [15][76] - The firm anticipates that M&A activity will be negatively affected for some time, but sees potential for recovery as strong companies begin to explore opportunities [16][78] Other Important Information - The company returned $178.1 million to shareholders through dividends and share repurchases during the quarter, maintaining a dividend of $0.58 [35][36] - The firm holds approximately $588 million in cash and $264 million in investment securities, with current assets exceeding current liabilities by about $880 million [68] Q&A Session Summary Question: How does this downturn compare to prior ones, particularly the financial crisis? - Management noted that recoveries from financially induced recessions tend to be longer and shallower, but expects a quicker recovery this time due to significant fiscal and monetary stimulus [73][75] Question: What are the early indicators on restructuring opportunities? - Management indicated that while restructuring revenues are increasing, they are not expected to offset the decline in M&A activity due to the timing of success fees [90][91] Question: What are the conditions for maintaining the current dividend? - The firm expects to maintain the dividend as long as cash positions remain strong, without needing to stay at current levels [92] Question: How is the company managing cash and liquidity? - The company is closely monitoring its $880 million working capital and has a strong liquidity position, with careful consideration of compensation and expenses [96][97] Question: What factors will influence the timing of M&A activity recovery? - The recovery will depend on market stability, access to financing, and overall economic conditions, with a focus on health and science developments [100][104]

Table of Contents ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 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. (Exact name of registrant as specified in its charter) _____________________________________________________ Delaware 20-4748747 (Sta ...

Evercore Inc. (NYSE:EVR) Q4 2019 Earnings Conference Call January 29, 2020 8:00 AM ET Company Participants Hallie Miller - Head, IR Ralph Schlosstein - President & CEO John Weinberg - Executive Chairman Bob Walsh - CFO Conference Call Participants Manan Gosalia - Morgan Stanley Brian McKenna - JMP Securities Michael Brown - KBW Operator Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Evercore Fourth Quarter Full Year 2019 Financial Results Conference Call. [Operator Instruction ...

Corporate Presentation November 2019 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect our current views with respect to, among other things, our operations and financial performance. In some cases, you can identify these forward-looking statements by the use of words such as "outlook", "backlog" "believes", "expects", "potential", "probable", "continues", "may", "will", ...

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 September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-32975 (Commission File Number) ____________________________________________________ | --- | - ...