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💰How are the Investment Banks Doing?(Long Increasing Fees?)💰

💰How are the Investment Banks Doing?(Long Increasing Fees?)💰

Jul 28, 2019
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💰How are the Investment Banks Doing?(Long Increasing Fees?)💰
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Evercore Inc. ($EVR) reported earnings this week and, well, inflation exists somewhere. The company increased adjusted revenue by 18% YOY to $535.8mm. Net income increased by nearly $18mm. The bank reported a decline in the number and dollar volume of its deals but…BUT…numbers nevertheless improved thanks to a strong move in investment banking advisory …

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