7 unchanged sentences
Dividend Policy
−Removed: The Company paid quarterly cash dividends of $0.58 per share of Class A common stock for the quarters ended December 31, 2019 , September 30, 2019 and June 30, 2019 , $0.50 per share for the quarters ended March 31, 2019 , December 31, 2018, September 30, 2018 and June 30, 2018 and $0.40 per share for the quarter ended March 31, 2018.
+Added: The Company paid quarterly cash dividends of $0.61 per share of Class A common stock for the quarter ended December 31, 2020, $0.58 per share for the quarters ended September 30, 2020, June 30, 2020, March 31, 2020, December 31, 2019, September 30, 2019 and June 30, 2019 and $0.50 per share for the quarter ended March 31, 2019.
We pay dividend equivalents, in the form of unvested RSU awards or deferred cash dividends, concurrently with the payment of dividends to the holders of Class A common shares, on all unvested RSU grants awarded in conjunction with annual bonuses and new hire awards.
15 unchanged sentences
Shares (or Units)
−Removed: Average Price
−Removed: Paid Per Share
−Removed: Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs(2)
−Removed: Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs(2)
+Added: Purchased(1) Average Price
+Added: Paid Per Share Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs(2) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs(2)
January 1 to January 31 32,232 $ 76.45 25,000 4,094,401
23 unchanged sentences
The following table sets forth the historical selected financial data for the Company for all periods presented.
−Removed: For more information on our historical financial information, see Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and Item 8 "Financial Statements and Supplementary Data." During 2018, certain balances for prior periods were reclassified to conform to their current presentation.
+Added: For more information on our historical financial information, see Item 7.
+Added: "Management's Discussion and Analysis of Financial Condition and Results of Operations" and Item 8.
+Added: "Financial Statements and Supplementary Data." During 2018, certain balances for prior periods were reclassified to conform to their current presentation.
We disaggregated "Investment Banking Revenue" into "Advisory Fees," "Underwriting Fees" and "Commissions and Related Fees" and renamed "Investment Management Revenue" to "Asset Management and Administration Fees," which includes management fees from our wealth management and institutional asset management businesses.
−Removed: See Note 5 to the Company's consolidated financial statements for further information on business changes and developments.
+Added: On July 2, 2020, we sold the trust business of ECB (the "ECB Trust business") and on December 16, 2020, we sold the remaining ECB business.
+Added: See Note 5 to our consolidated financial statements for further information on business changes and developments.
+Added: 2020 2019 2018 2017 2016
(dollars in thousands, except per share data)
5 unchanged sentences
Asset Management and Administration Fees (1)
+Added: 54,397 50,611 48,246 59,648 63,404
Other Revenue, Including Interest and Investments (1)
+Added: (6,309) 45,454 19,051 88,828 29,380
Total Revenues 2,285,319 2,028,837 2,082,476 1,724,345 1,456,790
Interest Expense 21,414 20,139 17,771 19,996 16,738
+Added: Net Revenues 2,263,905 2,008,698 2,064,705 1,704,349 1,440,052
Operating Expenses 1,688,015 1,534,122 1,492,241 1,227,573 1,077,706
5 unchanged sentences
Provision for Income Taxes 128,151 95,046 108,520 258,442 119,303
+Added: Net Income 412,680 353,661 442,851 179,207 148,512
Net Income Attributable to Noncontrolling Interest 62,106 56,225 65,611 53,753 40,984
Net Income Attributable to Evercore Inc.
+Added: $ 350,574 $ 297,436 $ 377,240 $ 125,454 $ 107,528
Dividends Declared per Share $ 2.35 $ 2.24 $ 1.90 $ 1.42 $ 1.27
2 unchanged sentences
STATEMENT OF FINANCIAL CONDITION DATA
+Added: Total Assets $ 3,370,888 $ 2,598,613 $ 2,125,667 $ 1,584,886 $ 1,662,346
Long-term Liabilities $ 817,581 $ 803,710 $ 368,037 $ 324,466 $ 415,594
2 unchanged sentences
Noncontrolling Interest $ 258,428 $ 256,534 $ 249,819 $ 252,404 $ 256,033
+Added: Total Equity $ 1,489,374 $ 1,126,250 $ 1,007,939 $ 796,368 $ 783,331
(1) Certain balances in prior periods were reclassified to conform to their current presentation.
−Removed: See Note 2 to the Company's consolidated financial statements for further information.
+Added: See Note 2 to our consolidated financial statements for further information.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.