Recent Updates — LAZ

Lazard reported third-quarter 2026 GAAP net revenue of $814 million, up 9% year-over-year, with adjusted net revenue of $805 million, an 11% increase. GAAP diluted earnings per share were $0.26, compared to $0.36 on an adjusted basis. Financial Advisory revenue rose 10% to $470 million, while Asset Management revenue increased 9% to $357 million. The firm also declared a quarterly dividend of $0.50 per share, payable November 13, 2026, to shareholders of record on November 2, 2026. Lazard is an independent global financial advisory and asset management firm.

Michael Gathy resigned as chief accounting officer and principal accounting officer of Lazard to pursue other opportunities, effective December 11, 2026. Chief Financial Officer Tracy Farr will assume the additional responsibilities of principal accounting officer on that date without receiving additional compensation. Lazard operates in the financial services industry, providing investment banking, asset management, and advisory services.

Lazard, Inc. reported second-quarter 2026 net revenue of $808 million and adjusted net revenue of $786 million. The company declared a quarterly dividend of $0.50 per share, payable on August 14, 2026, to stockholders of record on August 3, 2026. Asset Management net revenue grew 20% to $351 million for the quarter. Lazard, Inc. is a financial advisory and asset management firm.

Andrew M. Alper is retiring from the Board of Directors, including all committees, effective July 7, 2026. Kathy Elsesser has been elected to the Board and the Compensation Committee, effective July 7, 2026, and will serve as Chair of the Compensation Committee. Lazard, Inc. is a global financial services firm providing advisory services to corporations, governments, and institutions.