Lazard Ltd. Reports Strong Third Quarter Performance

Lazard Ltd. ( (LAZ) ) has released its Q3 earnings. Here is a breakdown of the information Lazard Ltd. presented to its investors.

Lazard Ltd., a prominent financial advisory and asset management firm, operates globally, providing expertise in mergers and acquisitions, capital markets, and investment solutions.

In its latest earnings report, Lazard Ltd. announced a record firmwide adjusted net revenue of $725 million for the third quarter of 2025, marking a 12% increase from the previous year. The company also reported significant growth in its Financial Advisory and Asset Management divisions, with the former achieving a record $1.3 billion in adjusted net revenue for the first nine months of 2025.

Key financial highlights include a 15% year-over-year increase in Financial Advisory net revenue for the third quarter, reaching $427 million. Asset Management also saw positive net inflows of $1.6 billion, with total assets under management (AUM) rising by 17% year-to-date. Despite a slight decline in overall net revenue, Lazard’s adjusted net income for the third quarter rose by 56% to $62 million, reflecting the company’s strategic focus on growth and efficiency.

Lazard’s management expressed optimism about the future, citing a constructive environment for both its advisory and asset management businesses. The company anticipates further progress with the upcoming appointment of Chris Hogbin as CEO of Asset Management, aiming to accelerate its growth trajectory.

Looking ahead, Lazard remains committed to its long-term growth strategy, focusing on enhancing shareholder value while navigating the evolving financial landscape. The firm continues to leverage its global presence and expertise to capitalize on emerging opportunities in the financial advisory and asset management sectors.