Lazard profit rises as dealmaking recovers, asset management drives growth

Lazard

01/05/2026 11:31

May 1 (Reuters) - Lazard LAZ.N reported higher first-quarter profit on Friday as a pickup in dealmaking and steady growth in its asset management business lifted results.

The investment bank's net income rose to $101 million, or 91 cents per share, in the three months ended March 31. That compares with $60 million, or 56 cents per share, a year earlier.

 (Reporting by Manya Saini in Bengaluru; Editing by Devika Syamnath)

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