Lincoln International climbs after posting higher quarterly profit

Lincoln International

06/08/2026 15:09

** Shares of investment bank Lincoln International LCLN.N climbs 12% to $23.42
** Co reports Q2 adj. net income of $28.7 million compared to $20.8 million a year ago
** Investment banking advisory revenue jumped 56% to $177.7 million from a year ago
** In Q2, co used a portion of the net proceeds from its IPO to repay about $195.8 million of the debt incurred primarily to finance the MarshBerry acquisition
** Three of seven analysts rate stock "strong buy" or "buy" and four "hold"; their median PT is $27 - data compiled by LSEG
** As of last close stock, stock up 3.7% since its IPO in May 



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))