Lazard's first-quarter profit rises on jump in assets-March 2024-www.financetom.com

Lazard's first-quarter profit rises on jump in assets

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Lazard's first-quarter profit rises on jump in assets

Apr 25, 2024 3:50 AM

April 25 (Reuters) - Lazard ( LAZ ) reported a higher

first-quarter profit on Thursday buoyed by a growth in assets at

the boutique investment bank.

Profit attributable to Lazard ( LAZ ) was $36 million, or 35 cents

per share, in the quarter, compared with a loss of $22 million,

or 27 cents per share, a year earlier.

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