EverBank Takes Control of WaFd in $3.9B Reverse Merger

EverBank Takes Control of WaFd in $3.9B Reverse Merger

Privately held EverBank will merge into public WaFd, take 59.2% of the combined company and keep its name, CEO and charter, forming a $75 billion regional bank.

EverBank, WaFd to merge in $3.9B deal

The transaction, set to close in the first quarter of 2027, would create a lender with $75 billion in assets, $59 billion in deposits and $58 billion in loans.

WaFd, Inc. Enters into a $3.9 Billion Reverse Merger Transaction with EverBank Financial Corp

/PRNewswire/ -- EverBank Financial Corp, the parent company of EverBank, N.A., and WaFd, Inc. (NASDAQ: WAFD), the parent company of WaFd Bank, today announced...

WaFd agrees to $3.9 billion merger deal with Florida-based EverBank

EverBank to combine with WaFd in $3.9 billion reverse merger

EverBank, WaFd Strike Reverse Merger to Build $75 Billion Regional Bank

EverBank Financial and WaFd have agreed to combine in a reverse merger to create a regional bank with approximately $75... The post EverBank, WaFd Strike Reverse Merger to Build $75 Billion Regional Bank appeared first on citybiz.