WaFd enters USD 3.9 billion merger agreement with EverBank Financial Corp
Reuters2026/09/07 21:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- EverBank Financial will merge into WaFd in a $3.9 billion deal, leaving WaFd as the holding company.
- WaFd will rename to EverBank Financial, keep its Nasdaq listing, switch ticker to EVBK; EverBank is the accounting acquirer.
- WaFd Bank will merge into EverBank, N.A., with EverBank continuing under its OCC national bank charter.
- Management to be led by Greg Seibly as CEO, Brent Beardall as president; boards set at 13 members each.
- EverBank investors to own about 59.2% of the combined company; WaFd shareholders about 40.8%; closing expected early 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WaFd Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609071700PR_NEWS_USPR_____NY41981) on September 07, 2026, and is solely responsible for the information contained therein.
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