Company Profile
- EverBank Financial Corp (“EFC” or “the company”) is a ~$44 billion asset bank holding company headquartered in Jacksonville, FL, and together with its operating subsidiary, EverBank, National Association (“EverBank” or “the bank”), has 25+ years of operating history with 37 financial centers located primarily in FL and CA.
- The company is majority owned by private equity funds managed by Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street, and Bayview Asset Management. In July 2023, this consortium purchased a majority stake from NY-based TIAA and relaunched the EverBank brand and converted from a thrift to a new national bank charter. TIAA maintains a noncontrolling stake in EFC and spun off the legacy TIAA trust business.
- EFC has historically pursued a branch-light model supported by nationwide digital banking platforms, alongside a nationwide commercially oriented specialized lending strategy. Deposits are sourced…