Company Profile
- EverBank Financial Corp, formerly TIAA FSB Holdings, Inc., (“EFC” “the company”) and its operating subsidiary, EverBank, National Association, formerly TIAA, FSB (“EverBank” or “the bank”), were formed out of the original 2017 acquisition of EverBank Financial Corp by Teachers Insurance and Annuity Association of America (“TIAA”) and the merger of its subsidiary bank into EverBank, National Association.
- Headquartered in Jacksonville, FL, $39.5 billion in assets EverBank follows a nationwide specialized and commercial oriented lending strategy.
- A change in control occurred on 7/31/23 as TIAA sold a majority stake in EFC to a private equity consortium. The current strategy primarily centers on optimizing deposit and lending businesses, expanding existing commercial loan products (e.g., corporate debt finance), and developing certain nationwide commercial lending verticals (e.g., multifamily, fund finance).
- The bank operates a traditional…