EverBank and WaFd announce $3.9 billion reverse merger

EverBank and WaFd announced a $3.9 billion reverse merger creating a regional bank with roughly $75 billion in assets. WaFd will remain publicly traded, rename itself EverBank Financial, and trade under the new ticker $EVBK, with the merger expected to see ~29% EPS accretion in 2027.

Detected & updated continuously · Source: Nebula

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