EverBank to Merge with WaFd in $3.9B Deal

EverBank has agreed to acquire WaFd in a $3.9 billion reverse merger creating a regional bank with $75 billion in assets. The combined entity will trade on the Nasdaq under the ticker EVBK following the expected early 2027 closing.

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FILE PHOTO: A screen displays trading information, as Wall Street's main indexes opened higher on Wednesday, outside the Nasdaq Market site in New York City, August 5, 2026. REUTERS/Shannon Stapleton

Florida-based EverBank Financial agreed to acquire WAFD INC in a $3.9B reverse merger on Monday morning, creating a regional bank with $75B in assets across the United States.

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