EverBank
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Corporate headquarters in the Brooklyn area of Downtown Jacksonville
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| Public | |
| Traded as | : EVER |
| Industry | Banking, Financial services |
| Predecessors | First Alliance Bank |
| Founded | Jacksonville, Florida, U.S. (October 1, 1998) |
| Founder | Robert Clements |
| Headquarters |
EverBank Plaza 501 Riverside Ave Jacksonville, Florida, U.S. |
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Area served
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Worldwide |
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Key people
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Robert M. Clements (CEO) W. Blake Wilson, COO Gary A. Meeks, CRO |
| Products | Consumer banking, corporate banking, credit cards, finance and insurance, foreign currency exchange, investment banking, mortgage loans, private equity, wealth management |
| Revenue |
 US$ 883.6 million (2013) |
| Total assets |
US$ 18.2 billion (2013) |
| Total equity |
US$ 1.5 billion (2013) |
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Number of employees
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3700 |
| Website | EverBank |
EverBank is an American diversified financial services company providing banking, mortgages, and investing services. It is based in Jacksonville, Florida, U.S. It operates through standard banking offices and through its Direct Banking division. EverBank Direct operates by telephone, mail, and over the Internet. As of September 30, 2015, EverBank had approximately $25.2 billion in total assets.
As of August 8, 2016 TIAA has reached a deal to buy EverBank for $2.5 billion in cash. This announcement, made around two weeks after EverBank stated it was in talks to be acquired, will see stockholders receive $19.50 per share in cash.
While the roots of EverBank stretch back to 1961, the current incarnation was formed in 1994 when Chairman Robert Clements led an investor group in acquiring Jacksonville, Florida–based Alliance Mortgage Company. In 1998, Alliance Mortgage Company formed First Alliance Bank in Jacksonville, Florida, and shortly thereafter acquired Marine National Bank, also of Jacksonville, Florida. In parallel, Frank Trotter, Rob Foregger, Vincent Amato, and David Galland led another investor group to found EverBank as a national direct-to-consumer bank.
The World Markets division of EverBank originated as a department of Mark Twain Bank, a small St. Louis, Missouri, bank that founded the WorldCurrency(sm) service in 1986. In April 1997 Mark Twain Bank was acquired by Mercantile Bank. EverBank acquired the world currency division from Mercantile Bank in April 1999. EverBank World Markets is still located in Brentwood, Missouri, a St. Louis suburb and provides certificate of deposit (CD) accounts in euros and other non–U.S. dollar currencies.
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Wikipedia