WaFd and EverBank Finalize $3.9 Billion Reverse Merger to Form a National Banking Leader.
Acquiring Company
WaFd
Acquired Company
EverBank
Description
WaFd and EverBank have officially entered a definitive agreement for a $3.9 billion reverse merger, resulting in a larger nationwide banking organization. Post-merger, WaFd will adopt the EverBank name and enhance its commercial banking platform with over 250 financial centers.
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Based on deal dataFrequently asked
Who acquired EverBank?
EverBank was acquired by WaFd, based in Seattle. The deal was reported on September 8, 2026. WaFd Inc. is a financial institution based in Seattle, Washington, managing locations in nine western states including California, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington. WaFd Inc. WaFd is privately held and operates in Financial Services.
When did WaFd acquire EverBank?
WaFd's acquisition of EverBank was reported on September 8, 2026. WaFd and EverBank have officially entered a definitive agreement for a $3.9 billion reverse merger, resulting in a larger nationwide banking organization. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does EverBank do?
EverBank, N.A. is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. It is privately held, operating in Financial Services, and is based in Irvine.
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