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Sterling Bancorp Sells Sterling Bank and Trust to EverBank Financial Corp for $261,000,000
Sep 16, 2024•almost 2 years ago
Contract Type
contract
SouthfieldFinancial ServicesFinanceFintechLendingBankingDescription
Sterling Bancorp, Inc. has announced the sale of Sterling Bank and Trust, F.S.B. to EverBank Financial Corp for fixed cash consideration of $261,000,000. The sale is subject to regulatory approvals and approval by Sterling’s shareholders, with the expected closing in the first quarter of 2025.
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