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WaFd and EverBank Finalize $3.9 Billion Reverse Merger to Form a National Banking Leader.

Sep 07, 2026about 3 hours ago

Contract Type

agreement

United StatesFinancial ServicesFinanceFintechLendingBanking

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.

Company Information

Company

WaFd

Location

United States

About

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. has been in operation since 1917 and employed about 2,400 staffers before the merger.

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