Exclusive | EverBank to Combine With WaFd to Create $75 Billion Bank - WSJ — SkimNews
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- WaFd agreed to a $3.9 billion merger with Florida-based EverBank that will create a combined bank roughly $75 billion in size, per a WSJ exclusive also confirmed by The Business Journals and trading outlets.
- The deal was first reported by the Wall Street Journal as an exclusive, with The Business Journals independently confirming the $3.9 billion transaction value.
Why it matters: A $3.9 billion all-stock or cash deal of this size, creating a $75 billion-asset institution, signals continued consolidation in U.S. regional banking — WaFd shareholders effectively gain a Florida footprint while EverBank gains scale beyond its home market.
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