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The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.
January 15 -
EverBank (EVER) in Jacksonville, Fla., is laying off 302 employees, or about 7% of its workforce, as it quits the business of servicing defaulted home loans.
December 11 -
EverBank Financial (EVER) in Jacksonville, Fla., has agreed to pay the Federal Deposit Insurance Corp. $48 million in connection with its purchase of the failed Bank of Florida in May 2010.
December 11 -
EverBank Financial Corp. (EVER) in Jacksonville, Fla., has agreed to sell its default mortgage servicing platform, along with more than $20 billion in rights, to a subsidiary of Walter Investment Management.
October 31 -
EverBank Financial (EVER) has reached a $43 million settlement with the Office of the Comptroller of the Currency in connection with allegations of improper foreclosure practices.
August 23
Everbank Financial (EVER) in Jacksonville, Fla.,
The $17.6 billion-asset company's fourth-quarter earnings fell 36% from a year earlier, to $18.5 million. At 13 cents, the company's earnings per share missed the average estimate of analysts polled by Bloomberg by 9 cents.
Noninterest income fell 24% from a year earlier, to $95.7 million, largely because a $19 million decline in gains from loan sales.
Net interest income fell 8% from a year earlier, to $135 million, primarily because of the company had fewer loans held for sale and lower investment securities average balances. The net interest margin narrowed by 26 basis points from a year earlier, to 3.30%.
Noninterest expense declined 9% from a year earlier, to $197 million.
The loan-loss provision fell 33% from a year earlier, to $7 million. Net chargeoffs fell 35% from the fourth quarter of 2012, to $6 million.
