EverBank reports strong asset and earnings growth
03/31/2008
Jacksonville, FL - EverBank®, the largest bank headquartered in Jacksonville, announced fourth quarter asset and earnings growth of 18% and 74%, respectfully — placing EverBank's year-end assets at more than $5.5 billion.
"Our performance reflects the company's commitment to building assets and consistent revenue streams," states Rob Clements, Chairman and CEO of EverBank. "Despite the difficult environment facing financial institutions, our diversification strategy, combined with a strong capital and liquidity position has enabled us to withstand market fluctuation," continued Clements.
For the full year 2007, EverBank's assets grew by $1.3 billion, or 32%, and earnings increased to over $30.1 million. For the fourth quarter, assets increased more than $800 million, with earnings increasing $3.5 million.
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- EverBank Financial Corp is a private financial services holding company headquartered in Jacksonville, Florida. With approximately $5.3 billion in assets, 1,500 employees, and over 450,000 customers nationwide, EverBank is one of the industry's fastest growing, high performing financial service firms.
EverBank provides national banking and lending products directly to consumers and through a variety of business partners. EverBank has received numerous awards including Forbes and Online Banking Report's "Best of the Web", Kiplinger's Personal Finance magazine's "Best Checking Account" as well as other servicing, banking, and technology honors.
EverBank, the EverBank Infinity Sphere and the EverBank logo are proprietary service marks of EverBank. All rights reserved.
