JACKSONVILLE, Fla.--(BUSINESS WIRE)--EverBank Financial Corp (NYSE: EVER) announced today the launch of an underwritten, secondary public offering of 7,012,230 shares of its common stock by Sageview Partners L.P. The Company will not sell any shares or receive any proceeds from the offering and the total number of shares of its outstanding common stock will not change as a result of the offering.
UBS Investment Bank is acting as the sole underwriter for the offering. UBS Investment Bank may offer the shares of common stock from time to time for sale in one or more transactions on the NYSE, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The last reported sale price of the Company’s common stock on November 25, 2016 was $19.33 per share.
About EverBank Financial Corp
EverBank Financial Corp, through its wholly-owned subsidiary EverBank, provides a diverse range of financial products and services directly to clients nationwide through multiple business channels. Headquartered in Jacksonville, Florida, EverBank Financial Corp, and its consolidated subsidiaries had $28.7 billion in assets and $19.6 billion in deposits as of September 30, 2016. With an emphasis on value, innovation and service, EverBank offers a broad selection of banking, lending and investing products to consumers and businesses nationwide. EverBank provides services to clients through the internet, over the phone, through the mail, at its Florida-based financial centers and at other business offices throughout the country.