JACKSONVILLE, Fla., Sept. 28 /PRNewswire/ -- EverBank(R), one of the
nation's largest privately-held financial services firms, announced today
that it has successfully acquired approximately $700 million of NetBank
mortgage assets. This transaction will bring EverBank's total assets to
over $5.3 billion.
"This has been a great year of growth for us," said Rob Clements,
Chairman and CEO of EverBank. "We have seen an 11% increase in earnings for
the first half of 2007, compared to the same timeframe in 2006, and a 20%
increase in assets. This acquisition will increase our assets by another
15%."
EverBank recorded earnings of $32.6 million for the year ending
December 31, 2006, up 15% from 2005 earnings of $28.2 million. Total assets
were $4.2 billion on December 31, 2006, a 14% increase from $3.7 billion a
year ago. Return on equity for 2006 was 17%.
EverBank 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.
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SOURCE EverBank
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CONTACT:
Peter Robbio, +1-703-683-5004 ext. 116, or
Kari Scott, +1-703-683-5004 ext. 128, for EverBank
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