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Maxim Group Downgrades EverBank Financial (EVER) to Hold

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TIAA Enters into Definitive Agreement to Acquire EverBank

August 8, 2016 7:30 AM EDT

Brings together a leading provider of financial services and a nationwide, diversified bank

Enhances TIAAs suite of products and services to support customers at all life stages

NEW YORK & JACKSONVILLE, Fla.--(BUSINESS WIRE)-- TIAA, a leading financial services provider, announced today an agreement to acquire EverBank (NYSE: EVER), a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAAs banking and lending products and complements the companys full suite of retirement, investment and advisory services available to help customers achieve... More