Raymond James Downgrades EverBank Financial (EVER) to Outperform
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EverBank Financial Corp Announces First Quarter 2016 Financial Results
April 27, 2016 6:00 AM EDTJACKSONVILLE, Fla.--(BUSINESS WIRE)-- EverBank Financial Corp (NYSE: EVER) announced today its financial results for the first quarter ended March 31, 2016.
"We are pleased with our first quarter performance, which was driven by solid portfolio loan and deposit growth, lower noninterest expense, and strong credit quality," said Rob Clements, chairman and chief executive officer. "We continue to execute on strategic initiatives designed to improve efficiency and enhance the return profile of our franchise."
GAAP net income available to common shareholders was $25.4 million for the first quarter 2016, compared to $42.6 million for the fourth quarter... More
