Sandler O'Neill Downgrades EverBank Financial (EVER) to Hold

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EverBank Financial Corp Announces Second Quarter 2016 Financial Results

July 26, 2016 6:00 AM EDT

Company Is In Advanced Negotiations To Be Acquired For $19.50 Per Share

Will Not Conduct Previously Scheduled Conference Call

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- EverBank Financial Corp (NYSE: EVER) announced today its financial results for the second quarter ended June 30, 2016.

The Company also announced today that as a result of an ongoing review of its strategic alternatives it is in advanced negotiations with a well-respected financial services company regarding a transaction in which EverBank Financial Corp would be acquired and EverBank Financial Corp's common... More