EverBank to buy WaFd in $3.9B reverse merger

source: news (news:seeking-alpha)published 2026-09-08 00:48ingested 2026-09-08 02:58

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EverBank to buy WaFd in $3.9B reverse merger

Sep 07, 2026, 8:48 PM ETWaFd, Inc. (WAFD) StockBy : Carl Surran, SA News Editor

Florida-based EverBank Financial agreed to acquire smaller Pacific Northwest bank WaFd (WAFD) in a $3.9B reverse merger transaction, the companies said Monday, creating a regional bank with ~$75B in assets.

Under the deal terms, EverBank will merge into WaFd (

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