PERSPECTA

News from every angle

Back to headlines

EverBank and WaFd Announce $3.9 Billion Merger to Form $75 Billion Institution

EverBank and WaFd Financial Group have agreed to merge in a $3.9 billion reverse transaction that will create one of the largest U.S. banks by assets. The combined entity plans to streamline operations and expand its commercial lending portfolio.

7 Sept, 20:30 — 8 Sept, 00:48
PostShare

The Story

Analyzing sources…

Source Diversity

Source Diversity

Moderate (47/100)
4 sources30/33
Spectrum spread2/5 buckets covered8/33
Far L
Left
Center2
Center (2)
investing-comReuters
Right2
Right (2)
seeking-alphawsj
Far R
Geographic diversity2 regions9/34
US3Intl1