Post Tagged with: "bank acquisition"

Innovation Helps EverBank Score a Higher Acquisition Multiple

Innovation Helps EverBank Score a Higher Acquisition Multiple

by August 8, 2016 at 2:56 pm 0 comments

EverBank Financial Corp. today scored a valuation multiple of nearly 22x earnings in its sale to TIAA. No wonder the EverBank executive team said it was “excited” about the deal. That multiple (21.67x to be exact) will translate into a sale price of about $2.5 billion, when the deal finally closes, mostRead More