From TokenPost · · 40s
WaFd Projects 29% 2027 EPS Accretion From EverBank Merger
WaFd's proposed merger with EverBank could boost 2027 earnings per share by 29%.
In brief
WaFd's proposed merger with EverBank could boost 2027 earnings per share by 29%. WaFd expects its $3.9 billion merger with EverBank to increase 2027 EPS by 29% through cost synergies. Originally reported by TokenPost.
WaFd and EverBank Merger
WaFd expects its proposed $3.9 billion reverse merger with EverBank to lift 2027 earnings per share by about 29% after full cost synergies.
Ownership Split
EverBank investors will own 59.2% of the combined company, while WaFd shareholders hold 40.8%.
Transaction Timeline
The merger is expected to close in early 2027 after regulatory approval and a WaFd shareholder vote.
The one thing
WaFd expects its $3.9 billion merger with EverBank to increase 2027 EPS by 29% through cost synergies.
