Stocks · News reference
Filed: 2026-10-05 AccNo: 0000936528-26-000066 Size: 186 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
WaFd reported 22% full-year earnings per share growth and is reallocating capital from low-yielding residential mortgages to higher-yielding assets. A single $54 million commercial loan impairment temporarily spiked losses, but management views this as an outlier. The pending merger with EverBank in early 2027 is expected to enhance deposit profitability and enable fair valuation of legacy mortgages earning only 4.25%.
WaFd, Inc. announced a planned merger with EverBank Financial Corp, expected to close in early 2027. The deal is projected to deliver 29% EPS accretion in 2027, improve funding stability through combined deposit bases, and expand commercial banking and wealth management capabilities. The combined company will be renamed EverBank Financial Corp with legacy EverBank investors owning 59.2% and WaFd shareholders holding 40.8%.