EverBank

Jacksonville, United States Founded: 1998 • Age: 28 yrs Acquired By TIAA
Commercial banking services are provided to businesses and individuals nationwide.
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About EverBank

EverBank is a company based in Jacksonville (United States) founded in 1998 was acquired by TIAA in August 2016.. EverBank has completed 1 acquisition, including Sterling Bank & Trust. EverBank offers products and services including Performance Savings, Performance Checking, High-Yield CDs, and SBA Loans. EverBank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Jacksonville, United States
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Everbank Financial Corp
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
    $144.93 M
    11
    as on Dec 31, 2016
  • EBITDA
  • Latest Funding Round
    $175 M (USD), Debt – Conventional

    Jun 01, 2015

  • Investors
    TIAA

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    TIAA

    (Aug 08, 2016)

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Products & Services of EverBank

EverBank offers a comprehensive portfolio of products and services, including Performance Savings, Performance Checking, High-Yield CDs, and SBA Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-yield account with no fees and competitive rates

Account for everyday banking with no-fee ATM access

Certificate of deposit offering fixed returns

Business loans for small enterprises and growth

People of EverBank
Headcount 10000+
Employee Profiles 621
Board Members and Advisors 18
Employee Profiles
People
Etienne Mayrand
Enterprise Architect
People
Keith Oberg
Senior Director; Business Continous Improvement - New Products And Services
People
Srinivasa Chereddi
Mgr, Technical Lead
People
Ben Kanakabhai
Director, Sr Lead Information Security Manager

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Board Members and Advisors
people
Maureen O’Hara
Trustee
people
Jeffrey R. Brown
Trustee
people
Lisa W. Hess
Trustee
people
Ronald J. Daniels
Board of Governors Member

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Funding Insights of EverBank

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $175.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Debt – Conventional - EverBank Valuation

investors

Jul, 2008 Amount Series A - EverBank Valuation

investors

Jun, 2008 Amount Unspecified - EverBank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EverBank

EverBank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include TIAA, Aquiline Capital Partners and Sageview Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are pursued in Europe and the US.
Founded Year Domain Location
Private equity and debt investments are directed toward financial sectors.
Founded Year Domain Location
Provider of retirement planning, investment, and wealth management services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EverBank

EverBank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sterling Bank & Trust. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial banking services are provided to businesses and individuals.
1984
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - EverBank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Everbank Comparisons

Employees
+
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Competitors of EverBank

EverBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Regional bank
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Everbank

Frequently Asked Questions about EverBank

When was EverBank founded?

EverBank was founded in 1998 and raised its 1st funding round 10 years after it was founded.

Where is EverBank located?

EverBank is headquartered in Jacksonville, United States.

Who is the current CEO of EverBank?

Blake Wilson is the current CEO of EverBank.

What does EverBank do?

EverBank was established in 1998 as a commercial bank headquartered in Jacksonville, United States. Core operations focus on deposit accounts, lending solutions, and financial advisory services tailored for commercial and personal clients. Expansion has occurred across multiple states, with digital platforms integrated for efficient transactions. Leadership is provided by President and CEO Blake Wilson, overseeing regulatory compliance and market adaptations in the banking sector.

Who are the top competitors of EverBank?

EverBank's top competitors include Truist, Investec and Citi.

What products or services does EverBank offer?

EverBank offers Performance Savings, Performance Checking, High-Yield CDs, and SBA Loans.

How many acquisitions has EverBank made?

EverBank has made 1 acquisition, including Sterling Bank & Trust.

Who are EverBank's investors?

EverBank has 3 investors. Key investors include TIAA, Aquiline Capital Partners, and Sageview Capital.

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