About EverBank Financial Corp
EverBank Financial Corp provides a diverse range of financial products and services directly to clients nationwide through multiple business channels. Headquartered in Jacksonville, Florida, EverBank has $13.8 billion in assets and $10.6 billion in deposits as of March 31, 2012. With an emphasis on value, innovation and service, EverBank offers a broad selection of banking, lending and investing products to consumers and businesses. EverBank provides services to customers through the Internet, over the phone, through the mail and at its Florida-based financial centers. More information on EverBank can be found at www.abouteverbank.com/ir.
About GE Capital Real Estate
GE Capital Real Estate is a leading commercial real estate company, with global assets of $61 billion and debt and equity activities in North America, Europe and Asia-Pacific. It has 10,000 properties owned or financed worldwide covering more than 150 million square feet. As a unit of General Electric Company (NYSE: GE), it can offer access to the strength, industry knowledge and global reach of one of the world’s leading companies. Learn more at GE Capital Real Estate.comForward Looking Statements This news release contains certain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 including our outlook and expectations with respect to the acquisition of Business Lending, the consequences of its integration into EverBank and the impact of the acquisition on the Company’s future performance. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “could,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of those words or other comparable words are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about the Company’s asset growth and earnings, industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company’s control. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict and which may cause our actual results and performance to be materially different from the future results or performance expressed or implied by such forward-looking statements. Forward-looking statements in this press release are subject to the following risks and uncertainties related to the acquisition and the integration of Business Property into EverBank following the closing, including but not limited to: the receipt of regulatory and other applicable approvals, the timing of which cannot be predicted and which may not be received at all; the expenses necessary to complete the acquisition and integration of Business Property may be substantially more than currently estimated and may take longer than anticipated; the projected benefits, including the anticipated diversification benefits to EverBank’s product offering, loan portfolio, asset generation and earnings may not be as significant or may take longer to achieve; and strategic growth may be more difficult to achieve than expected. For additional factors that could materially affect our financial results and our business generally, please refer to EverBank Financial Corp’s filings with the Securities and Exchange Commission, including but not limited to, the factors, uncertainties and risks described under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The Company undertakes no obligation to revise these statements following the date of this news release, except as required by law. 1 As of March 31, 2012, including the warehouse finance acquisition completed in April 2012, the conversion of the Company’s Series B Preferred Stock into shares of common stock and proceeds from the IPO.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.