Noninterest IncomeNoninterest income for the fourth quarter of 2012 increased by $27.9 million, or 29%, to $125.2 million compared to the third quarter of 2012. This increase was caused by a $19.4 million improvement in net loan servicing income as well as a $6.3 million increase in loan origination revenue. Gain on sale of loans was flat compared to the third quarter at $85.7 million. Adjusted for the MSR valuation allowance in the third quarter 2012, noninterest income increased by $9.6 million, or 8% during the quarter.
EverBank Financial Corp Announces Full Year And Fourth Quarter 2012 Financial Results
Check Out Our Best Services for Investors
- $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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts