Everbank Wants More Deals That Boost Its Capital Ratios

Fajt, Marissa
February 2010
American Banker;2/18/2010, Vol. 175 Issue 26, p4
Trade Publication
The article reports that Everbank Financial Corporation in Jacksonville, Florida has completed its acquisition of the commercial finance and specialty lender Tygris Commercial Finance Group. According to the article, the acquisition forced over 500 million dollars of capital into Everbank. Robert Clements, Everbank's chairman and chief executive officer, discusses whether or not his company could have raised as much capital without the acquisition.


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