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WaFd (WAFD) investor relations material
WaFd Proxy filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
EverBank and WaFd are merging in a reverse merger, creating the 7th largest Midcap Bank in the U.S. with $75 billion in assets.
EverBank will be the accounting acquiror, while WaFd, Inc. remains the legal acquiror and will be renamed EverBank Financial Corp, trading under EVBK.
The merger is expected to close in early 2027, pending shareholder and regulatory approvals.
The combined bank will operate 250 financial centers nationwide, with a multi-channel strategy leveraging both regional and digital banking strengths.
The headquarters of the holding company will be in Bellevue, WA, while the bank remains chartered in Jacksonville, FL.
Voting matters and shareholder proposals
The merger requires approval from WaFd shareholders, the Federal Reserve, and the OCC.
WaFd will file a proxy statement with the SEC and mail it to shareholders for voting on the proposed transaction.
Board of directors and corporate governance
The combined board will have 13 members: 7 from EverBank (including CEO Greg Seibly) and 6 from WaFd (including President Brent Beardall).
The board will guide the combined entity, continuing governance practices established since 1982.
- Merger with EverBank to form a $75B asset bank awaits shareholder and regulatory approval.WAFD
Proxy filing - EverBank and WaFd Bank plan to merge, creating a $75B-asset nationwide bank pending approvals.WAFD
Proxy filing - WaFd and EverBank propose a transformative merger to boost scale, profitability, and regional impact.WAFD
Proxy filing - Shareholders will vote on a strategic merger with EverBank, with key risks and interests disclosed.WAFD
Proxy filing - WaFd and EverBank merge to form a $75B bank, targeting 29% EPS accretion and 15%+ ROTCE by 2027.WAFD
Proxy filing - Proposed WaFd-EverBank merger targets strong financial gains and shareholder value.WAFD
Proxy filing - A $3.9B, $75B-asset merger delivers 29% EPS accretion, cost synergies, and national scale.WAFD
M&A announcement - Q3 2026 net income and EPS rose, efficiency improved, and credit quality remained strong.WAFD
Q3 2026 - Q2 net income up 17% year-over-year, NIM rises to 2.81%, asset quality improves, shares repurchased.WAFD
Q2 2026
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