Private Equity Owners Explore EverBank Sale Three Years After TIAA Deal

Stone Point Capital and Warburg Pincus are weighing a sale of EverBank, the Jacksonville-based lender they bought from TIAA in August 2023, the Wall Street Journal reports. TIAA kept a small, non-controlling stake. No deal is assured; the process is exploratory. A sale would test whether EverBank's new specialty-lending divisions command a premium valuation.