EverBank /
the Bank
EverBank to purchase the Bank from Sterling Bancorp, Inc.




What happened
Sterling Bancorp, Inc. and the Bank entered into a stock purchase agreement with EverBank on Sept. 15, 2024. EverBank will purchase all of the Bank’s issued and outstanding shares from Sterling Bancorp, Inc.
The fixed purchase price is $261,000,000. Following the transaction, the Bank will merge into EverBank, National Association.
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EverBank to purchase the Bank from Sterling Bancorp, Inc.
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