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EverBank Financial Q4 Profit Rises; Declares Dividend

EverBank Financial Corp (EVER) posted fourth-quarter net income allocated to shareholders of $27.36 million or $0.22 per share, compared to $10.96 million or $0.14 per share last year. Adjusted earnings per share was $0.34, up 3% from $0.33 per share in the year-ago quarter.

Net Interest Income increased to $149.99 million from $114.84 million in the comparable quarter last year, while total non-interest income increased to $125.16 million from $60.96 million in the prior year period.

Analysts polled by Thomson Reuters expected the company to report profit of $0.33 per share on revenue of $261.39 million for the quarter. Analysts' estimates typically exclude special items.

Further, the company's Board of Directors declared a quarterly cash dividend of $0.02 per common share, payable on February 22, 2013, to stockholders of record as of February 11, 2013.

by RTTNews Staff Writer

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