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EverBank Financial Q1 Profit Rises

EverBank Financial Corp (EVER) Wednesday reported first-quarter net income of $36.6 million or $0.30 per share, up from $6.0 million or $0.08 per share last year.

Adjusted net income for the quarter rose to $41.2 million or $0.33 per share from $22.1 million or $0.28 per share last year.

On average, nine analysts polled by Thomson Reuters expected earnings of $0.29 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter rose to $143.8 million from $115.6 million last year. Total non-interest income rose to $133.3 million from $73.2 million last year. Analysts estimated revenues of $274.89 million for the quarter.

by RTTNews Staff Writer

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