The Office of the Comptroller of the Currency Approves the Sale of Sterling Bank and Trust, F.S.B. to EverBank Financial Corp

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Newsfilter

Updated: Mar 14 2025

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Source: Newsfilter

Regulatory Approval for Sale: Sterling Bancorp, Inc. has received regulatory approval for the sale of its bank subsidiary to EverBank Financial Corp for $261 million in cash, following unanimous board and shareholder support.
Forward-Looking Statements Caution: The press release includes forward-looking statements regarding the company's future performance and plans, emphasizing that actual results may differ due to various risks and uncertainties.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

The Office of the Comptroller of the Currency Approves the Sale of Sterling Bank and Trust, F.S.B. to EverBank Financial Corp

About the author

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