EverBank Financial in Jacksonville, Fla., has announced the share price of a secondary public offering by two institutional stockholders.
Sageview Partners L.P. and Teachers Insurance and Annuity Association of America are the selling shareholders, EverBank said in a news release Friday. They plan to offer 2.9 million shares at $17.95 apiece.
EverBank will not sell any shares or receive any proceeds from the offering, and its total number of common shares outstanding will remain the same, the release said.
Barclays Capital will serve as underwriter of the offering.
EverBank has $21.6 billion in assets spread among various bank and financial subsidiaries.
