EverBank Financial reported Q3/14 net income of $41.0 million, up 34% from $30.6 million in Q3/13. The bank noted its equipment financing receivables of $1.84 billion were up 68% from $1.09 billion at the end of the same quarter in 2013.
Everbank said its Q3/14 equipment financing originations of $393 million were up from $177 million or 122% compared the Q3/13.
“We are pleased with our third quarter performance as we delivered strong earnings, achieved robust portfolio loan growth and benefited from our deposit growth initiatives,” said Robert M. Clements, chairman and chief executive officer.
To view the full EverBank Financial news release, click here.
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