EverBank Financial reported Q4/15 adjusted net income was $42.9 million, up 14% from $37.6 million for Q4/14. For the year ended 2015, adjusted net income was $154.6 million in 2015, compared to $141.1 million in 2014.

“We are pleased with our fourth quarter performance, which was driven by continued loan and deposit growth, increased revenue, stable expenses and solid asset quality,” said Robert M. Clements, chairman and CEO. “Our 2016 strategic initiatives are designed to capitalize on our flexible business model, selectively grow our balance sheet in this dynamic and competitive environment and maintain our strong credit and risk profile.”

The following highlights were excerpted from the news release:

• Equipment finance receivables at year-end 2015 of $2,401 million were up 18% compared to $2,032 million a year earlier.
• Q4/15 equipment financing originations of $420 million were up 22% sequentially from $345 million and 17% compared to $358 million a year earlier.
• Lender finance assets of $1,280 million at year-end 2015 were up 68% from $762 million a year earlier
• Full year 2015 originations of $13.1 billion were up 19% year over year.
• The net interest margin of 2.90% for the quarter, flat compared to the prior quarter.

“Commercial banking results were strong with record commercial loan originations of $1.2 billion in the fourth quarter and continued commercial deposit growth,” said W. Blake Wilson, president and chief OO. “We remain focused on driving operational efficiency across our business in 2016 and expect to execute on optimization strategies while still investing in and enhancing our overall client experience.”