Everquote Inc   (EVER)
Other Ticker:  
Price: $24.6100 $0.55 2.286%
Day's High: $24.89 Week Perf: -0.93 %
Day's Low: $ 23.78 30 Day Perf: 25.88 %
Volume (M): 278 52 Wk High: $ 25.69
Volume (M$): $ 6,842 52 Wk Avg: $11.60
Open: $24.30 52 Wk Low: $5.36

 Market Capitalization (Millions $) 826
 Shares Outstanding (Millions) 34
 Employees 3,000
 Revenues (TTM) (Millions $) 321
 Net Income (TTM) (Millions $) -53
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 4

Everquote Inc

EverBank Financial Corp, a Delaware corporation, is a unitary savings and loan holding company headquartered in Jacksonville, Florida. We are a diversified financial services company that provides a wide range of financial products and services to individuals as well as small and mid-size business clients nationwide through scalable, low-cost distribution channels that are connected by technology-driven, centralized platforms which provide operating leverage throughout our business. We market and distribute our banking products and services primarily through our integrated online and mobile financial portal, high-volume financial centers in targeted Florida markets and other national business relationships. Our consumer and commercial lending businesses are nationwide and target clients through retail and commercial lending offices in major metropolitan markets throughout the country.

We evaluate our overall financial performance through three financial reporting segments: Consumer Banking, Commercial Banking and Corporate Services. Consumer Banking includes consumer deposit services and activities, wealth management, residential lending and servicing, and capital markets. Commercial Banking includes commercial deposit services and activities, commercial and commercial real estate lending, commercial finance and mortgage warehouse finance. Corporate Services provides support services to the Consumer and Commercial Banking segments.

We are a unitary savings and loan holding company within the meaning of the Home Owners’ Loan Act (HOLA). As such, we are registered as a savings and loan holding company and are subject to those regulations applicable to a savings and loan holding company. As such, we are subject to FRB examinations, supervision and reporting requirements, and to the FRB’s enforcement authority. Among other things, this authority permits the FRB to restrict or prohibit activities that are determined to be a serious risk to the financial safety, soundness or stability of a subsidiary savings association, such as EverBank. The Company is also subject to the rules and regulations of the Securities and Exchange Commission (SEC) under the federal securities laws.

Currently, without the prior approval of the FRB under the HOLA, HOLA prohibits a savings and loan holding company, directly or indirectly, or through one or more subsidiaries, from, for example:

acquiring another savings institution or its holding company without prior written approval of the FRB;

acquiring or retaining, with certain exceptions, more than 5% of a non-subsidiary savings institution, a non-subsidiary holding company, or a non-subsidiary company engaged in activities other than those permitted by HOLA; or

acquiring or retaining control of a depository institution that is not insured by the FDIC.

In evaluating an application by a holding company to acquire a savings institution, the FRB must consider, among other factors, the financial and managerial resources and future prospects of the company and savings institution involved, the effect of the acquisition on the acquiror, the risk to the DIF, the convenience and needs of the community and competitive factors.

A savings and loan holding company is required to serve as a source of financial and managerial strength to its subsidiary savings associations. This requires the Company to commit to provide necessary capital, liquidity, and other support to EverBank during times of financial distress.
As a unitary savings and loan holding company, we generally are not restricted under existing laws as to the types of business activities in which we may engage, provided that EverBank continues to satisfy the Qualified Thrift Lender (QTL) test.

If we were to acquire a savings institution that will be held as a separate subsidiary, then we may become a multiple savings and loan holding company within the meaning of HOLA and would be subject to limitations on the types of business activities in which we can engage. HOLA limits the activities of a multiple savings institution holding company and its non-insured institution subsidiaries primarily to activities permissible for bank holding companies under Section 4(c) of the Bank Holding Company Act of 1956, as amended (BHC Act), subject to the prior approval of the FRB, and to other activities authorized by regulation. A multiple savings and loan holding company that meets applicable capital, supervisory and other standards under applicable FRB regulations may elect to be treated as a financial holding company and engage in the broader range of financial activities permissible for a financial holding company under the BHC Act. We do not currently rely on our unitary savings and loan holding company status to engage in business activities that would not be permissible for a multiple savings and loan holding company.

   Company Address: 210 Broadway Cambridge 2139 MA
   Company Phone Number: 522-3444   Stock Exchange / Ticker: NASDAQ EVER

Customers Net Income fell by EVER's Customers Net Profit Margin fell to

-6.39 %

16.88 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
BAC   -2.62%    
BKU   -2.74%    
BRKL   -4.01%    
CASH   -3.9%    
FFIN   -3.15%    
WTFC   -2.71%    
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Everquote Inc

Everquote Inc Suffers Devastating Blow as Revenue Crumbles, Sees Increase in Deficit for Q3 2023

Everquote Inc Reports Increased Deficit for Fiscal Q3 2023, Revenue Down Compared to Last Year
CAMBRIDGE, Mass. ? Everquote Inc (Nasdaq: EVER), a leading online insurance marketplace, released its financial results for the quarter ended September 30, 2023, highlighting a significant increase in deficit per share compared to the previous year and a decline in revenue.
For the fiscal third quarter of 2023, Everquote Inc reported a deficit per share of $-0.87, a substantial increase from $-0.20 in the same period a year ago. Additionally, the deficit grew from $-0.40 per share from the preceding reporting period. This signifies a challenging period for the company, as it struggles to improve its financial position.

Everquote Inc

Everquote Inc Faces Rapid Decline in Revenue, Raising Concerns About Future Stability

The financial performance of Everquote Inc for the interval ending June 30, 2023, has unveiled some worrisome trends. This article delves into the implications of its financial results, highlighting the impact on the company's future endeavors.
1. Decreased Profits and Shortfall:
Everquote Inc faced a substantial setback, experiencing a shortfall per stock of $-0.40 per share for the financial interval ending June 30, 2023. This is a drastic decrease compared to $0.12 per share registered the previous year and an increased shortfall from $-0.08 per share from the preceding reporting period. These figures indicate the company's struggle to generate profits, raising concerns about its financial stability.

Everquote Inc

Everquote Inc's Q1 2023 Earnings Show Slender Top-Line Deterioration, Raising Concerns for Investors2.

Investors in Everquote Inc may be feeling optimistic about the company's latest financial results, with a reported decrease in loss per share compared to the previous year and an improvement in EPS. However, a closer examination of the figures reveals a less than impressive picture.
Despite the improvement in EPS and decrease in loss per share, Everquote Inc still reported a net shortfall of $-2.529 million for the January to March 31, 2023 span. This is hardly a positive sign for investors, and suggests that the company is struggling to generate a profit.


Everquote Inc's Segments
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