EVERBANK FINANCIAL CORP KEEFE, BRUYETTE & WOODS BOSTON BANK CONFERENCE February 2014

• Diversified financial services company headquartered in Jacksonville, FL • Nationwide consumer and commercial banking 2 EVERBANK OVERVIEW (1) Unless otherwise noted, figures as of December 31, 2013. Market data as of February 20, 2014. KBW BOSTON BANK CONFERENCE Commercial Lending Retail Lending Financial Center RESIDENTIAL LENDING COMMERCIAL LENDING CONSUMER AND BUSINESS DEPOSITS (1) Total Assets $17.6bn Total Deposits $13.3bn Total Equity $1.6bn Share Price $17.59 Market Cap $2.2bn

3 STRATEGIC EVOLUTION AND GROWTH 2008 – 2012 Addition of Diversified Asset Generation 2013 – 2014 Optimization of Business Platforms 2014+ Execute on Core Growth Strategy EVOLUTION 5 YEAR COMPOUND ANNUAL GROWTH TOTAL ASSETS TOTAL LOANS HFI TOTAL DEPOSITS TANGIBLE BOOK VALUE / SHARE 20% 5% EverBank Banks $5-25bn in Assets 24% 4% EverBank Banks $5-25bn in Assets 22% 9% EverBank Banks $5-25bn in Assets 11% 6% EverBank Banks $5-25bn in Assets KBW BOSTON BANK CONFERENCE

4 RECENT STRATEGIC INITIATIVES MORE DIVERSIFIED MORE SIMPLIFIED POSITIONED FOR GROWTH INITIATIVES RESULT OF RECENT INITIATIVES • Built and acquired diverse asset generation channels • Commercial real estate • Commercial finance • Warehouse finance • Retail lending • Announced sale and subservicing of $20.3bn UPB and sale of default servicing platform • Exited wholesale lending business • Realigned commercial lending platforms • Sold non-performing commercial loans and REO • Terminated loss-share agreements with FDIC • Announced settlement agreement with OCC and Federal Reserve to end independent foreclosure review KBW BOSTON BANK CONFERENCE

C O M M E RCI A L 2013 $13.2bn 2010 $6.0bn 2007 $3.7bn $- $2.0 $4.0 $6.0 $8.0 $- $2.0 $4.0 $6.0 $8.0 5 DIVERSE BUSINESS MODEL LOANS AND LEASES HFI COMPOSITION 2013 RETAINED LOAN AND LEASE GENERATION - $4.2BN RESIDENTIAL 52% 15% 28% 5% Residential Commercial Real Estate Commercial Finance Warehouse Finance KBW BOSTON BANK CONFERENCE

6 EVERBANK’S DIVERSIFIED BUSINESS PLATFORMS RESIDENTIAL LENDING / SERVICING COMMERCIAL REAL ESTATE COMMERCIAL FINANCE DEPOSITS • Prime jumbo • Conforming • Prime performing servicing • Single-tenant and multi- tenant • Structured finance • Mortgage warehouse finance • Mid-sized business loans • Equipment leases and loans for healthcare, office, technology, etc. • Revolving credit to specialty finance companies • YieldPledge Checking, Money Market and CD • WorldCurrency • Metals Select • Foreign Currencies PRODUCTS DISTRIBUTION REACH • Nationwide • Nationwide • Nationwide • Nationwide • Retail • Consumer direct • Third party • Loan originators in key geographic markets • EverBank Commercial Finance • EverBank Lender Finance • Consumer direct • Financial centers • Financial intermediaries KBW BOSTON BANK CONFERENCE

CA 14% FL 8% IL 6% GA 5% NY 7% Other 50% TX 10% • Target both single-tenant and multi-tenant property lending in top 100 markets nationwide • Single-tenant segment focuses on owner- occupied and credit tenant lease • Multi-tenant segment focuses on multifamily, office, retail and industrial • Business re-launched in 2013 after integration of Business Property Lending acquisition • 2013 originations $608mm • Opportunity to cross-sell additional lending and deposit products 7 COMMERCIAL REAL ESTATE LENDING BUSINESS PORTFOLIO BY GEOGRAPHY – 4Q13 PORTFOLIO BY PROPERTY TYPE – 4Q13 OVERVIEW Industrial 13% Medical 4% Multifamily 8% Office 25% Other 16% Retail 23% Warehouse 11% KBW BOSTON BANK CONFERENCE

CA 11% TX 10% FL 9% NY 7% NJ 6% Other 57% 8 COMMERCIAL FINANCE BUSINESS • Commercial finance business originates lease financing receivables in addition to asset-based lending (ABL) facilities • Robust origination volume and balance sheet growth as business repositioned post acquisition in 2010 • 174% growth since 4Q11 • Core leasing platforms include office products, healthcare, IT / telecom and industrial equipment • Opportunity to generate significant ancillary fee income and business deposits LEASE / LOAN PORTFOLIO ($MM) LEASE PORTFOLIO BY GEOGRAPHY – 4Q13 OVERVIEW $671 $1,197 $1,276 $1,446 $1,571 $1,836 2011 2012 1Q13 2Q13 3Q13 4Q13 KBW BOSTON BANK CONFERENCE

9 RESIDENTIAL LENDING BUSINESS OVERVIEW • Originate residential loans through three channels • Retail (36% of 2013 originations) • Consumer direct call centers (33%) • Correspondent lender relationships (30%) • Retail expansion targets top 50 wealth markets nationwide with emphasis on purchase money transactions • Flexibility to generate prime jumbo hybrid ARM loans for bank portfolio or fixed-rate jumbo loans for capital markets execution based on product demand in the market • Jumbo volume of $3.4bn in 2013 • Increased productivity of newly added sales professionals expected to drive continued market share gains 2013 PREFERRED BORROWER PROFILE 2013 PREFERRED ORIGINATIONS Loan size 887,475$ LTV 65% FICO 765 Debt-to-income 32% Primary residence 89% Purchase % 46% KBW BOSTON BANK CONFERENCE

OVERVIEW • Generate deposits through the following channels: • Direct (online) deposit gathering from consumers and small businesses • Financial advisors • Financial centers • Proven ability to tailor deposit growth to current and forecasted asset growth assumptions • Target vanguard customers who utilize “sticky” features such as direct deposit and online bill pay SCALABLE DEPOSIT PLATFORM 10 NATIONWIDE CLIENT REACH 4Q13 DEPOSIT COMPOSITION 4Q13 DEPOSITS BY CHANNEL 8% 23% 8% 38% 23% Noninterest bearing demand Interest bearing demand Global markets Savings & MMA Time, excluding global markets 86% 14% Consumer deposits Business deposits KBW BOSTON BANK CONFERENCE

TRANSACTION, MMDA & SAVINGS REPRESENT ~70% OF TOTAL DEPOSITS 11 ATTRACTIVE DEPOSIT MIX 11% 11% 7% 12% 12% 11% 8% 20% 22% 24% 21% 21% 20% 23% 27% 18% 18% 13% 13% 9% 8% 15% 27% 36% 36% 37% 34% 38% 27% 21% 15% 19% 17% 26% 23% 2007 2008 2009 2010 2011 2012 2013 Noninterest-bearing Interest checking Market-based MMDA & savings Time KBW BOSTON BANK CONFERENCE

12 VALUE PROPOSITION YIELDS ATTRACTIVE CUSTOMER BASE Vintage 98% 97% 93% 93% 2006 2007 2008 2009 Compound Annual Retention Rate (1) HIGH CUSTOMER DEPOSIT RETENTION LOYAL CUSTOMERS WITH GROWING BALANCES (1) Compound annual retention rate for balances of non-CD bank accounts existing at December 31, 2013, calculated from initial year end to December 31, 2013 (2) Average account balance for non-CD bank accounts existing at each point in time, shown from initial year end to December 31, 2013 (2) $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 2006 2007 2008 2009 2010 2011 2012 2013 Average Balance of Accounts Existing at Each Period 2006 2007 2008 2009 2010 2011 2012 KBW BOSTON BANK CONFERENCE

1.67% 2.36% 3.29% 3.87% 3.18% 1.83% 1.20% 0.97% 0.78% 0.74% 2.17% 4.02% 5.29% 5.02% 3.20% 1.57% 0.93% 0.86% 1.01% 0.69% 0.00 % 1.50% 3.00% 4.50% 6.00% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 EverBank interest cost of deposits Avg. one-year LIBOR 200 bps 13 DEPOSIT PRICING LAGS IN RISING RATE ENVIRONMENT (1) Calculated as annual deposit interest expense divided by average balance of deposits; includes non-interest bearing deposits; YTD (2) EverBank interest cost of deposits for year ended December 31, 2013; Average one-year LIBOR represents the average of December 31, 2012, March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013 (1) (2) KBW BOSTON BANK CONFERENCE

14 SOLID LONG TERM EARNINGS GROWTH ADJUSTED EARNINGS PER SHARE(1) $0.42 $0.53 $0.63 $0.74 $0.66 $0.41 $0.78 $1.28 $1.11 $1.27 $1.11 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (1) Represents adjusted diluted earnings per common share from continuing operations for 2007-2013; 2003-2006 represents GAAP basic earnings per common share from continuing operations Calculated using adjusted net income attributable to the Company from continuing operations for 2010-2013; No material items gave rise to material adjustments prior to the year ended December 31, 2010; 2012 adjusted EPS calculation includes $4.5mm and $1.1mm cash dividends paid to Series A and Series B Preferred shareholders in Q1 and Q2, respectively; a reconciliation of non-GAAP financial measures can be found in the appendix. KBW BOSTON BANK CONFERENCE

15 BOOK VALUE GROWTH TANGIBLE COMMON EQUITY PER SHARE(1) $3.10 $3.60 $4.08 $4.81 $5.39 $6.96 $8.54 $10.65 $10.12 $10.30 $11.57 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (1) Represents tangible common equity per share including other comprehensive loss. A reconciliation of non-GAAP financial measures can be found in the appendix. KBW BOSTON BANK CONFERENCE

16 CONSISTENT EARNINGS THROUGH VARIETY OF CYCLES ADJUSTED RETURN ON AVERAGE EQUITY 14.3% 15.4% 16.3% 16.5% 13.1% 7.4% 11.5% 14.0% 10.7% 12.4% 9.9% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 EverBank Banks $5-25bn in Assets KBW BOSTON BANK CONFERENCE

17 2013 AND 4Q13 FINANCIAL SUMMARY Note: A reconciliation of non-GAAP financial measures can be found in the appendix. 4Q13 BALANCE SHEET ($MM) 2013 INCOME STATEMENT ($MM) 4Q13 KEY METRICS Cash and cash equivalents 848$ Investment securities 1,351 Loans HFS 791 Loans and leases HFI, net 13,189 Total assets 17,641 Total deposits 13,261 Total liabilities 16,020 Total shareholders' equity 1,621$ Total revenue 1,078$ Net interest income, net of provision 547 Noninterest income 519 Noninterest expense 848 Net income 137 Adjusted net income 148$ Adjusted EPS, diluted $1.11 GAAP EPS, diluted $1.02 Tangible common equity per share $1 57 Asset generation $2.7bn For portfolio $1.6bn Net Interest Margin 3.37% Tier 1 leverage ratio (bank) 9.0% Tier 1 risk-based capital ratio (bank) 13.8% Total risk-based capital ratio (bank) 14.3% KBW BOSTON BANK CONFERENCE

18 STRONG CREDIT PERFORMANCE ADJUSTED NON-PERFORMING ASSETS AS A PERCENTAGE OF TOTAL ASSETS(1) NET CHARGE-OFFS TO AVERAGE LOANS HELD FOR INVESTMENT 2.73% 2.11% 1.86% 1.08% 0.65% 2009 2010 2011 2012 2013 1.35% 1.46% 1.02% 0.31% 0.21% 2009 2010 2011 2012 2013 (1) We define non-performing assets, or NPA, as non-accrual loans, accruing loans past due 90 days or more and foreclosed property. Our NPA calculation excludes government-insured pool buyout loans for which payment is insured by the government. We also exclude loans and foreclosed property accounted for under ASC 310-30 because we expect to fully collect the carrying value of such loans and foreclosed property. A reconciliation of non-GAAP financial measures can be found in the appendix. KBW BOSTON BANK CONFERENCE

19 2014 NONINTEREST EXPENSE GUIDANCE 4Q13 NONINTEREST EXPENSE ($MM) 4Q13 Consent Order Severance Commercial Asset Sale O&E Other Servicing Sale Costs Adjusted 4Q13 $197 $(8) $(4) $(1) $(8) $(4) $173 4Q13 ANNUALIZED $789MM ADJUSTED 4Q13 ANNUALIZED $691MM ADJUSTED 4Q13 ANNUALIZED PRO FORMA FOR REPOSITIONING ACTIVITIES ~$650MM KBW BOSTON BANK CONFERENCE

20 CONCLUSION HIGH-PERFORMING NATIONAL BANK FRANCHISE UNIQUE, DIVERSIFIED BUSINESS MODEL ROBUST ASSET GENERATION CAPABILITIES SCALABLE, LOW COST PLATFORM DISCLIPLINED RISK MANAGEMENT COHESIVE, LONG TENURED MANAGEMENT TEAM FOR MORE INFORMATION: Investor Relations, 877.755.6722 Investor.Relations@EverBank.com www.abouteverbank.com/ir KBW BOSTON BANK CONFERENCE

APPENDIX

22 NON-GAAP RECONCILIATIONS QUARTERLY ADJUSTED NET INCOME Three Months Ended December 31, September 30, June 30, March 31, December 31, (dollars and shares in thousands) 2013 2013 2013 2013 2012 Net income 18,451$ 33,150$ 45,993$ 39,146$ 28,846$ Transaction expense, net of tax - - - - 903 Non-recurring regulatory related expense, net of tax 4,807 20,203 12,042 11,425 9,564 Increase (decrease) in Bank of Florida non-accretable discount, net of tax (68) (439) (538) 950 486 Adoption of TDR guidance and policy change, net of tax - - - - 3,709 MSR impairment (recovery), net of tax (9,109) (21,783) (20,194) (7,784) - Restructuring expense, net of tax 16,090 3,242 - - - OTTI credit losses on investment securities (Volcker Rule), net of tax 2,045 - - - - Adjusted net income 32,216$ 34,373$ 37,303$ 43,737$ 43,508$ Adjusted net earnings per common share, diluted 0.24$ 0.26$ 0.28$ 0.33$ 0.34$ Weighted average common shares outstanding, diluted 124,420 124,124 124,034 123,439 122,807 KBW BOSTON BANK CONFERENCE

23 NON-GAAP RECONCILIATIONS YEARLY ADJUSTED NET INCOME(1) (1) No material items gave rise to adjustments prior to the year ended December 31, 2010. (dollars and shares in thousands) 2013 2012 2011 2010 GAAP net income from continuing operations $ 136,740 $ 74,042 $ 52,729 $ 188,900 Bargain purchase gain on Tygris transaction, net of tax - - - (68,056) Gain on sale of investment securities due to portfolio repositioning, net of tax - - - (12,337) Gain on repuchase of trust preferred securities, net of tax - - (2,910) (3,556) Transaction expense, net of tax - 5,355 9,006 5,984 Non-recurring regulatory related expense, net of tax 48,477 17,733 7,825 - Loss on early extinguishment of acquired debt, net of tax - - - 6,411 Decrease in fair value of Tygris indemnification asset, net of tax - - 5,382 13,654 Increase in Bank of Florida non-accretable discount, net of tax (95) 3,195 3,007 3,837 Impact of change in ALLL methodology, net of tax - - 1,178 - Adoption of TDR guidance and policy change, net of tax - 3,709 6,225 - MSR impairment, net of tax (58,870) 39,375 24,462 - Tax expense (benefit) related to revaluation of Tygris NUBILS, net of tax - - 691 (7,840) Restructuring cost, net of tax 19,332 - - - OTTI credit losses on investment securities (Volcker Rule), net of tax 2,045 - - - Adjusted net income 147,629$ 143,409$ 107,595$ 126,997$ Adjusted net earnings per common share, diluted 1.11$ 1.27$ 1.11$ 1.28$ Weighted average common shares outstanding, diluted 123,949 105,951 77,506 74,589 KBW BOSTON BANK CONFERENCE

24 NON-GAAP RECONCILIATIONS NON-PERFORMING ASSETS (NPAs) (1) We define non-performing assets, or NPA, as non-accrual loans, accruing loans past due 90 days or more and foreclosed property. Our NPA calculation excludes government-insured pool buyout loans for which payment is insured by the government. We also exclude loans and foreclosed property acquired in the Bank of Florida acquisition accounted for under ASC 310-30 because we expect to fully collect the carrying value of such loans and foreclosed property. December 31, December 31, December 31, December 31, December 31, (dollars in thousands) 2013 2012 2011 2010 2009 Total non-accrual loans and leases 85,910$ 156,629$ 193,478$ 213,838$ 194,951$ Accruing loans 90 days or more past due - - 6,673 1,754 1,362 Total non-performing loans (NPL) 85,910 156,629 200,151 215,592 196,313 Other real estate owned (OREO) 29,034 40,492 42,664 37,450 24,087 Total non-performing assets (NPA) 114,944 197,121 242,815 253,042 220,400 Troubled debt restructurings (TDR) less than 90 days past due 76,913 90,094 92,628 70,173 95,482 Total NPA and TDR (1) 191,857$ 287,215$ 335,443$ 323,215$ 315,882$ Total NPA and TDR 191,857$ 287,215$ 335,443$ 323,215$ 315,882$ Government-insured 90 days or more past due still accruing 1,039,541 1,729,877 1,570,787 553,341 589,842 Loans accounted for under ASC 310-30: 90 days or more past due 10,083 79,984 149,743 195,425 - OREO - 16,528 19,456 19,166 - Total regulatory NPA and TDR 1,241,481$ 2,113,604$ 2,075,429$ 1,091,147$ 905,724$ Adjusted credit quality ratios excluding government-insured loans and loans accounted for under ASC 310-30: (1) NPA to total assets 0.65% 1.08% 1.86% 2.11% 2.73% Credit quality ratios including government-insured loans and loans accounted for under ASC 310-30: NPA to total assets 6.60% 11.09% 15.20% 8.50% 10.05% KBW BOSTON BANK CONFERENCE

25 NON-GAAP RECONCILIATIONS ADJUSTED TANGIBLE COMMON EQUITY (dollars in millions) 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 GAAP shareholders equity $ 1,621 $ 1,451 $ 968 $ 1,013 $ 554 $ 411 $ 239 $ 213 $ 185 $ 165 $ 144 Less: Goodwill 47 47 10 10 0 0 2 0 0 0 0 Less: Other intangible assets 6 8 7 9 - 1 2 3 4 6 7 Tangible equity 1,568$ 1,396$ 950$ 994$ 554$ 410$ 235$ 209$ 180$ 159$ 137$ Less: Perpetual preferred stock 150 150 - - - - - - - - - Tangible common equity 1,418$ 1,246$ 950$ 994$ 554$ 410$ 235$ 209$ 180$ 159$ 137$ KBW BOSTON BANK CONFERENCE

26 DISCLAIMER THIS PRESENTATION HAS BEEN PREPARED BY EVERBANK FINANCIAL CORP ("EVERBANK" OR THE “COMPANY”) SOLELY FOR INFORMATIONAL PURPOSES BASED ON ITS OWN INFORMATION, AS WELL AS INFORMATION FROM PUBLIC SOURCES. THIS PRESENTATION HAS BEEN PREPARED TO ASSIST INTERESTED PARTIES IN MAKING THEIR OWN EVALUATION OF EVERBANK AND DOES NOT PURPORT TO CONTAIN ALL OF THE INFORMATION THAT MAY BE RELEVANT. IN ALL CASES, INTERESTED PARTIES SHOULD CONDUCT THEIR OWN INVESTIGATION AND ANALYSIS OF EVERBANK AND THE DATA SET FORTH IN THIS PRESENTATION AND OTHER INFORMATION PROVIDED BY OR ON BEHALF OF EVERBANK. EXCEPT AS OTHERWISE INDICATED, THIS PRESENTATION SPEAKS AS OF THE DATE HEREOF. THE DELIVERY OF THIS PRESENTATION SHALL NOT, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT THERE WILL BE NO CHANGE IN THE AFFAIRS OF THE COMPANY AFTER THE DATE HEREOF. CERTAIN OF THE INFORMATION CONTAINED HEREIN MAY BE DERIVED FROM INFORMATION PROVIDED BY INDUSTRY SOURCES. EVERBANK BELIEVES THAT SUCH INFORMATION IS ACCURATE AND THAT THE SOURCES FROM WHICH IT HAS BEEN OBTAINED ARE RELIABLE. EVERBANK CANNOT GUARANTEE THE ACCURACY OF SUCH INFORMATION, HOWEVER, AND HAS NOT INDEPENDENTLY VERIFIED SUCH INFORMATION. THIS PRESENTATION MAY CONTAIN CERTAIN FORWARD-LOOKING STATEMENTS AS DEFINED IN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, AND SUCH STATEMENTS ARE INTENDED TO BE COVERED BY THE SAFE HARBOR PROVIDED BY THE SAME. WORDS SUCH AS “OUTLOOK,” “BELIEVES,” “EXPECTS,” “POTENTIAL,” “CONTINUES,” “MAY,” “WILL,” “COULD,” “SHOULD,” “SEEKS,” “APPROXIMATELY,” “PREDICTS,” “INTENDS,” “PLANS,” “ESTIMATES,” “ANTICIPATES” OR THE NEGATIVE VERSION OF THOSE WORDS OR OTHER COMPARABLE WORDS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS BUT ARE NOT THE EXCLUSIVE MEANS OF IDENTIFYING SUCH STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE NOT HISTORICAL FACTS, AND ARE BASED ON CURRENT EXPECTATIONS, ESTIMATES AND PROJECTIONS ABOUT THE COMPANY’S INDUSTRY, MANAGEMENT’S BELIEFS AND CERTAIN ASSUMPTIONS MADE BY MANAGEMENT, MANY OF WHICH, BY THEIR NATURE, ARE INHERENTLY UNCERTAIN AND BEYOND THE COMPANY’S CONTROL. ACCORDINGLY, YOU ARE CAUTIONED THAT ANY SUCH FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND ARE SUBJECT TO CERTAIN RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. ALTHOUGH THE COMPANY BELIEVES THAT THE EXPECTATIONS REFLECTED IN SUCH FORWARD-LOOKING STATEMENTS ARE REASONABLE AS OF THE DATE MADE, EXPECTATIONS MAY PROVE TO HAVE BEEN MATERIALLY DIFFERENT FROM THE RESULTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. UNLESS OTHERWISE REQUIRED BY LAW, EVERBANK ALSO DISCLAIMS ANY OBLIGATION TO UPDATE ITS VIEW OF ANY SUCH RISKS OR UNCERTAINTIES OR TO ANNOUNCE PUBLICLY THE RESULT OF ANY REVISIONS TO THE FORWARD-LOOKING STATEMENTS MADE IN THIS PRESENTATION. INTERESTED PARTIES SHOULD NOT PLACE UNDUE RELIANCE ON ANY FORWARD-LOOKING STATEMENT AND SHOULD CONSIDER THE UNCERTAINTIES AND RISKS DISCUSSED UNDER THE HEADINGS “RISK FACTORS” AND “MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS” IN EVERBANK’S ANNUAL REPORT ON FORM 10-K, QUARTERLY REPORTS ON FORM 10-Q AND IN OTHER FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. KBW BOSTON BANK CONFERENCE