Walter has 1/4 * 56 bananas = <<1/4*56=14>>14 fewer bananas.
If Jefferson has 56 bananas, then Walter has 56 bananas - 14 bananas = <<56-14=42>>42 bananas
When they combine their bananas, they have a total of 42 bananas + 56 bananas = <<42+56=98>>98 bananas.
After dividing the bananas equally, Walter gets 98 bananas/2 = <<98/2=49>>49 bananas
#### 49