Comerica airs plan to exit mortgage finance business by year-end, stock rises

Comerica Inc. CMA stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It’s part of an overall focus on “selective loan growth” at the bank, according to a presentation it’s making Tuesday at the Morgan Stanley U.S. Financials, Payments and CRE Conference.

... Comerica Inc. CMA stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It’s part of an overall focus on “selective loan growth” at the bank, according to a presentation it’s making Tuesday at the Morgan Stanley U.S. Financials, Payments and CRE Conference.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Shyft Group stock up 3% premarket after company announces CEO transition planSpecialty vehicle manufacturing company Shyft Group Inc.’s stock rose 3% premarket Monday, after the company announced a leadership transition plan. The...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »