When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
FRC - Bryn Mawr's Non-Spread Businesses Show Their Value
FIRST REPUBLIC BANK
In a quarter where bank earnings have been hovering around “okay”, Bryn Mawr (BMTC) showed some of the virtues of its business mix, as strong non-spread businesses offset some noticeable weakness in the core lending operations and drove a beat at the pre-provision line. Not only am I bullish on what these non-spread businesses can do for Bryn Mawr down the road, I’m also generally bullish on management’s plan to shift toward a more balanced commercial lending mix and start targeting some opportunities outside of its core suburban Philly operating footprint.