Chemical Financial Seeing Decent Growth, But There's Still Work To Do [Seeking Alpha]
CHEMICAL FINANCIAL (CHFC)
Last chemical financial earnings: 7/24 04:20 pm
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US:NASDAQ Investor Relations:
chemicalbank.com/about/news-and-events/chemical-financial-corporation-announces-fourth-quarter-and-full-year-2014-earnings-conference-call
Company Research
Source: Seeking Alpha
Chemical Financial Seeing Decent Growth, But There's Still Work To DoSummaryChemical Financial posted a decent second quarter, with higher spread income and lower expenses offsetting higher provisions.Winning Detroit's banking business is a solid coup, but Chemical Financial remains dependent upon loan growth to drive earnings with low spread leverage and fee income.Chemical Financial shares look more or less fairly valued, but high single-digit earnings growth can still drive decent returns and M&A is an option.
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