Financial Sector Update for 09/21/2016: HTBI, CM

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Top Financial Shares:

JPM: +0.5%

BAC: +0.6%

WFC: -0.1%

C: +0.7%

USB: flat

Financial shares were mainly higher in pre-market trade on Wednesday ahead of the Federal Reserve's September monetary policy decision.

In financial stocks news, HomeTrust Bancshares ( HTBI ) has agreed to acquire TriSummit Bancorp for approximately $31.8 million in stock and cash.

Shares in the bank were unchanged at $18.97 pre-bell. The stock has traded between $16.97 and $20.98 over the past 52 weeks.

And Canadian Imperial Bank of Commerce ( CM ) said pre-market Wednesday it formed a strategic partnership with National Australia Bank and Israel's Bank Leumi to collaborate and share strategies to enhance their respective client experiences.

Shares in the company were unchanged at $76.65 pre-bell. The stock has traded between $56.29 and $82.60 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Banking and loans
Referenced Symbols: HTBI , CM


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