Enova International is trading 19.72% down at $182.00 after withdrawing regulatory applications connected to its proposed Grasshopper Bancorp acquisition.
- The company cited unclear standards for nonbanks seeking bank charters and concern that political pressure could influence approvals.
- Enova reaffirmed its 2026 growth guidance and plans to accelerate share repurchases.
- Investors appear focused on the setback to its banking-expansion strategy.