Coming from the FMN system, I have enjoyed the conversion and consequent jump to light speed. Keeping half the exchanged shares has proven wise my young apprentice. The rest of the galaxy has plunged, but BBT remains strong. Market share growth, deposit expansion,and improved earnings have supported the stock price. Is the expansion in these areas exclusively aquisition driven or has real growth taken place? Has management grown the business or merely used our dollars to expand?
The mortgage division is living off of the refinance boom. Are they making any NEW home mortgages? Are the working new construction, RE Brokers, and Developers to be in a position to grow when the rates return to "normal"?
The Insurance division is making money! Alot of money! And unlike some of the cyclical units like mortgage- insurance rates are on the rise, as are profits, for good. This division will be a growing and predictable earner for many years to come. A small part of the company by comparison, but reliable and significant.