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BB&T Corporation Message Board

  • jim56442 jim56442 Nov 2, 2003 1:01 PM Flag

    Bank stock price returns

    A week or two ago someone had mentioned the returns on stock share prices in roughly the last five years and what was a fair comparison to BBT. It was never decided what a fair comparison would be. In the WSJ on Friday October 28th there was a list of the top 15 banks and they used net income and total asset value. From the list I chose the two above and the two below BBT for the comparison. This comparison is based on the closing price 12/31/1998 and the closing price 10/31/2003.
    #11 FITB +23.5 %
    #12 STI -12.3%
    #13 BBT -4.1%
    #14 GDW +232%
    #15 PNC -.008%
    From the above it appears out bank has only out performed one of the other four in this peer group.It will be real interesting to see who they use in their annual proxy statement as their peer group. Wonder if they will include GDW in the proxy statement as one of their peer group. Yes, that is a 232% increase from $30.25 to $100.43. The above figures are from AOL charts.

    For better investing and profits,


34.52-2.43(-6.58%)Jun 24 4:03 PMEDT