Wed, Oct 22, 2014, 9:33 AM EDT - U.S. Markets close in 6 hrs 27 mins


% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • BBTFan BBTFan Jan 9, 2004 1:34 PM Flag


    Jim, if you'll look a few lines down on Yahoo earnings estimates you'll see the full year '03 will be above '02. Check it out


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Fan,

      Just pulled the earning estimates off a news release on line about regional banks and estimated earnings. It shows 2 of the 5 banks listed as lower estimated earnings for the quarter than last year. One of the lower earnings was BBT. It is one of the news listing under BBT on AOL.

      Thought it was a pick of information that was revelant to the stock. Just looks like a bad quarter to me.


    • Fan,

      Please tell me that I got the wrong or bad information. I was in a hurry and hope that I just picked up some wrong figures. I'm serious and not just messing with you.

      What I found was : Estimate of $2.78 a share for 2003 this was off the Yahoo Board

      02Annual Operating results of
      Basic $2.78 a share
      Diluted $2.75 a share

      02 Net Income
      Basic $2.75 a share
      Diluted $2.72 a share

      I'm serious and hope that this is indeed bad information. Appreciate your posting me back.
      If this information is anywhere close to correct it explains a lot about the price movement. (There no slam intended as I know we have different goals and different investment styles fit us.)

      Thanks for your help,


      • 1 Reply to jim56442
      • I assume the first set of numbers should be headed '03.
        As I posted, the year is going to be better than '02, (but not the usual double digit increase). I'm guessing the reasons yopu'll hear will include margin pressures due to interest rates and one-time charges related to the merger (which will be recovered over the next few years). JAA has warned all year this would be a challenge. Looking at a single quarter or even a year is just a snapshot. you need to look at several years performance to judge a stock. Why will you see other banks with larger increases?
        . Some will have had bad years in '02 and '03 will look good by comparison
        . some will have a mix of business that worked in '03
        but to really understand the banking business, the business cycle, differences in markets served, interest sesitivety, non-interest sources of income and other factors have to be compared.
        That's why I suggested that if you're seriously interested in understanding the business, listen to the webcast and you'll learn a whole lot more than messing on message boards. I spent a career in insurance and financial services and still learn things listening to ceo's analyst calls.


36.30+0.23(+0.64%)9:33 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.