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BB&T Corporation Message Board

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  • normlasky normlasky Apr 15, 2008 8:21 AM Flag

    BBT vs. Wachovia

    Forget wb. Both rf and usb reported this am. Earnings for rf were $.55 vs. projection of $.48. Ubs earnings were $.62, 1 cent better than projection.

    Bbt earnings for the 1st qtr should be fine. Better managed bank than rf with significantly lower non-performing loans and better loan loss mitigation history. Rf is a good comparison for bbt. Suntrust earnings may stink because they were grossly underprovided 12/31/07.

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