Trades at the biggest premium to tangible book basides US Bank with some of the weakest earnings. I don't get how people buy BB&T with a straight face with PNC available.
What it all shows me is how little you know about BB&T Bank. Just sit by and watch the final earnings releases for 2012 and 2013. It might be your first step in an educational process.
Like the last 15 years?
Buy high sell low.
because they are dumb?
I will point out further that PNC is approaching its "normalized earnings" while BB&T is approximately at 50% of normalized earnings. Watch and learn - and short the stock if you enjoy losing money.
Somebody forgot to tell some of the insiders...http://seekingalpha.com/article/464481-analyzing-tuesday-s-noteworthy-insider-trades