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BB&T Corporation Message Board

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  • spinvestor2003 spinvestor2003 May 13, 2012 8:00 AM Flag

    Crump Insurance

    My view is it will be booked mostly as goodwill which won't be amortized so minimal EPS impact from amortization. Goodwill and specific intangibles tend to get lumped under the generic 'intangibles' bucket when getting discussed. Have to wait for the Q and see how the purchase accounting allocates the price. I think it shakes out ~15%-16% pretax returns and ~12% after tax returns. Good but not great. We'll see Q2.


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