Funny you mentioned working there. A friend of mine just left after years working as a branch manager. Nobody more respected and liked than her. She felt like retail management had begun hitting the panic button. I worked there 16 years, and know full and well business calls will generate little growth to the bottom line. A little advertising would go a long way. Funny how local banks can blanket the airwaves with adds on a consistent basis, and you NEVER hear a peep out of BBT. Which is why their market share is F.L.A.T. over last 10 years. What do they think they are accomplishing?
Flat? Flat? How can that be? Norm says differently. I mean really, you only worked there for 16 years, how could you possibly know anything about the bank's market share, or about anything at all? Norm knows more than you do. He scours the internet day and night for goofy factoids.
Fact is, you are 100% correct. The REAL community banks continue to grab share. BB&T is worried about the cost of the peanut brittle they give away to clients at year end.
I went in a branch today and the local Mgr was telling me about the business bankers who left. Funny, they are pushing business calls on one hand, and they let the top 3 commercial bankers in the Louisville Region quit on them. Those 3 guys may have had 100 million in loans between them. Not going to grow anything letting this continue to happen.