Recent

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

BB&T Corporation Message Board

  • novabanker novabanker Jul 21, 1998 3:00 PM Flag

    I should have read further!

    FVB isn't a stagnant bank. It has continually
    bested it's earnings each quarter compared on a year to
    year basis. It's stock has performed much better than
    most banks because of the mergers in VA. Dividends I
    have to say, suck, but who is in stock for the
    dividends anyway. FVB has been selling a lot of branches in
    the Frederick, Gaithersburg area and purchasing
    branches in the North Salisbury and Ocean City areas. FVB
    does have a strong market share in Maryland, but not
    nearly as good as Crestar had. That spoken, BB&T would
    have to purchase a sizeable bank in the Baltimore
    region as well as purchasing FVB. Let's face it, there
    aren't too many banks the size of FVB left. It's the
    only big bank left in VA. FVB has a huge presence in
    Southwest VA where they are #1 in market share. This would
    keep other aquirers from being interested in BB&T if
    they purchased FVB. Case being, who the hell else
    wants to be in the coal mining towns. I've been there,
    I know. NB, FTU, pulled out and only have a few
    branches left down there. Damn it buy FVB at whatever
    price they want. Don't let this one go, there aren't
    too many left!

 
BBT
40.38-0.66(-1.61%)Jul 2 4:00 PMEDT