I guess compared to the other BIG financials, we would need to lose a ton of money and then when we were not losing as much as before we would be performing better and be viewed more positively by the analysts?
Wake Up! This bank is PROFITABLE. They are posting EARNINGS not LOSES. The dividends keep coming (NOT CUT). Didn't need the TARP funds, but were STRONGLY ENCOURAGED by the Fed to take them any way.
They may have dropped a little, but they are not bleeding profusely and losing BILLIONS.
I suppose some choose to believe these 2 bit analysts and bashers like Finerman actually have insights into BBT's business and risks. Now I admit no such insights - the peole who actually have access to the information (management) tell us that so far even though it is a tough operating environment risks are being addressed and managed.
It comes down to do you believe management (have the information) or outsiders (have no acces to information).
Thanks. Given the fact that most banks are cutting their dividend, don't you think that this will boost/solidify others belief that BBT has a solid balance sheet and they'll hop on board with us?? I can't imagine why anyone wouldn't want to invest in this bank!