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BB&T Corporation Message Board

  • plantsman plantsman Dec 9, 1997 9:47 PM Flag

    Higher or spliting?

    BBK has had a enormous runup in price recently. Does anyone have an idea as to the likelyhood of BBK declaring a stock split? Or will it continue to rise through next year? I've owned this company for a long time and think the prospects are outstanding for good price appreciation.

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    • I agree BBK is a great company to own. However I don't see how
      it can remain at a 24 PE. It's still just a regional bank.
      So, I don't see it going much higher until earnings catch up with
      the price. Long term though, very positive.

      • 1 Reply to tmarak
      • I agree short and long term. Let's see how the year results please the analysts. I expect a good push when they exceed their promises, but they are in some uncharted waters for a tri-state regional. Are they looking around at smaller banks in neighboring states? I'm looking at Tennessee for some good short term opportunities, for buying the sellers, that is. Holding on BBK.

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