Not the best of quarters. I remember when BB&T consistently beat projections. Still think better days are ahead - especially if the Fed moves on rates. Have a feeling it may be later this year or early next due to the strong dollar that will only get stronger if rates rise. Stay tuned.
Stress test pass so dividend will increase 12.5% to .27/share/qtr. Stock buyback too. Now if the Fed will just increase the Fed Funds rate maybe the margin will have a nice increase. Looking good today.
Knee jerk reaction to the recession but some parts were needed while a lot were not well thought out. It seems like there was an effort to punish the banks rather than help the economy. The CFPB which Dodd Frank created needs to be reigned in.