51.57 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||49.69 x 4000|
|Ask||52.95 x 900|
|Day's Range||51.23 - 51.78|
|52 Week Range||44.62 - 56.31|
|PE Ratio (TTM)||14.99|
|Earnings Date||Oct 18, 2018|
|Forward Dividend & Yield||1.62 (3.23%)|
|1y Target Est||56.45|
BB&T has invested $5 million in a financial tech company, with plans to further invest in or acquire other fintech companies.
In the days since then-Hurricane Florence slammed into the coast of southeastern North Carolina, there's been an outpouring of donations from some of the Triad and North Carolina's largest employers.
The American Red Cross and Samaritan's Purse will each receive $250,000, and $1 million will be distributed to a variety of local charities in the affected areas. "The torrential rainfall and catastrophic flooding from Florence is creating hardships for so many in the affected areas," said Chairman and Chief Executive Officer Kelly S. King. The online BB&T Branch and ATM Locator is available to find locations and phone numbers.
WINSTON-SALEM, N.C., Sept. 18, 2018 /PRNewswire/ -- BB&T Corporation (BBT) today announced a $5 million investment in Enigma, a Data-as-a-Service company headquartered in New York City. Enigma is already providing enhancements to BB&T's anti-money laundering (AML) controls and is expected to spur innovation and cost-savings in other areas of the company. "We are committed to continuing our digital transformation by investing in companies, like Enigma, that harness the power of advanced technology and top-tier talent," said BB&T Chief Digital Officer W. Bennett Bradley.
In the first half of 2018, many large US banks reported a decline in their average noninterest-bearing deposits versus the comparable year ago period, Moody's Investors Service says in a new report. This is a credit-negative trend, which combined with pricing competition, will lead to a further increase in deposit betas and constrain net interest margin (NIM) expansion. "Because banks pay no interest on noninterest-bearing deposits, their decline will constrain the incremental profitability gains from any additional US Federal Reserve interest rate increases that occur over the next year," Moody's Senior Vice President Allen Tischler said.
WINSTON-SALEM, N.C. , Sept. 14, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced measures it's taking to help clients in areas affected by Hurricane Florence. "As our clients begin ...
Wells Fargo & Co. will close its retail branches in the Charlotte region for the weekend at 3 p.m. today, as Hurricane Florence continues to wreak havoc across the Carolinas.
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Moody's Investors Service has downgraded the Hospital Authority of Valdosta and Lowndes County (GA) (d/b/a South Georgia Medical Center) revenue certificates to Baa3 from A3. The downgrade to Baa3 reflects the significant financial losses SGMC will show in fiscal 2018 which will represent a material variance to budget and the second consecutive year of sizable operating losses.
WINSTON-SALEM, N.C. , Sept. 12, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced that due to the potential threat of Hurricane Florence, Chairman and Chief Executive Officer Kelly S. ...
NORTH HILLS, N.Y., Sept. 11, 2018 /PRNewswire/ -- Regional Acceptance Corporation (RAC), an auto finance company specializing in sub-prime automotive financing and prime-to-near-prime portfolio acquisitions, has chosen Dealertrack Accelerated Title to create efficiencies in their payoff and title release process with dealers accepting cars in on trade.
WINSTON-SALEM, N.C. , Aug. 30, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced Chairman and Chief Executive Officer Kelly S. King will present at the Barclays Global Financial Services ...
Winston-Salem-based BB&T Corporation is building a new 95,000-square-foot building in downtown Wilson, a move bank officials say reinforces the firm’s commitment to eastern North Carolina.
WINSTON-SALEM, N.C., Aug. 29, 2018 /PRNewswire/ -- BB&T Corporation (BBT) today announced it will build an approximately 95,000-square-foot office facility on Pine Street in downtown Wilson, N.C. The new $35 million building will accommodate 650 BB&T associates who are currently working in the twin buildings at 223 West Nash St. or elsewhere in Wilson. BB&T expects to begin site work on the project before year-end and construction to take place throughout 2019 with an opening date yet to be determined. "We are very excited to build this new facility in the heart of downtown Wilson and play a part in the city's ongoing revitalization efforts," said BB&T Chairman and Chief Executive Officer Kelly S. King.
Billions of dollars are up for grabs to the bank that wins a contract to handle the Maryland state government's deposits. A request for proposals issued by the Maryland State Treasurer's Office in June seeks bidders for a depository services contract. The state's RFP states a goal of contracting with a bank that can modernize the processes for handling deposits.
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Today we’re going to take a look at the well-established BB&T Corporation (NYSE:BBT). The company’s stock saw significant share price volatility over the past couple of months on the NYSE,Read More...
In its latest look at the financials of these publicly traded companies, Triangle Business Journal dove deeper into the data to see how these companies fall in the various regions of the state and how those areas stack up as of July 31, 2018 – and how these companies compare to last year.