|Bid||0.00 x 3200|
|Ask||0.00 x 800|
|Day's Range||51.54 - 52.42|
|52 Week Range||43.03 - 56.31|
|PE Ratio (TTM)||16.02|
|Earnings Date||Jul 19, 2018|
|Forward Dividend & Yield||1.50 (2.87%)|
|1y Target Est||58.13|
FORT WORTH, Texas, June 22, 2018 /PRNewswire/ -- BB&T Scott & Stringfellow is pleased to announce the Clearfork Financial Group has joined its new Fort Worth office, located on the 4th floor of 5049 Edwards Ranch Road. "We are excited about the addition of Don Bescher and the Clearfork Financial Group," said Troy Schiermeyer, complex manager for BB&T Scott & Stringfellow in Texas. "Don and his team bring more than 60 years of experience in financial services to a very important and growing market for BB&T Scott & Stringfellow.
WINSTON-SALEM, N.C. , June 21, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today released the results of its annual company-run stress test conducted in accordance with regulations of the board of ...
How much will the corporate culture change at BB&T (NYSE: BBT) when Chairman and CEO Kelly King eventually leaves? Not much at all, according to the 69-year-old King, who said upper management has made a conscious effort in hiring and training to maintain the values and ideals of the Winston-Salem-based bank. "One hundred percent," King told Triad Business Journal Wednesday after he participated in the ribbon-cutting ceremony at the new BB&T Leadership Institute near the Triad Corporate Center on Airport Center Drive in west Greensboro.
Moody's Investors Service has today assigned local currency and foreign currency Counterparty Risk Ratings to the rated bank subsidiaries of 60 US banking groups. Moody's Counterparty Risk Ratings (CRRs) ...
GREENSBORO, N.C., June 20, 2018 /PRNewswire/ -- The BB&T Leadership Institute officially opened its new 60,000-square-foot campus today offering unique leadership development programs for corporate executives, business owners, BB&T clients, organizational and educational leaders. The institute features spectacular, contemporary lodge ambience, extensive use of glass and an open floor plan to showcase the scenic, lakeside surroundings. The $35 million campus provides a brand-new experience for guests including immersive spaces for learning, 48 individual guest rooms for overnight visitors, a unique "Treehouse" meeting room, dining area, fitness facilities, staff offices and more. "We're delighted to open the doors to this new campus for The BB&T Leadership Institute, which provides an even greater opportunity to share all we've learned about leadership lessons for nearly half a century," said BB&T Chairman and Chief Executive Officer Kelly S. King.
With Wednesday morning's opening of a new $35 million facility, BB&T Leadership Institute has an all-inclusive, one-stop home for its immersive training programs, somehow tucked into a wooden oasis on the outskirts of Piedmont Triad International Airport at 7807 Airport Center Dr. in Greensboro. Perched in a canopy of trees with buildings connected by pedestrian bridges and overlooking a pond, the three-level campus with decks on every level pretty much has it all – 48 luxury guest rooms, eight classrooms, meeting and special event rooms, a fitness room, staff offices and a bistro. As if any reminder is needed, the large BB&T logo near the top of the nearby BB&T Triad Corporate Center, which the bank took over from American Express in 2013, is on display for guests gazing through the buildings' glass walls.
WINSTON-SALEM, N.C., June 19, 2018 /PRNewswire/ -- BB&T Corporation (BBT) today announced it received an "Outstanding" rating from the FDIC in its most recent evaluation of Community Reinvestment Act (CRA) performance. This represents the highest possible rating of how well a financial institution meets the credit needs of its communities. "This noteworthy achievement reflects the commitment and collaborative efforts of BB&T associates to ensure all individuals and neighborhoods in our communities have an opportunity to thrive," said Sharon Jeffries-Jones, executive vice president and director of CRA/Community Development.
The latest entry is Northwest Bancshares, an almost $10 billion-asset bank located in Warren County in the northwest portion of the state, which agreed last week to acquire Lancaster’s Donegal Financial Services for $85 million.
BB&T Corporation is putting its name on another athletics center. N.C. A&T State University announced this week that BB&T (NYSE: BBT) has paid $1.5-million for a 15-year deal on the naming rights to the university's 37-year-old stadium. The 125,755-square-foot facility will now be known as BB&T Stadium instead of Aggie Stadium, the university said in a press release this week.
WINSTON-SALEM, N.C. , June 13, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 5.00 percent from 4.75 percent effective immediately. About ...
RALEIGH, N.C., June 11, 2018 /PRNewswire/ -- BB&T Insurance Holdings, Inc., a subsidiary of BB&T Corp., today announced a rebranding for its BB&T Insurance Services retail broker. BB&T Insurance Services will begin doing business as McGriff Insurance Services beginning June 25, 2018. The new name comes from affiliate McGriff, Seibels & Williams, which provides property and casualty insurance, employee benefits, life and pension plans, financial services and surety products, as well as specialty insurance programs.
BB&T Corporation (NYSE:BBT) delivered an ROE of 9.37% over the past 12 months, which is an impressive feat relative to its industry average of 8.46% during the same period. OnRead More...
WINSTON-SALEM, N.C. , June 5, 2018 /PRNewswire/ -- As previously announced, BB&T Corporation (NYSE: BBT) will report its second-quarter 2018 earnings on July 19, 2018 , prior to market opening. Chairman ...
WINSTON-SALEM, N.C. , June 5, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced its Chairman and Chief Executive Officer Kelly S. King will present at the Morgan Stanley Financials Conference ...
Since it was signed into federal law by former President Barrack Obama in July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) has attracted much debate about its effectiveness and its impact on small- to mid-sized banks. Under Dodd-Frank, banks with a market capitalization over $50 billion had to undergo stress tests, which measured their ability to weather a financial downturn. The threshold for such testing has raised to $250 billion, which effectively removes regional banks from having to meet this requirement.
BB&T Corp. acquired LakePointe Corporate Center One and Two in two separate real estate transactions that totaled about $52.8 million.
Five banks with significant operations in the Philadelphia region will see their regulatory oversight lessened due to a new law that will roll back parts of the Dodd-Frank law enacted in the wake of the financial crisis. The bill, signed into law by President Donald Trump Thursday after approvals from the Republican-led Senate and House, would increase the threshold for so-called “too big to fail” banks from the current $50 billion in assets to $250 billion. BB&T (NYSE: BBT), Santander (NYSE: SAN), Key (NYSE: KEY) and M&T (NYSE: MTB) — five of the 14 largest banks operating in Greater Philadelphia— would no longer be subject to all of the stress tests and other regulatory obligations that come with being “too big to fail.” There are currently 30 U.S. banks with between $50 billion and $250 billion in total assets.
Last week's shooting at Santa Fe High School brought Charlotte-based Bank of America Corp. under fire once again for its decision to back a lending package to save assault-rifle manufacturer Remington Outdoor from bankruptcy.
WINSTON-SALEM, N.C. , May 23, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced its Chief Operating Officer Chris L. Henson will present at the Deutsche Bank Global Financial Services ...
A newly approved measure cuts some regulations for small lenders that were included in the Dodd-Frank reform bill.
WallStEquities.com redirects investors' attention to the Regional Southeast Banks space, which, despite focusing on a narrow region of the US, is chock-full of dividend stocks. Lined up for monitoring are these four stocks: BancorpSouth Bank (NYSE: BXS), Bank of the Ozarks (NASDAQ: OZRK), BB&T Corp. (NYSE: BBT), and CenterState Bank Corp. (NASDAQ: CSFL).
Major banks — outside of money-center giants — are set to gain a measure of relief when the House of Representatives votes Tuesday on a deregulation bill. The bill, the Economic Growth, Regulatory Relief and Consumer Protection Act, not only will make the regulatory burden lighter but will help set the stage for agencies to act further, analysts say.
Four former BB&T branches in North Carolina, including one in the Triad, will go up for auction on May 31.
Krispy Kreme has toppled Starbucks as the best coffee shop brand, according to the Harris Poll for 2018.