|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|
|Forward Dividend & Yield||1.50 (2.88%)|
|1y Target Est||N/A|
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) ...
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.
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.
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...
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.
A newly approved measure cuts some regulations for small lenders that were included in the Dodd-Frank reform bill.
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.
Assessing BB&T Corporation’s (NYSE:BBT) performance as a company requires looking at more than just a years’ earnings data. Below, I will run you through a simple sense check to buildRead More...
WILMINGTON, Del./NEW YORK, May 6 (Reuters) - Bank of America Corp is preparing to provide critical financing to Remington Outdoor Co, which makes assault-type rifles, just weeks after the U.S. bank said it would stop financing "military-style" firearms for civilians. The bank is contributing $43.2 million to a $193 million lending package funded by seven banks, according to court documents, which will help put Remington back on stable footing as it emerges from bankruptcy later this month into an uncertain environment for gun makers. The package replaces a similar credit facility the banks committed to providing Remington.
have over the years declared so-called "special dividends" -- one- time extra payments to shareholders. With the new U.S. tax law granting corporations a limited window to repatriate overseas profits at low tax rates, many companies might use the extra cash for special dividends. Let's discuss how this impacts income investors.
For the 13th year, J.D. Power has ranked how well the nation's retail banks are meeting customer expectations.
As a $ 41.94B market capitalisation bank, BB&T Corporation (NYSE:BBT) is well-positioned to benefit from the improving credit quality as a result of post-GFC recovery. A borrower’s demand for, andRead More...
Central Florida's banks are ready to grow, despite increased competition and the need for high-tech advancements.
During 2017, many large US banks reported a material slowdown in the growth of noninterest-bearing deposits, a credit negative, Moody's Investors Service says in a new report. This trend is likely to continue in 2018 as short-term interest rates rise further, which opens the possibility for an outright contraction in banks' noninterest-bearing deposits, though this could be mitigated by growth in low-cost interest-bearing alternatives, such as interest checking. "The deposits held in noninterest-bearing accounts are at the heart of a typical banking relationship, forming a cornerstone or 'crown jewel' in banks' franchises," Moody's Senior Vice President Allen Tischler says.