|Bid||53.74 x 700|
|Ask||53.75 x 100|
|Day's Range||53.27 - 54.09|
|52 Week Range||41.17 - 56.31|
|PE Ratio (TTM)||19.56|
|Forward Dividend & Yield||1.50 (2.78%)|
|1y Target Est||N/A|
Mar.28 -- Mike Mayo, Wells Fargo Securities senior bank analyst, explains how larger banks are beating smaller regional banks. He speaks with Lisa Abramowicz on "Bloomberg Markets."
In a conference call with analysts, BB&T CEO Kelly King addresses the outage in February that caused many of the company's banking services to be unavailable to customers.
While the bank will more than likely compete with bigger banking giants for business, local banks could feel a recruitment squeeze, experts say.
Banks including Wells Fargo, Truliant, BB&T and First Bank are pitching in to help the region recover from an April 15 tornado.
Procter & Gamble PG – Procter & Gamble earned an adjusted $1 per share for its third quarter , 2 cents a share above estimates. BB&T BBT – The regional bank reported adjusted quarterly profit of 97 cents per share, beating Street forecasts by 5 cents a share. Bank of New York Mellon BK – The bank came in well above forecasts, with quarterly profit of $1.10 per share.
Major banks' Q1 earnings are expected to be driven by higher interest rates and decent loan growth. Also, a slight improvement in fee income will likely provide some support.
BB&T's (BBT) Q1 earnings are expected to reflect improvement in loan balance and higher insurance income. On the other hand, interest income performance will likely disappoint.
Investors' bullish stance on bank stocks was mainly driven by expectations of improving economy and decent Q1 earnings.
A bank spokesman said the work conducted in the Allentown call center would be transferred to BB&T’s five other call centers in North Carolina, Texas and Florida.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. In the past 10 years BB&T Corporation (NYSE:BBT) has returnedRead More...
As part of strategic initiatives to further strengthen insurance business, BB&T (BBT) signs an agreement to acquire Regions Financial's insurance subsidiary.
Canyon Capital Advisors indicated in a regulatory filing that it would like a board seat on the student loan servicer.
Investors wiped $300 billion from U.S. stocks this morning on fears of a trade war with China, including the risk that the U.S. might impose a possible $25 billion a year in tariffs on Chinese imports. The Dow Jones Industrial Average plunged more than 400 points by lunchtime on news that President Trump is considering slapping tariffs on another $100 billion of Chinese goods, in response to China's retaliation for the U.S. retaliation against China's "unfair" trade practices. The Standard & Poor’s 500 and Nasdaq Composites each fell just over 1%.
Prospects of merger & acquisition (M&A) activity and changes to cumbersome financial regulations are turning 2018 into The Year of the Financial Stock.
BB&T Corporation (NYSE: BBT ) shares pulled back along with the broader market last week, although they have recouped part of their losses since then. The Analyst B Riley FBR analyst Steve Moss upgraded ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting BBT. Over the last one-month, outflows of investor capital in ETFs holding BBT totaled $4.10 billion.