|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.29 - 55.13|
|52 Week Range||41.17 - 55.70|
|PE Ratio (TTM)||20.00|
|Forward Dividend & Yield||1.32 (2.41%)|
|1y Target Est||N/A|
The nation’s largest banks — such as JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Wells Fargo & Co. (WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (GS) and Morgan Stanley — have operations around the country. Another one of New York City's major banks announced a loss of revenue for the fourth quarter. Goldman Sachs confirmed that a one-time tax charge contributed to its first quarterly loss in six years.
BB&T Corporation (BBT) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
The initiative is part of a digital transformation BB&T has undergone since 2015. "A significant investment in fintech puts BB&T on an aggressive pace to more quickly navigate our digital road map and further foster a culture of innovation throughout the company," said Bennett Bradley, chief digital officer.
A bevy of biotechs led the charge in 2017 as U.S. stock markets rocketed to record highs, although analysts caution the surge had more to do with individual companies beating expectations than it did with a broader confidence in the life sciences sector as a whole. The Business Journals analysis included 3,000 publicly traded companies with at least $100 million in stock market value apiece as of Dec. 31, 2017. In the Triad, trucking and manufacturing companies had the top stocks of 2017.
A Relative Strength Rating upgrade for BB&T shows improving technical performance. Will it continue?
BB&T Corporation (NYSE:BBT) delivered a less impressive 7.98% ROE over the past year, compared to the 8.93% return generated by its industry. BBT’s results could indicate a relatively inefficient operationRead More...
BNY Mellon (BK) completes the sale of real asset investment boutique CenterSquare Investment Management to its management team and Lovell Minnick Partners.
Both BB&T (BBT) and SunTrust (STI) are well poised for growth. However, SunTrust seems to be a better investment option given the higher earnings growth prospects.
BB&T Corp. is the latest U.S. company to announce financial incentives for employees after Congress last week passed the GOP tax bill. "By far and away, our associates are our most important asset,” said Kelly King, BB&T chairman and CEO. “They’ve worked so hard, especially over the last few years, to position BB&T for continued success.
Rating Action: Moody's Upgrades Two and Affirms Three Classes of WBCMT 2006- C29. Global Credit Research- 07 Dec 2017. Approximately $125 Million of Structured Securities Affected.
Jan.18 -- BB&T Corp. Chairman and CEO Kelly King discusses what his company will do with the bank's savings from the tax cuts. He speaks with Julia Chatterley and Scarlet Fu on Bloomberg's "What'd You Miss?"
BB&T CEO Kelly King discusses his company's decision to raise wages and give employees a one-time bonus for the end of the year.
CNBC's Leslie Picker reports several banks have already increased their lending rates to 4.5% following the Fed's announcement it would raise rates.