|Bid||0.00 x 800|
|Ask||0.00 x 4000|
|Day's Range||48.28 - 49.93|
|52 Week Range||40.68 - 56.03|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||12.52|
|Earnings Date||Jul 18, 2019|
|Forward Dividend & Yield||1.62 (3.48%)|
|1y Target Est||55.21|
The banks are using the choice of a new name as a culture-building moment, SunTrust CEO William Rogers said.
Earnings per share for the Winston-Salem-based bank hit $1.05 per share — excluding charges for the merger with Atlanta-based SunTrust Banks Inc. — 2 cents above the $1.03 per share analysts expected.
At Coke's annual meeting in Atlanta on April 24, Quincey will consolidate his leadership of the beverage company.
WINSTON-SALEM, N.C., April 18, 2019 /PRNewswire/ -- BB&T Corporation (BBT) today announced the Board of Governors of the Federal Reserve System has terminated its Cease and Desist Order with BB&T Corporation related to BB&T's anti-money laundering (AML) program. No money laundering activity was identified and no financial penalty was levied in relation to this order. "We are very pleased with the Fed's announcement," said BB&T Chairman and Chief Executive Officer Kelly S. King.
BB&T said adjusted earnings for the three months ending in March came in at $1.05 per share, up 11.7% from the same period last year and 2 cents ahead of the consensus forecast. "We are pleased to report strong earnings of $749 million, or $0.97 per diluted common share, for the first quarter," said CEO Kelly King. BB&T shares were marked 2.01% lower at the start of trading following the earnings release Thursday to change hands at 48.83 each.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does BB&T (BBT) have what it takes? Let's find out.
The firm will collaborate with marketing and digital experts at the banks to create, research and implement the name.
WINSTON-SALEM, N.C. , April 18, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported earnings for the first quarter of 2019. Net income available to common shareholders was $749 million . Earnings ...
While People's United Financial's (PBCT) top and bottom lines are anticipated to reflect year-over-year growth, escalating expenses might mute revenue growth to some extent.
Weak investment banking performance and dismal trading will likely hurt BofA's (BAC) Q1 earnings to an extent, while higher interest rates and decent loan growth will offer some support.
Dukes is the chief financial officer of SunTrust and she had been identified in the Feb. 7 announcement of SunTrust's and BB&T;'s merger as one of the SunTrust executives who would be part of the executive management team of the merged bank, which will be based in Charlotte, N.C.
Bank earnings season kicked off Friday, April 12, with first-quarter reports from JPMorgan Chase (JPM) and Wells Fargo (WFC). As more reports roll in, investors will be keen to see what a pause in interest-rate hikes and a potential slowdown in economic growth could mean for the sector going forward.After all, those and other concerns have made financial stocks a market laggard so far this year. The Standard & Poor's 500-stock index is up a hot 15% for the year through April 10. The financial sector, however, gained just 11% over the same span. The bank subsector was up a bit more than 12%.But the financial sector might be ready to pivot. Analysts surveyed by Refinitiv expect the sector to post year-over-year Q1 earnings growth of just 2.9%. That doesn't sound like much, but it's encouraging when you consider that FactSet estimates the S&P; 500's profits will contract by 4.2% for the quarter.Which bank stocks are analysts most excited about right now? We screened the Russell 1000 Index for the top-rated small, midsize and large bank stocks. S&P; Global Market Intelligence surveys analysts' ratings on stocks and scores them on a five-point scale, where 1.0 equals "Strong Buy" and 5.0 means "Strong Sell." Any score of 2.0 or lower means that analysts, on average, rate the stock a "Buy." The closer the score gets to 1.0, the better.Here are the 12 best-rated bank stocks as earnings season gets into gear. This group is broken down into the four most-loved stock picks in the small-, mid- and large-cap spaces. SEE ALSO: The 25 Best Blue-Chip Stocks to Buy Now (According to Hedge Funds)
The Zacks Analyst Blog Highlights: McDonald's, Enterprise Products Partners, Charles Schwab, BB&T and Humana
BB&T (BBT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.