53.40 +0.42 (0.79%)
After hours: 6:31PM EDT
|Bid||53.05 x 800|
|Ask||53.62 x 800|
|Day's Range||51.10 - 53.05|
|52 Week Range||43.03 - 56.31|
|PE Ratio (TTM)||16.44|
|Earnings Date||Jul 19, 2018|
|Forward Dividend & Yield||1.50 (2.85%)|
|1y Target Est||57.40|
WINSTON-SALEM, N.C., July 17, 2018 /PRNewswire/ -- BB&T Corporation (BBT) today released its 2017 Corporate Social Responsibility (CSR) report, detailing many of its community and sustainability efforts to fulfill its mission to make the world a better place to live. "I continue to be inspired by our associates' desire to bring about positive change in our communities," said BB&T Chairman and Chief Executive Officer Kelly S. King.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding BBT totaled $3.00 billion.
Jim Cramer flies through his take on callers' favorite stocks, including an airline play feeling the heat.
BB&T's (BBT) acquisition of Regions Insurance will support revenue growth. Backed by a strong balance sheet position, the bank will likely continue with such deals to expand insurance operations.
A BB&T executive has returned to Cincinnati to take a prominent position with the bank after leaving the local market for a year.
WINSTON-SALEM, N.C. , July 2, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) announced today that BB&T Insurance Holdings, Inc. (BB&T Insurance) has completed its acquisition of Regions Insurance Group ...
High Point's leading landlord has donated $1 million toward the city's redevelopment, with funds being directed toward an entrepreneur center and the baseball stadium.
WINSTON-SALEM, N.C. , June 29, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced the Federal Deposit Insurance Corporation and the North Carolina Office of the Commissioner of Banks (NCCOB) ...
The Federal Reserve gave a thumbs-up to the capital plans of Charlotte's largest banks. That means increased dividends and more share buybacks to come.
On Thursday, June 28, 2018, US markets saw broad based gains with seven out of nine sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below.
WINSTON-SALEM, N.C., June 28, 2018 /PRNewswire/ -- BB&T Corporation (BBT) today announced the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital actions include a recommendation to increase the quarterly dividend $0.03 to $0.405, an 8-percent increase. The plan also incorporates other uses of capital, including capital distributions of up to $1.7 billion in share repurchase transactions beginning in the third quarter of 2018 through the second quarter of 2019, of which a portion will be used for the announced acquisition of Regions Insurance Group.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Marinus ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding BBT totaled $173 million.
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...