BBT - BB&T Corporation

NYSE - NYSE Delayed Price. Currency in USD
45.09
-2.05 (-4.35%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close47.14
Open46.59
Bid0.00 x 1300
Ask48.95 x 800
Day's Range45.01 - 46.79
52 Week Range40.68 - 56.03
Volume9,014,287
Avg. Volume5,910,833
Market Cap34.441B
Beta (3Y Monthly)1.12
PE Ratio (TTM)11.53
EPS (TTM)3.91
Earnings DateApr 18, 2019
Forward Dividend & Yield1.62 (3.37%)
Ex-Dividend Date2019-02-12
1y Target Est55.61
Trade prices are not sourced from all markets
  • Cover story: Bevy of projects add flavor to Triad downtowns
    American City Business Journals21 hours ago

    Cover story: Bevy of projects add flavor to Triad downtowns

    Sporting venues. The arts. Bars. Restaurants. Hotels. They're all coming together to add vibrancy for downtowns across the Triad. TBJ"s Crane Watch gets you up to speed on what's coming and when.

  • PR Newswireyesterday

    BB&T Announces Redemption of Floating Rate Senior Notes

    WINSTON-SALEM, N.C. , March 21, 2019 /PRNewswire/ --  BB&T Corporation (NYSE: BBT) today announced the redemption on April 1, 2019 , of $250 million of the aggregate principal amount of the outstanding ...

  • Black farmers association asks Fed to reject SunTrust/BB&T merger
    American City Business Journalsyesterday

    Black farmers association asks Fed to reject SunTrust/BB&T merger

    The merged bank will be less responsive to the needs of the communities it serves, the organization alleges.

  • TheStreet.comyesterday

    Changes in Fed Policy Pressure Regional Banks

    Lower interest rates put the squeeze on bank earnings and that puts pressure on super regional banks such as BB&T Corp. During Fed Chair Jerome Powell's press conference, one notion that caught my attention is that there appears to be renewed scrutiny for these larger banks. A dovish Fed and continued low interest rates put pressure on net interest margins, which is the money banks make after their cost of money and interest earned on investments.

  • GlobeNewswire2 days ago

    Bleichmar Fonti & Auld LLP Announces Objection of the National Black Farmers Association to The Proposed Merger of SunTrust Banks, Inc. and BB&T Corporation

    Bleichmar Fonti & Auld LLP (“BFA”) announces that it has published a letter on behalf of the National Black Farmers Association (“NBFA”) objecting to the proposed merger of SunTrust Banks, Inc. (NYSE: STI) and BB&T Corporation (NYSE: BBT), and urging the Board of Governors for the Federal Reserve System (“Board” or “Fed”) to reject the merger. The proposed merger of SunTrust and BB&T would be the largest since the financial crisis and it would create the sixth-largest bank in the United States.

  • Technology key to SunTrust merger, BB&T CEO King says
    American City Business Journals3 days ago

    Technology key to SunTrust merger, BB&T CEO King says

    'The combination with SunTrust will allow us to invest more substantially in technology,' BB&T; CEO Kelly King writes in his annual letter to shareholders.

  • Why it's a bullish backdrop for big bank stocks
    Yahoo Finance3 days ago

    Why it's a bullish backdrop for big bank stocks

    Shares of Bank of America, Goldman Sachs, JPMorgan Chase and other big banks are on fire. Here are several surprising reasons why.

  • SunTrust, BB&T still working on new name, CEO Rogers says
    American City Business Journals4 days ago

    SunTrust, BB&T still working on new name, CEO Rogers says

    "It's a culture-building moment," SunTrust CEO Bill Rogers said of formulating a name to replace SunTrust and BB&T;.

  • 3 Reasons JP Morgan Is a Solid Blue-Chip Play
    InvestorPlace7 days ago

    3 Reasons JP Morgan Is a Solid Blue-Chip Play

    The bullish move of stocks since late December has certainly been impressive. It does show how quickly sentiment can change.Source: Shutterstock Yet the macroeconomic environment still looks dicey. Some of the recent economic data - such as the jobs numbers and home sales - point to a slowing of the U.S. economy. In the meantime, Europe and China continue to have problems. Given all this, it should be no surprise that most central banks have been pursuing looser monetary policies. * 15 Stocks That May Be Hurt by This Year's Big IPOs So what does this mean for the rally? It's tough to tell. With such a big move already, there could easily be a pause or even a pullback as investors take profits. But if the economic situation continues to deteriorate, there will probably be an even bigger toll on the markets, with riskier stocks like to drop more than blue-chip names.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat is why it might be a good idea to look for some more stable, blue-chip companies to put in your portfolio. And a good choice right now is JPMorgan Chase (NYSE:JPM). To see why, let's consider the following three reasons: JP Morgan Stock: Diverse PlatformThe recently announced merger between BB&T (NYSE:BBT) and SunTrust Banks (NYSE:STI) points to the importance of size in the banking industry. The business is highly competitive, as customers want a wide array of services at low costs.But of course, that's great for JP Morgan stock. Note that the company is the largest bank in the U.S, with $1.5 trillion in assets and 62 million U.S. household customers (about 4 million small businesses also use JPM).Additionally, the bank has a diverse platform that includes the top global investment bank and a thriving wealth-management business. Furthermore, JPM is the top player in the highly lucrative credit-card industry.All this highlights the strategic vision and managerial capabilities of JP Morgan's CEO, Jamie Dimon. After all, he showed strong leadership during the financial crisis and has since found ways to deal with the new world of banking. JP Morgan Stock: InnovationAnother benefit of JPM's large size is that it has enough resources to conduct R&D. For example, the company has 49 million active digital customers, and 33 million of them use their mobile devices for banking.But the company has been looking at next-generation technologies, such as blockchain, as well. That system is quite powerful, as it enables secure and transparent collection of data. In other words, it's great for financial transactions.In the blockchain category, JP Morgan has created JPM Coin. It is geared for making settlements for trade more efficient. All in all, the project is a massive opportunity and could be a nice source of fee income.JPM is also using partnerships. Perhaps the most notable one is the alliance with Amazon.com (NASDAQ:AMZN) and Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to develop Haven, a joint venture focused on lowering health-care costs. JP Morgan Stock: FinancialsOne of the headwinds facing JPM stock has been onerous regulations. However, there is a silver lining; specifically, the regulations have forced JPM to greatly strengthen its balance sheet. What's more, some of the rules have been loosened over the past couple of years.But JPM has been able to consistently generate strong returns on tangible common equity -- regardless of the environment. Its return on tangible common equity came in at 17% last year, versus 10.9% for Citigroup (NYSE:C), 13.7% for Wells Fargo (NYSE:WFC) and 15.5% for Bank of America (NYSE:BAC).The dividend yield of JP Morgan stock, currently around 3.1%, is also attractive. And the valuation of JPMorgan stock is reasonable, as its forward price-earnings multiple is about ten.Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 3 Reasons JP Morgan Is a Solid Blue-Chip Play appeared first on InvestorPlace.

  • Regional Banks Test Resistance on Acquisition News
    Investopedia8 days ago

    Regional Banks Test Resistance on Acquisition News

    Discover what's driving regional banking stocks in the first quarter of 2019. These three industry leaders could keep the momentum going.

  • 6 Large-Cap Stocks With Low Price-Sales Ratios
    GuruFocus.com8 days ago

    6 Large-Cap Stocks With Low Price-Sales Ratios

    Shares of Acco Brands Corp. (ACCO) are trading around $8.8 with a price-sales ratio of 0.50 and a price-earnings ratio of 8.91. The stock has risen at an annualized rate of 22.8% over the last 10 years. The discounted cash flow calculator gives the stock a fair value of $10.81, suggesting it is undervalued with a 17% margin of safety.

  • Reuters8 days ago

    Fed announces 2 public hearings on proposed BB&T, SunTrust merger

    The U.S. Federal Reserve said on Thursday it will hold two public hearings related to BB&T Corp's proposal to acquire SunTrust Banks Inc . The regulator will also extend the public comment period as it aims "to collect information relating to the convenience and needs of the communities to be served" by the lender, the Fed said in a joint statement with the Federal Deposit Insurance Corporation (FDIC). The meetings will be held on April 25 at the Fed's office in Charlotte, North Carolina, and on May 3 at the Fed's office in Atlanta.

  • JPMorgan (JPM) to Open 90 Branches in 2019, Hire New Staff
    Zacks9 days ago

    JPMorgan (JPM) to Open 90 Branches in 2019, Hire New Staff

    JPMorgan's (JPM) plan to expand by opening retail branches in new areas will support its top line over the long run.

  • Why BB&T (BBT) is a Top Dividend Stock for Your Portfolio
    Zacks10 days ago

    Why BB&T (BBT) is a Top Dividend Stock for Your Portfolio

    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.

  • Markit11 days ago

    See what the IHS Markit Score report has to say about BB&T Corp.

    BB&T Corp NYSE:BBTView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for BBT with fewer than 5% of shares on loan. 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. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BBT had net inflows of $1.35 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • The timeline of the BB&T/SunTrust deal: It all started back in August 2018
    American City Business Journals11 days ago

    The timeline of the BB&T/SunTrust deal: It all started back in August 2018

    On Aug. 10, 2018, BB&T;'s Kelly King and SunTrust's Bill Rogers had a discussion which supported their beliefs that each shared many of the same views.

  • SunTrust’s Rogers feeling ‘incredibly bittersweet’ in final letter as CEO
    American City Business Journals14 days ago

    SunTrust’s Rogers feeling ‘incredibly bittersweet’ in final letter as CEO

    In his final letter as chairman and CEO of SunTrust Banks, Bill Rogers thanks employees, executives and shareholders, and says change ahead 'will be thoughtful, supportive and compassionate.' He'll be the No. 2 exec at the combined BB&T;/SunTrust.

  • How Safe Is Venmo and Is It Free?
    Investopedia18 days ago

    How Safe Is Venmo and Is It Free?

    Venmo has been billed as the payment app for Millennials and is known for making the most awkward part of the night (splitting the bill) a little more bearable. It’s also one of the most popular apps in the peer-to-peer (P2P) payments space. But how does it actually work?

  • American City Business Journals21 days ago

    (GALLERY) Cover Story: Triad homebuilding isn't blistering hot, but maybe that's not all bad

    Builders see challenges in the Triad housing market, but moderate growth is largely keeping prices in check.

  • Will BB&T Corporation’s (NYSE:BBT) Earnings Grow In The Years Ahead?
    Simply Wall St.22 days ago

    Will BB&T Corporation’s (NYSE:BBT) Earnings Grow In The Years Ahead?

    BB&T Corporation's (NYSE:BBT) most recent earnings update in December 2018 confirmed that the company benefited from a robust tailwind, leading to a double-digit earnings growth of 38%. Below is aRead More...

  • 'Red Shoe Guy' gives optimistic Triad market forecast
    American City Business Journals23 days ago

    'Red Shoe Guy' gives optimistic Triad market forecast

    The "Red Shoe Guy" is optimistic about the economic future of the Triad and North Carolina. KC Conway, the director of research and corporate engagement with the Alabama Center for Real Estate, told the gathering at Wednesday's CCIM Triad Market Forecast that the region is well positioned economically for the coming year. Conway, the self-described Red Shoe Guy, even called North Carolina "the winner" in the chase for the new Amazon headquarters that ended up going to a suburban Washington location in northern Virginia.

  • PR Newswire23 days ago

    BB&T Corporation CFO to Present at Raymond James 40th Annual Institutional Investors Conference

    WINSTON-SALEM, N.C. , Feb. 27, 2019 /PRNewswire/ --  BB&T Corporation (NYSE: BBT) today announced its Chief Financial Officer Daryl N. Bible will present at the Raymond James 40th Annual Institutional ...

  • American City Business Journals23 days ago

    What South Florida bank M&As could look like in 2019

    A lower corporate tax rate and favorable regulatory environment could lead to additional mergers between national financial institutions or regional heavyweights this year.

  • Warren accuses Fed of approving bank mergers with 'rubber stamp'
    Yahoo Finance24 days ago

    Warren accuses Fed of approving bank mergers with 'rubber stamp'

    Sen. Elizabeth Warren peppered Fed Chair Jerome Powell with a line of questioning around the Fed's approach to bank merger applications, arguing that communities should have more say in the process.

  • American City Business Journals25 days ago

    SunTrust provides financing for residence hall in future hometown

    With a growing need for more student housing at Queens University of Charlotte, Atlanta-based SunTrust Banks Inc. has stepped in with $12 million in financing for a new residence hall. Construction started last fall on what college officials call the Northwest residence hall, which is slated for completion before students arrive for class this upcoming fall. The 30,000-square-foot building will house 120 students.