|Bid||50.20 x 4000|
|Ask||52.00 x 900|
|Day's Range||50.01 - 51.12|
|52 Week Range||40.68 - 56.31|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||13.07|
|Earnings Date||Apr 18, 2019|
|Forward Dividend & Yield||1.62 (3.17%)|
|1y Target Est||55.46|
BB&T (BBT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW ORLEANS , Feb. 15, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
Charlotte's first capital fund for financial-technology startups is up and running. So far, Carolinas Fintech Ventures has raised $2.5 million.
Two of Central Florida’s largest banks that occupy prominent downtown Orlando offices and have dozens of branches across the Orlando area may put some of that real estate up for lease or sale in the coming months. Winston-Salem, N.C.-based BB&T Corp. (NYSE: BBT) will buy Atlanta-based SunTrust Banks Inc. (NYSE: STI) in this year’s fourth quarter for roughly $28 billion, creating a plethora of local real estate opportunities as the banks begin to consolidate operations.
The biggest bank deal in recent years doesn’t touch southwestern Pennsylvania per se, but it could pave a path to new opportunities for one of Pittsburgh’s largest banks. It may also signal the next large financial institution to enter the region. BB&T Corp., based in Winston-Salem, North Carolina, and SunTrust Banks Inc. of Atlanta (NYSE:STI) announced plans to merge in a $66 billion all-stock transaction that will create the nation’s sixth-largest bank with assets of $442 billion.
The biggest U.S. bank deal in a decade has some questioning if Birmingham’s largest bank and only Fortune 500 company could be the next M&A; target.
Venezuela’s economy may have fallen completely into disarray, but markets are looking for a political resolution that would open the doors for various investments.
The planned departure of the Triad's two leading Fortune 500 companies continues a long trend of the Triad losing the HQ presence of nationally recognized companies. Of the 25 companies on TBJ's local public companies list a decade ago, only eight remain public and based in the region.
In September 2017, North Carolina native Cameron Wells moved to Nashville to lead the local office of one of The Tar Heel State’s most recognizable lenders. The BB&T veteran’s profile is slated to rise in the coming months as the bank finalizes its recently announced blockbuster acquisition of Atlanta’s SunTrust Banks Inc. That deal will catapult BB&T to be one of Nashville’s largest banks, giving Wells access to a deeper client roster, bench of talent and well of resources. How’d you start working with BB&T?
The deal bringing the combined BB&T;/SunTrust to Charlotte in many way resembles First Union Corp.’s 2001 purchase of the original Wachovia Corp. That deal, like this one, involved a raid by Charlotte on a major banking headquarters in Winston-Salem.
Federal bank regulators have changed policies that had deterred deals after the financial crisis, The Wall Street Journal says.
Behind one of the biggest bank deals in a decade is a recognition that BB&T Corp. and SunTrust Banks Inc., both dominant banks in the South, would be more competitive with a bigger tech budget. The deal, which would create the sixth-largest regional bank and a financial powerhouse in the South, underscores the urgency facing regional banks to invest heavily in client-facing and back-end technology to continue attracting consumer and corporate customers. It’s technology,” said Todd Baker, a senior fellow at the Richard Paul Richman Center for Business, Law and Public Policy at Columbia University.
WINSTON-SALEM, N.C. , Feb. 12, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) will report its first-quarter 2019 earnings on April 18, 2019 . Chairman and Chief Executive Officer Kelly S. King and Chief ...
"We are going to invest another $100 million dollars in technology and in innovation," CEO Bill Rogers told SunTrust employees in a companywide webcast.
If the market is any indication of how the BB&T; Corp. and SunTrust Banks Inc. combination will play out, then it's full-steam ahead for the "merger of equals."
When BB&T; and SunTrust announced their mega-merger, Pinnacle CEO Terry Turner's inbox was flooded with emails. Here's why.
Baltimore's skyline is about to change in the wake of the merger between BB&T Corp. and SunTrust Banks Inc. Both banks have neon monikers atop some of the city's tallest buildings and the deal announced last week specifies a new identity for the megabank is coming. "They are not sure what the name is," said Antony Gross, senior vice president for JLL and a local expert on the office market. "From a landscape standpoint, one of the two names is going to disappear or both." The $66 billion merger unveiled last Thursday between BB&T (NYSE: BBT) and SunTrust (NYSE: STI) will make it the region's third largest bank with about $442 billion in assets.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Kelly King has been the CEO ofRead More...
another government shutdown, raising hopes that Congress can pass a spending bill before the Friday deadline, if President Donald Trump decides to sign it. Both parties have repeatedly stated they are strongly against a second government shutdown. The most recent shutdown — the longest in US history — lasted 35 days and affected 800,000 federal workers, with knock-on effects for government contractors, as well as the broader US economy.
The yet-to-be-named bank that emerges from the BB&T-SunTrust; marriage will have a crowded playing field in Durham – with several duplicate locations.
BB&T has 52 branches in the Triad, and SunTrust has 25. According to Triad Business Journal research, at least 11 BB&T branches are within one mile of a SunTrust branch. TBJ talked with three Triad real estate brokers familiar with the industry – NAI Piedmont Triad's Robbie Perkins, Schulman & Beard's Richard Beard and Ray Collins of Collins Commercial Properties.