|Bid||60.46 x 1400|
|Ask||60.46 x 1200|
|Day's Range||60.32 - 60.86|
|52 Week Range||46.05 - 75.08|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||10.63|
|Forward Dividend & Yield||2.24 (3.65%)|
|1y Target Est||N/A|
Callahan is a 37-year veteran in the region's banking industry with stints at Wachovia and Wells Fargo.
Atlanta-based financial services company Greenlight Financial Technology Inc. has raised $39 million in equity funding. The company, founded in 2014, markets a smart debit card aimed at children that allows parents to use an app to can control their children’s spending.
The largest office relocation in downtown Orlando this year won’t happen as scheduled, which likely will affect other company moves in the urban core. Atlanta-based SunTrust Banks Inc. (NYSE: STI) plans to shift its Orlando headquarters into the still-under-construction SunTrust Plaza at Church Street Station by December, SunTrust spokesman Thomas Crosson said. Previously, the largest bank in Central Florida expected to make its 90,000-square-foot move by August with its roughly 250,000 square feet of former office space opening up by October.
Triangle Business Journal’s latest list of largest publicly traded companies combined for a market cap of $772 billion, down slightly from the $780 billion total a year ago. They are the subject of this week's top list.
The Atlanta office market is in store for big changes soon, thanks in part to recent mergers and acquisitions, four of which represent more than 2.5 million square feet of pre-merger office space.
Kelly gets the Georgia assignment. Heath Campbell, BB&T; Regional President for Georgia, will move to Charlotte.
August is traditionally a little slower in terms of large companies announcing dividend increases, but SunTrust Banks and Martin Marietta Materials were exceptions this week.
The Internal Revenue Service — already a significantly sized office tenant in Central Florida — wants to grow its footprint. The IRS seeks an additional 25,230 square feet of space in Central Florida, according to an online post.
The "merger of equals" of the two southeastern banks is expected to close late in the third quarter or in the fourth quarter.
King reassured Triad business leaders that the loss of BB&T;'s headquarters won't be an overall loss for region.
OBJ took a closer look at how city officials and businesses view the potential of the five opportunity zones in and directly surrounding Orlando’s central business district.
The Winston-Salem-based federal credit union fears confusion online and in person should the name Truist hold up for the bank to emerge out of the BB&T;/SunTrust marriage.
Rise in loan balance and improvement in mortgage banking business support KeyCorp's (KEY) Q2 earnings. However, worsening asset quality and flattening of yield curve are the undermining factors.
Citizens Financial's (CFG) Q2 earnings reflect capital strength and higher fee income, partially offset by escalating expenses and provisions.
Lower expenses (driven by cost saving efforts) support State Street's (STT) Q2 earnings. However, decline in revenues act as a headwind.
The nation's most valuable startup appears to be gearing up for an opulent buildout in Orlando. New York-based WeWork Cos. next year plans to open its membership-based shared-office concept in downtown, helping fill some of the vacancy left behind when Atlanta-based SunTrust Banks Inc. (NYSE: STI) relocates from the SunTrust Center on South Orange Avenue. WeWork's deal was one of the biggest leases to be signed for office space in downtown in the last several years.
Webster Financial's (WBS) second-quarter 2019 results reflect higher revenues and growth in loans. However, elevated expenses pose a concern.
Loan growth, higher mortgage banking income and relatively higher rates support BB&T's (BBT) Q2 earnings. However, higher costs and a modest decline in deposits are undermining factors.