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BB&T Corp (BBT)

BBT on New York Consolidated

47.50USD
20 Oct 2017
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$0.76 (+1.63%)
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Latest Key Developments (Source: Significant Developments)

BB&T sees Q4 net interest income on taxable-equivalent basis to be stable compared with Q3
Thursday, 19 Oct 2017 06:21am EDT 

Oct 19 (Reuters) - BB&T Corp :BB&T corp sees Q4 net interest income on taxable-equivalent basis to be stable compared with Q3 - presentation slides‍​.BB&T corp - sees Q4 core ‍loans up 2 pct to 4 pct annualized versus. Q3 ​.BB&T corp sees Q4 GAAP net interest margin to be down 3 to 5 BPS versus Q3.  Full Article

BB&T reports Q3 earnings per share of $0.74
Thursday, 19 Oct 2017 05:45am EDT 

Oct 19 (Reuters) - BB&T Corp :BB&T reports solid third quarter earnings.Q3 earnings per share $0.74.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.78 excluding items.Q3 revenue $2.9 billion versus I/B/E/S view $2.84 billion.BB&T Corp - ‍taxable-equivalent revenues were $2.9 billion for Q3, down $41 million from Q2 of 2017​.BB&T Corp qtrly ‍average loans and leases held for investment were $142.7 billion compared to $143.1 billion for Q2 of 2017​.BB&T Corp - ‍incurred pre-tax merger-related and restructuring charges of $47 million ($29 million after-tax)​ in quarter.BB&T Corp qtrly ‍average deposits were $157.4 billion compared to $160.3 billion for Q2 of 2017​.BB&T Corp - qtrly taxable equivalent net interest income $‍​1,688 million versus $1,650 million.BB&T Corp - qtrly preliminary risk based common equity tier 1 ratio ‍​10.1 percent versus 10.1 percent last year.BB&T Corp qtrly provision for credit losses was $126 million, compared to $135 million for the prior quarter‍​.  Full Article

BB&T says reopens South Florida branches in aftermath of Hurricane Irma
Wednesday, 13 Sep 2017 04:25pm EDT 

Sept 14 (Reuters) - BB&T Corp :BB&T Corp - ‍announced it has reopened majority of its financial centers in South Florida region in wake of damages left behind by Hurricane Irma.​.  Full Article

BB&T raises dividend 10 pct to $0.33/share
Tuesday, 25 Jul 2017 02:09pm EDT 

July 25 (Reuters) - BB&T Corp ::BB&T announces 10-percent increase in common dividend.Declared a quarterly common stock cash dividend increase of $0.03 to $0.33 per share​.  Full Article

BB&T Corp says entered into accelerated share repurchase agreement to repurchase $920 mln of BB&T's common stock - SEC Filing
Thursday, 20 Jul 2017 04:49pm EDT 

July 20 (Reuters) - BB&T Corp :BB&T Corp - On July 20, co entered into accelerated share repurchase agreement to repurchase $920 million of BB&T's common stock - SEC Filing.BB&T Corp - Repurchase is part of company's previously authorized program to repurchase up to $1.88 billion of company's common stock.BB&T Corp - BB&T will receive an initial delivery of common shares representing approximately 80% of expected total to be repurchased.  Full Article

BB&T Q2 earnings per share $0.78 excluding items
Thursday, 20 Jul 2017 05:45am EDT 

July 20 (Reuters) - BB&T Corp ::BB&T reports record second quarter earnings; performance driven by record quarterly revenues.Q2 earnings per share $0.78 excluding items.Q2 earnings per share $0.77.Q2 revenue rose 3.9 percent to $2.9 billion.Q2 earnings per share view $0.77 -- Thomson Reuters I/B/E/S.BB&T Corp - taxable-equivalent revenues were $2.9 billion for Q2, up $75 million from Q1 of 2017.Qtrly average loans and leases held for investment were $143.1 billion compared to $142.0 billion for Q1 of 2017.Qtrly average deposits were $160.3 billion compared to $161.4 billion for Q1 of 2017.Says ‍tier 1 risk-based capital was 12.1 percent in quarter ​.BB&T Corp - ‍incurred pre-tax merger-related and restructuring charges of $10 million ($6 million after tax)​ in quarter.Qtrly net interest income on a taxable-equivalent basis was up $26 million.BB&T Corp - qtrly taxable equivalent net interest income $$ 1,675 million versus. $ 1,649 million last quarter.Qtrly provision for credit losses was $135 million, compared to $111 million in the earlier quarter.  Full Article

BB&T Corp's ‍capital actions include recommendation to increase quarterly dividend $0.03-$0.33
Wednesday, 28 Jun 2017 04:36pm EDT 

June 28 (Reuters) - BB&T Corp ::BB&T Corp - ‍capital actions include a recommendation to increase quarterly dividend $0.03 to $0.33, a 10-percent increase​.Bb&T Corp - plan also incorporates other uses of capital including capital distributions of up to $1.88 billion in share repurchase transactions.  Full Article

BB&T Q1 adjusted earnings per share $0.74
Thursday, 20 Apr 2017 05:45am EDT 

April 20 (Reuters) - BB&T Corp :Q1 earnings per share $0.74 excluding items .BB&T reports strong first quarter earnings; driven by record quarterly revenues and expense control.Q1 revenue rose 9.1 percent to $2.8 billion.Qtrly taxable-equivalent revenues were $2.8 billion for Q1, up $52 million from Q4 of 2016.Qtrly average loans and leases held for investment were $142.0 billion compared to $142.3 billion for Q4 of 2016.Qtrly tier 1 risk-based capital was 12.0 percent versus 12.2 percent last year.Qtrly average deposits were $161.4 billion compared to $160.1 billion for prior quarter.Q1 earnings per share $0.46.During quarter, terminated $2.9 billion of higher-cost FHLB advances, resulting in a pre-tax loss on early extinguishment of $0.30 per diluted share.Q1 earnings per share view $0.73, revenue view $2.78 billion -- Thomson Reuters I/B/E/S.Q1 taxable equivalent net interest income $1,649 mln vs. $1,568 mln last year.Qtrly excluding purchased credit impaired loans, provision for credit losses was $146 mln vs $133 mln for prior quarter.  Full Article

BB&T reports Q1 revenue of $2.8 billion
Thursday, 20 Apr 2017 05:45am EDT 

April 20 (Reuters) - BB&T Corp :BB&T reports strong first quarter earnings; driven by record quarterly revenues and expense control.Q1 revenue rose 9.1 percent to $2.8 billion.Qtrly taxable-equivalent revenues were $2.8 billion for Q1, up $52 million from Q4 of 2016.Qtrly average loans and leases held for investment were $142.0 billion compared to $142.3 billion for Q4 of 2016.Qtrly tier 1 risk-based capital was 12.0 percent versus 12.2 percent last year.Qtrly average deposits were $161.4 billion compared to $160.1 billion for prior quarter.Q1 loss per share $0.74 excluding items.Q1 earnings per share $0.46.BB&T - During quarter, terminated $2.9 billion of higher-cost fhlb advances, resulting in a pre-tax loss on early extinguishment of $0.30 per diluted share.Q1 earnings per share view $0.73, revenue view $2.78 billion -- Thomson Reuters I/B/E/S.Q1 taxable equivalent net interest income $1,649 million versus. $1,568 million last year.BB&T Corp - Qtrly excluding purchased credit impaired loans, provision for credit losses was $146 million versus $133 million for prior quarter.  Full Article

BB&T Corp says issued and sold $1 bln aggregate principal amount of its 2.750 pct medium-term notes, Series E, due April 1, 2022
Tuesday, 21 Mar 2017 04:27pm EDT 

BB&T Corp : BB&T Corp says on March 21, 2017, issued and sold $1 billion aggregate principal amount of its 2.750 pct medium-term notes, Series E, due April 1, 2022 .BB&T Corp - also issued and sold $350 million aggregate principal amount of its floating rate medium-term notes, Series E, due April 1, 2022 - SEC filing.  Full Article

BRIEF-BB&T sees Q4 net interest income on taxable-equivalent basis to be stable compared with Q3

* BB&T corp sees Q4 net interest income on taxable-equivalent basis to be stable compared with Q3 - presentation slides‍​