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BB&T Corp (BBT.N)

BBT.N on New York Stock Exchange

52.26USD
20 Jun 2018
Change (% chg)

$0.03 (+0.06%)
Prev Close
$52.23
Open
$52.50
Day's High
$52.65
Day's Low
$52.24
Volume
84,573
Avg. Vol
1,144,123
52-wk High
$56.29
52-wk Low
$43.00

Latest Key Developments (Source: Significant Developments)

BB&T Insurance Holdings To Acquire Regions Insurance Group
Friday, 6 Apr 2018 09:00am EDT 

April 6 (Reuters) - BB&T Corp ::BB&T INSURANCE HOLDINGS TO ACQUIRE REGIONS INSURANCE GROUP.‍CAPITAL USED IN DEAL WILL IMPACT BB&T'S 2018 COMPREHENSIVE CAPITAL ANALYSIS AND REVIEW​.  Full Article

Regions Financial Agrees To Sell Insurance Business To BB&T Insurance Holdings
Friday, 6 Apr 2018 09:00am EDT 

April 6 (Reuters) - Regions Financial Corp ::REGIONS FINANCIAL AGREES TO SELL INSURANCE BUSINESS TO BB&T INSURANCE HOLDINGS.FINANCIAL DETAILS RELATED TO TRANSACTION WERE NOT DISCLOSED.TO SELL ITS REGIONS INSURANCE GROUP INC SUBSIDIARY TO BB&T INSURANCE HOLDINGS.CAPITAL GENERATED FROM DEAL AT TIME OF CLOSING EXPECTED TO BE USED TO REPURCHASE SHARES OF COMMON STOCK.  Full Article

BB&T Names Corts, Willett To New Leadership Roles
Thursday, 15 Mar 2018 08:01am EDT 

March 15 (Reuters) - BB&T Corp ::BB&T NAMES CORTS, WILLETT TO NEW LEADERSHIP ROLES.BB&T CORP - ‍CHRISTIAN CORTS HAS BEEN NAMED PRESIDENT FOR ITS TENNESSEE REGION​.  Full Article

BB&T Corp Quarterly Common Dividend Will Increase 13.6 Percent
Thursday, 22 Feb 2018 05:43pm EST 

Feb 22 (Reuters) - Bb&T Corp ::BB&T CORP - QUARTERLY COMMON DIVIDEND WILL INCREASE 13.6 PERCENT.BB&T CORP - ‍WILL PAY ADDITIONAL ONE-TIME DIVIDEND OF $0.045 PER COMMON SHARE, PAYABLE MARCH 20, 2018​.BB&T CORP - INCREASING ITS REGULAR QUARTERLY COMMON STOCK DIVIDEND BY $0.045 TO $0.375 PER COMMON SHARE.BB&T - ‍BOARD PLANS TO REQUEST MORE CAPITAL ACTIONS, INCREASE IN DIVIDEND, IN CONNECTION WITH 2018 COMPREHENSIVE CAPITAL ANALYSIS & REVIEW FILING​.  Full Article

Rosenthal Acquires Domestic Factoring Portfolio From BB&T
Wednesday, 31 Jan 2018 12:00am EST 

Jan 31 (Reuters) - Rosenthal & Rosenthal, Inc ::ROSENTHAL ACQUIRES DOMESTIC FACTORING PORTFOLIO FROM BB&T (NYSE: BBT).ROSENTHAL & ROSENTHAL, INC - ANNOUNCED COMPLETION OF DEAL TO ACQUIRE DOMESTIC FACTORING PORTFOLIO OF BB&T CORPORATION​.  Full Article

BB&T Corp CEO Says He Is Likely To Suggest Dividend Increase To Board - CNBC ‍​
Friday, 22 Dec 2017 03:31pm EST 

Dec 22 (Reuters) - Bb&T Corp ::BB&T CORP CEO SAYS HE IS LIKELY TO SUGGEST DIVIDEND INCREASE TO BOARD - CNBC ‍​.  Full Article

BB&T Raises Minimum Hourly Pay Rate, Provides One-Time Bonus
Friday, 22 Dec 2017 01:04pm EST 

Dec 22 (Reuters) - BB&T Corp ::BB&T INVESTS $152 MILLION OF TAX REFORM BENEFITS INTO ASSOCIATES AND COMMUNITIES.RAISING BB&T'S MINIMUM HOURLY PAY RATE FROM $12 TO $15 PER HOUR, EFFECTIVE JAN. 1, 2018.CO TO PROVIDE A SPECIAL, ONE-TIME $1,200 BONUS TO BE PAID IN JANUARY 2018, FOR ALMOST THREE-FOURTHS OF ITS ASSOCIATES.PAY INCREASE & BONUSES DO NOT APPLY TO SENIOR LEADERS OR EXECUTIVE MANAGEMENT TEAM.  Full Article

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

BRIEF-BB&T Corp Sees Loan Growth To Improve Going Forward

* BB&T CORP - "WE DO EXPECT LOAN GROWTH TO IMPROVE AS WE GO FORWARD" - CONF CALL