BB&T Corporation (NY: BBT)
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 22, 2014  /  Add to My Watchlist      
(BBT) Community Analysis from
April 23, 2014
(Stock Blog Hub, 4/2/13)
In a shocking development, the Federal Reserve has rejected the capital plan of BB&T Corporation (BBT) in spite of the latter’s Stress Test clearance. Neither the company nor...(read more)
(Stock Blog Hub, 12/31/12)
We are maintaining our ‘Neutral’ recommendation on BB&T Corporation (BBT) based on its sound organic growth strategy and stable net interest margin (NIM). However, elevated operating expenses,...(read more)
BB&T (BBT) is one of the country's largest regional banks, with about $175 billion in assets. Its long term CEO, John Allison, ushered in a period of large asset growth during his tenure, and also...(read more)
BB&T (BBT) Company Overview

BB&T Corporation (NYSE: BBT) is a bank holding company with operations in 11 Southern states and Washington D.C. [1]. The company has $136.5 billion in assets under management, making it the 14th largest bank in the U.S.[2] The bank mainly serves consumers and small, regional businesses. In the midst of the 2008 financial crisis, BB&T posted a 3rd quarter net income of $358M, a 19% decline from the previous year.[3] Thus, while it has fared better than many other banks, BB&T has not escaped the effects of the credit crunch. It has suffered $364M in credit-related losses, and 9% of its gross loan portfolio was given to homebuilders, many of whom could not repay BB&T.[4] In addition, BB&T faces deteriorating economic conditions in many Southern states, which curtail consumers' and businesses' willingness to take out loans with higher interest rates. These factors drag down the company's ability to maintain a high net interest margin, and therefore its profitability. However, in comparison to many other banks, BB&T has managed to retain a healthy margin at 3.7%.[3]

(Read more at Wikinvest )

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