Latest BB&T Corp. News and Updates
US Banking Sector: Key Trends and Outlook
Changes in technology have reshaped the banking sector. Banks are increasingly collaborating with fintech firms to improve their customer service.
First Horizon Reported Mixed Results in 3Q15
First Horizon National has a market cap of $3.23 billion. After the earnings report in 3Q15, it fell by 1.2% to close at $13.80 per share as of October 16, 2015.
How Does First Horizon National Compare to Its Peers?
First Horizon outperformed its peers based on the forward PE ratio and PBV ratio. The ETFs outperformed First Horizon based on the price movement.
Analyzing BB&T Corporation’s 6 Operating Segments
BB&T Corporation’s (BBT) operations are divided into six business segments. Community Banking contributes 46% to the total revenue.
Markets Give a Thumbs Up to ‘True Merger of Equals’
Today, Sun Trust Banks and BB&T announced a merger that would create the sixth largest bank in the United States.
Three Black Crows And Three White Soldiers Candlestick Pattern
The Three White Soldiers candlestick pattern is also a reversal pattern. It forms at the bottom of a downtrend. The pattern has three candles. All three of the candles are long and bullish.
BB&T and SunTrust Get Regulatory Nod to Merge
BB&T Corporation (BBT) and SunTrust Banks (STI) announced on November 19 that they’d received the necessary regulatory nod for their merger.
The Dodd-Frank Act Has Suffocated Mortgages
Some elements of the Dodd-Frank Act may inhibit many potential homebuyers from obtaining mortgages for desired properties.
Midsize Banks Need a Breather from Excessive Regulations
Banks have seen compliance costs rise since the Dodd-Frank Act regulations took effect. For small banks, it’s been harder to absorb these costs.
How Has Huntington Bancshares Performed?
Huntington’s peers have outperformed the company based on EPS. However, Huntington Bancshares is way ahead of its peers based on forward PE and PBV.
How Did Comerica Perform Compared to Its Peers?
The peers outperformed Comerica based on the PBV ratio. However, Comerica is way ahead of its peers based on the forward PE ratio.
Banks Set to Profit from Steepening Yield Curve
The yield curve has steepened a bit compared to where it was a week or even a month ago. Investors should consider the yield curve slope an indicator of bank performance.
Interest Rates : A Key Indicator for the Banking Sector
When interest rates rise, banks typically increase the interest they charge for loans faster than what they pay on deposits. This gives an immediate boost to their margins.
Why Does a Flattened Yield Curve Hurt Banks?
Banks benefit from a steeper yield curve, which allows banks to lend on higher long-term rates and borrow on lower short-term rates. This boosts banks’ margins.
Interest Rates Change: A Key Indicator for the Banking Sector
Lower interest rates on a sustained basis have negatively impacted the performance of the US banking sector. Banks are not able to use much deposit pricing strategies to boost margins.
Revenue Diversification: A Key Priority for Regions Financial
During 1Q15, Regions Financial (RF) repurchased $102 million of common stock—completing its $350 million 2014 repurchase program.
Why PNC Financial Has Been Pricing at a Premium
PNC Financial (PNC) successfully diversified its banking operations by extending offerings in asset management, consumer services, and investment banking.
BB&T’s Relative Valuation Is close to the Industry Average
BB&T’s loan and deposit growth is marginally below the industry average. Its ROE and price-to-book ratio are close to the peer average.
Why BB&T Has Low Funding Costs Compared to Its Peers
Deposits are the cheapest funding source. Since deposits fund a major chunk of BB&T’s assets, the overall funding costs are low.
SunTrust: A Leading Bank in the Southeast
SunTrust provides a broad range of consumer and wholesale banking, mortgage banking, and private wealth management services.
Is SunTrust Bank’s Stock Undervalued?
SunTrust Bank’s return on equity is 8%, which is 18% lower than the industry average.
Why SunTrust Has Lower Net Interest Margins
SunTrust Bank’s net interest income in 2014 remained stable compared to 2013 as strong loan growth offset the decline in net interest margin.
Commercial Loans Drive SunTrust’s Wholesale Banking Growth
The Wholesale Banking segment’s net interest income increased in 2014 compared to 2013.
SunTrust Bank Has a Lower Dividend Yield
SunTrust Bank (STI) paid common dividends totaling $371 million or $0.70 per share in 2014.
BB&T Offers a Higher Dividend Yield Compared to Its Peers
Dividend yield is a company’s annual dividend per share. It’s expressed as a percentage of its share price. Dividend yields are important if you want a regular stream of income.
BB&T to Expand Its Footprint in Ohio and the Mid-Atlantic Region
BB&T’s Susquehanna acquisition will significantly expand BB&T’s Mid-Atlantic footprint. The deal is valued at ~$2.5 billion. It will close in the second half of 2015.
Why BB&T’s Insurance Services Revenue Is Diversified
BB&T’s (BBT) Insurance Services segment has diversified revenue between retail and wholesale markets as well as by insurance product types.
BB&T Focuses on Expanding Corporate Banking Services
BB&T is focused on expanding its corporate banking services. It’s adding new industry verticals for lending and investment banking services.
BB&T’s Community Banking Is Impacted by Low Interest Rates
BB&T’s Community Banking segment offers a variety of loan and deposit products and other financial services. The segment’s net interest income decreased in 2014.
BB&T Corporation Is a Leading Bank in the Southeast Region
BB&T Corporation (BBT) is a financial holding company. It conducts its operations primarily through its bank subsidiary—Branch Bank.
Regions Financial has low earnings and dividend growth
Earnings are growing, but at a slow pace. Regions Financial’s (RF) net income increased by 1% in 2014—compared to 2013.
Why inorganic growth works for Regions Financial
A substantial portion of Regions Financial’s growth has been through the acquisition of other financial institutions. The bank was formed in 1971.
What investors should know about Regions Financial Corporation
Regions Financial Corporation is a leading regional bank in the southeastern US. It’s the 17th largest bank in the US—based on assets.