Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $39.33 USD
Change Today +0.24 / 0.61%
Volume 2.0M
BBT On Other Exchanges
Symbol
Exchange
Berlin
As of 1:11 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

bb&t corp (BBT) Snapshot

Open
$38.92
Previous Close
$39.09
Day High
$39.43
Day Low
$38.89
52 Week High
07/3/14 - $40.21
52 Week Low
10/16/14 - $34.50
Market Cap
28.4B
Average Volume 10 Days
4.2M
EPS TTM
$2.81
Shares Outstanding
723.2M
EX-Date
05/13/15
P/E TM
14.0x
Dividend
$1.08
Dividend Yield
2.44%
Current Stock Chart for BB&T CORP (BBT)

bb&t corp (BBT) Details

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage services, mobile/online banking, payment solutions, sales finance, small business lending, and wealth management/private banking services to retail customers. In addition, it offers commercial services, such as asset management, association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, payment, private equity investments, real estate lending, supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of February 2, 2015, it operated approximately 1,839 financial centers in 12 states and Washington, D.C. BB&T Corporation was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

33,400 Employees
Last Reported Date: 02/25/15
Founded in 1872

bb&t corp (BBT) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $560.0K
Chief Operating Officer
Total Annual Compensation: $665.0K
Senior Executive Vice President, President of...
Total Annual Compensation: $665.0K
Chief Risk Officer and Senior Executive Vice ...
Total Annual Compensation: $560.0K
Compensation as of Fiscal Year 2014.

bb&t corp (BBT) Key Developments

BB&T Corporation Announces Dividend on Common Stock and Preferred Stock, Payable on June 1, 2015

The board of directors of BB&T Corporation declared a quarterly common stock dividend increase of $0.03 to $0.27 per share payable June 1, 2015, to shareholders of record at the close of business May 15, 2015. The board also declared the regular quarterly preferred dividends of $365.625 per share (equivalent to $0.365625 per depositary share or 1/1,000th interest per share) on BB&T's Series D Non-Cumulative Perpetual Preferred Stock; A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T's Series E Non-Cumulative Perpetual Preferred Stock; A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series F Non-Cumulative Perpetual Preferred Stock; and A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series G Non-Cumulative Perpetual Preferred Stock. The dividends payable June 1, 2015, to shareholders of record at the close of business May 15, 2015.

BB&T Corporation Reports Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

BB&T Corporation reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income available to common shareholders of $488 million, compared to $496 million earned in the first quarter of 2014. Earnings per diluted common share totaled $0.67 for the quarter, compared to $0.68 for the first quarter of last year. Net income available to common shareholders was affected by $13 million in pre-tax merger-related charges, or $0.01 per diluted share. Revenues for the first quarter were $2.3 billion, up $34 million from the first quarter of 2014. These results were driven by continued strength in fee-based businesses, with insurance achieving a record quarter. Excluding residential mortgage loans, average loans grew 5.4% compared to last quarter, and credit metrics improved across the board. Adjusted diluted EPS was $0.68 per share. ROA was 1.18% and ROE was 9.05%. For the second quarter of 2015, the company expects GAAP margin to decline to 6 to 8 basis points, driven by lower interest rate and runoff of acquired assets. Core margin will likely be down a couple of basis points mainly due to lower yield on loans and increased competition. The company expects net interest income to be flat in the second quarter of 2015. The company expects effective tax rate should remain at a very similar level from first quarter of 2015 with 30.6%. The company expects to achieve positive operating leverage in the second quarter.

BB&T Seeks Acquisitions

BB&T Corporation (NYSE:BBT) is seeking acquisitions. Kelly King, BB&T Corporation's Chairman & Chief Executive Officer, said "We are fairly positive that some of those acquisition opportunities will come to fruition."

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BBT:US $39.33 USD +0.24

BBT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Franklin Resources Inc $52.38 USD -0.03
Northern Trust Corp $74.99 USD +0.44
State Street Corp $78.88 USD +0.14
SunTrust Banks Inc $42.79 USD +0.34
Charles Schwab Corp/The $31.50 USD +0.12
View Industry Companies
 

Industry Analysis

BBT

Industry Average

Valuation BBT Industry Range
Price/Earnings 14.1x
Price/Sales 3.1x
Price/Book 1.3x
Price/Cash Flow 13.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BB&T CORP, please visit www.bbt.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.