Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  BB&T Corporation    BBT

BB&T CORPORATION

(BBT)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

BB&T : Expects Net Interest Margin to Decline in 2Q

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/18/2019 | 07:38am EDT

By Allison Prang

BB&T Corp. (BBT) expects its net interest margin to decline in the current quarter compared with the first quarter of this year.

The bank holding company said it expects its net interest margin on a GAAP and core basis to fall between four and six basis points. In the first quarter, the company reported a taxable-equivalent net interest margin of 3.51%, up from 3.44% a year earlier and 3.49% in the fourth quarter.

BB&T said it expects noninterest income to increase between 5% and 7% compared with the second quarter a year prior. It expects second-quarter expenses to be between flat to up 2% year over year. In the first quarter, BB&T -- which is planning to merge with SunTrust Banks -- had recorded $80 million in costs related to M&A and restructuring.

BB&T expects average total loans held for investment to grow between 4% and 6% on an annualized basis compared with the first quarter of this year. BB&T expects net charge-offs to be in the range of 35 to 45 basis points.

Write to Allison Prang at allison.prang@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
BB&T CORPORATION -1.80% 48.11 Delayed Quote.13.09%
SUNTRUST BANKS -1.73% 62.03 Delayed Quote.25.14%
This article is part of a news chaine.
Article 2 / 2
<< Preceding Next >>
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BB&T CORPORATION
05/14BB&T CORPORATION : Ex-dividend day for
FA
05/13BB&T SCOTT & STRINGFELLOW : Promotes Anthony Mazzo to Managing Director
PR
05/08Bridges Investment Management Inc. Has $632,000 Position in Alaska Air Group,..
AQ
05/07BB&T CORPORATION : CFO to present at Barclays Americas Select Franchise Conferen..
PR
04/30BB&T CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
04/30BB&T : Quarterly report which provides a continuing view of a company's financia..
PU
04/30BB&T : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS O..
AQ
04/26BB&T : Filing of certain prospectuses and communications in connection with busi..
PU
04/25BB&T : SunTrust and BB&T CEOs Discuss Merger of Equals
PR
04/23BB&T : 13F Holdings Report Initial Filing
PU
More news
Financials ($)
Sales 2019 11 930 M
EBIT 2019 4 781 M
Net income 2019 2 815 M
Debt 2019 -
Yield 2019 3,53%
P/E ratio 2019 12,18
P/E ratio 2020 11,43
Capi. / Sales 2019 3,09x
Capi. / Sales 2020 1,66x
Capitalization 36 848 M
Chart BB&T CORPORATION
Duration : Period :
BB&T Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BB&T CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 55,5 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Kelly S. King Chairman, President & Chief Executive Officer
Christopher L. Henson President & Chief Operating Officer
Daryl N. Bible Chief Financial Officer & Senior Executive VP
Barbara F. Duck Chief Information Officer & Senior Vice President
Anna R. Cablik Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BB&T CORPORATION13.09%36 848
JP MORGAN CHASE & COMPANY13.52%359 497
INDUSTRIAL AND COMMERCIAL BANK OF CHINA6.81%282 368
BANK OF AMERICA15.63%270 889
CHINA CONSTRUCTION BANK CORPORATION9.58%217 331
WELLS FARGO0.04%207 189