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  
Delayed Quote. Delayed Nyse - 08/19 06:30:00 pm
46.96 USD   +0.88%
08/13BB&T CORPORATION : Ex-dividend day for
FA
07/30BB&T : SunTrust Shareholders Approve Merger
DJ
07/30BB&T : SunTrust Shareholders Approve Merger with BB&T to Form Truist
PR
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 0.88% 46.96 Delayed Quote.8.40%
SUNTRUST BANKS 1.12% 61.36 Delayed Quote.21.65%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BB&T CORPORATION
08/13BB&T CORPORATION : Ex-dividend day for
FA
08/01BB&T CORP : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
07/31BB&T : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS O..
AQ
07/30BB&T CORP : Submission of Matters to a Vote of Security Holders, Other Events, F..
AQ
07/30BB&T : SunTrust Shareholders Approve Merger
DJ
07/30BB&T : SunTrust Shareholders Approve Merger with BB&T to Form Truist
PR
07/29BB&T CORP : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Oth..
AQ
07/27BB&T : Supports & Funds Combat Female Veterans Families United's Cloth Closet Pr..
AQ
07/27BB&T : Supports & Funds Combat Female Veterans Families United's Emergency Suppl..
AQ
07/27BB&T : Partners with Combat Female Veterans Families United's Deployed Combat Fe..
AQ
More news
Financials (USD)
Sales 2019 12 288 M
EBIT 2019 5 184 M
Net income 2019 3 066 M
Debt 2019 -
Yield 2019 3,62%
P/E ratio 2019 11,8x
P/E ratio 2020 11,6x
Capi. / Sales2019 2,93x
Capi. / Sales2020 1,66x
Capitalization 35 972 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
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 54,14  $
Last Close Price 46,96  $
Spread / Highest target 27,8%
Spread / Average Target 15,3%
Spread / Lowest Target -17,0%
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 CORPORATION8.40%35 972
JP MORGAN CHASE & COMPANY11.34%344 382
INDUSTRIAL AND COMMERCIAL BANK OF CHINA3.97%265 455
BANK OF AMERICA10.67%251 603
WELLS FARGO & COMPANY-1.80%195 587
CHINA CONSTRUCTION BANK CORPORATION11.30%185 314