BB&T Corp (BBT)

BBT (NYSE:Banking) EQUITY
$40.34
pos +0.07
+0.17%
Today's Range: 39.99 - 40.48 | BBT Avg Daily Volume: 3,756,200
Last Update: 08/03/15 - 3:59 PM EDT
Volume: 5,556,826
YTD Performance: 3.55%
Open: $40.31
Previous Close: $40.27
52 Week Range: $34.50 - $41.90
Oustanding Shares: 723,159,499
Market Cap: 29,367,507,254
6-Month Chart
TheStreet Ratings Grade for BBT
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 6 8 8 8
Moderate Buy 2 2 2 2
Hold 15 14 14 14
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.39 2.25 2.25 2.25
Latest Dividend: 0.27
Latest Dividend Yield: 2.66%
Dividend Ex-Date: 08/12/15
Price Earnings Ratio: 14.82
Price Earnings Comparisons:
BBT Sector Avg. S&P 500
14.82 14.70 25.63
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
5.17% 8.78% 28.37%
GROWTH 12 Mo 3 Yr CAGR
Revenue -5.00 -0.01 0.00
Net Income 28.70 0.67 0.18
EPS 25.80 0.51 0.15
Earnings for BBT:
EBITDA 3.92B
Revenue 9.93B
Average Earnings Estimates
Qtr (09/15) Qtr (12/15) FY (12/15) FY (12/16)
Average Estimate $0.67 $0.72 $2.72 $3.25
Number of Analysts 15 14 19 18
High Estimate $0.73 $0.76 $2.95 $3.45
Low Estimate $0.63 $0.69 $2.60 $2.96
Prior Year $0.71 $0.76 $2.87 $2.72
Growth Rate (Year over Year) -5.16% -4.89% -5.24% 19.53%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
We have both Draghi and Yellen speaking today.
Greece, economic data and earnings reports will keep things hopping.
I have received numerous emails asking me about bank stocks.
The nice and steady rise in regional bank stocks continue (banks have been the best-performing sector since mid-March when I added several to the Best Ideas List), with most stocks in the financial group making new short-term highs.
I added to my longs in Direxion Daily S&P500 Bear 3X ETF (SPXS) and Invesco California Value Municipal Income Trust (VCV).
I have pared down the following : Bank of America (BAC), BB&T (BBT),  Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC).
If so, the run in bank stocks may be in jeopardy.
I am going against the grain on this one and shorting MET at $57.40.

Banking on Regional Banks Real Money Pro($)

My package of regional bank stocks are broadly higher today, likely in response to the rise in interest rates over the last 48 hours. Money centers are also doing well. I am standing pat with my long list of 13 holdings in the expectation of a two- to three-year play to the upisde.

BB&T is A-OK in My Book Real Money Pro($)

BBT provides bank exposure to a relatively strong geography that's growing in excess of the overall U.S. growth rate. Second-quarter profits should rebound from a disappointing first-quarter report, with fee income rising, credit improving, good expense control and an improving loan picture. The bank's projected 2015 return on assets (1.18%) and return on tangible capital (14.6%) exceed most large regional banks' figures. BBT is among the more asset-sensitive banks, profiting from an imbalance of rate-sensitive assets over rate-sensitive liabilities. (The bank's most recent 10Q quantifies the benefit of higher interest rates.) BBT trades at 13x compared to its mid-2000s 15x to 16x multiple.  The shares have flatlined over the last year. BBT pays a $1.08-a-share dividend, which I see rising to close to $1.20 next year. Secular EPS growth is estimated at 10%. My 12-month price target is $45/share or +11% return.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.