BB&T Corp. (BBT)

NYSE : Finance
Prev Close 51.03
Day Low/High 50.46 / 51.17
52 Wk Low/High 40.68 / 53.08
Avg Volume 4.28M
Exchange NYSE
Shares Outstanding 765.98M
Market Cap 39.08B
EPS 4.00
P/E Ratio 12.95
Div & Yield 1.62 (3.26%)

Shrinking My Regional-Bank Holdings

As part of my cleanup process, I plan to eliminate these regional-bank longs on the sector's recent strength: Enterprise Financial Services (EFSC), which is +10% this week MB Financial (MBFI), which up 5% this week BB&T Corp. (BBT), which is +4% so ...

Aiming to Reduce 4 Small-Bank Stocks

I'm offering to partly sell (at slightly above the market price) four regional-bank stocks that aren't on my Best Ideas list now -- BB&T (BBT), Enterprise Financial Services (EFSC), MB Financial (MBFI) and Regions Financial (RF). I updated my views ...

BB&T, Regions Financial and BankUnited Are Best Banks to Buy

BB&T, Regions Financial and BankUnited Are Best Banks to Buy

BB&T’s (BBT) stock may be trailing the overall banking sector this year, but the North-Carolina-based lender continues to grow by leaps, bounds and acquisitions.

BB&T's Results Look A-OK to Me

Regional bank BB&T Corp. (BBT) recently reported $0.64 a share in third-quarter earnings amid a lot of noise, but recurring earnings came in at $0.71 a share -- about $0.04 above consensus. Nonperforming assets rose by 2% -- but only because of the ...

Today's Game Plan

I will be mostly updating my thoughts about specific companies today -- Berkshire Hathaway (BRK.A, BRK.B), IBM (IBM), Fifth Third Bancorp (FITB), BB&T Corp. (BBT), Regions Financial (RF), Harley-Davidson (HOG) and a few others.

Recommended Reading on BB&T

BB&T (BBT), part of my regional bank package, was highlighted in an upbeat article in Barron's over the weekend. The piece is "Boring is Beautiful at BB&T."

Covered Calls Saintly During Market Tumult Says Snowden Lane’s Clinton

Covered Calls Saintly During Market Tumult Says Snowden Lane’s Clinton

The VIX, or the so-called fear index, spiked above 40 in August, yet it has since fallen to 23 as the market’s turbulence has subsided.

Pullback for Financials: Time to Jump In

Pullback for Financials: Time to Jump In

Fed rate hike would be a boon for banks, and here are some good ones.

Going Longer in 2 Stocks

I'm adding to Hartford Financial Services Group (HIG) and Bank of America (BAC) this morning. Also, Keefe Bruyette has upgraded BB&T (BBT) this morning.

BB&T upgraded at Baird

BB&T upgraded at BMO

Market Wrap: Stocks Tick Lower in Quiet Session

Materials, technology and consumer staples names led the way lower.

Day Ahead: Central Bankers Galore

We have both Draghi and Yellen speaking today.

The Week Ahead: It Might Get Loud

Greece, economic data and earnings reports will keep things hopping.

Goldman Sachs Outlines Four Banks to Buy Before Quarterly Results

Goldman Sachs Outlines Four Banks to Buy Before Quarterly Results

Goldman Sachs (GS) has identified three banks it says are Buys ahead of quarterly earnings next week and a fourth it's above consensus on, according to a recent note.

U.S. Stocks Open Lower as Stocks Nosedive in Asian Markets

U.S. Stocks Open Lower as Stocks Nosedive in Asian Markets

U.S. stocks opened lower, following the lead of Asian stocks markets which plummeted in Wednesday trade.

Waiting for a Correction in Bank Stocks

I have received numerous emails asking me about bank stocks. I own a dozen different banks, and five or six are on my Best Ideas List. However, in light of the strong absolute and rapid relative rise since March 2015, coupled with my expectation of ...

Regional Banks Continue to Shine

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 have taken som...

Today's Additions and Subtractions

I added to my longs in Direxion Daily S&P500 Bear 3X ETF (SPXS) and Invesco California Value Municipal Income Trust (VCV). I sold a portion of the following longs: Bank of America (BAC), BB&T (BBT), Citigroup (C), JPMorgan Chase (JPM) and Wells Farg...

Reducing 5 Bank Stock Positions

I have pared down the following : Bank of America (BAC), BB&T (BBT),  Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC).

Is the Yield Curve Steepening Over?

If so, the run in bank stocks may be in jeopardy. The chart between the five-year U.S. note and 30-year U.S. bond steadily has increased over the last few months to 1.48%. A Fed rate hike, as suggested by myself in the past and by Peter Boockvar thi...

Trade of the Week: Shorting MetLife

I am going against the grain on this one and shorting MET at $57.40.  * MetLife, like many financials -- especially of the money center bank kind -- that are asset-sensitive have done famously over the past few months in the market. Specifically, ov...

Banking on Regional Banks

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- ...

BB&T is A-OK in My Book

I wanted to continue to update my regional-bank portfolio. Next up is BB&T Corp. (BBT). Based in North Carolina, BB&T is a large bank ($190 billion in assets) with a footprint in 13 Southern and Mid-Atlantic states. Unlike some of my other regional-...

Maverick's Re-Re-Engaging

I have just added to the following bank longs: BAC, JPM, C, MBFI, EFSC, STL, MSL, SONA, FITB, FMER, RF, WFC and BBT.

Fed Is Getting Annoyed With Banks

They keep giving out low-cost commercial and industrial loans.

Consumer Spending Flat, Saving Grows

Consumer Spending Flat, Saving Grows

This is in spite of income problems reflected in reports.

BB&T downgraded at Compass Point

Today's Trades

I have added to my BB&T (BBT), Radian (RDN), General Motors (GM) and Ford (F) longs. I have also added to my SPDR S&P 500 ETF (SPY), Caterpillar (CAT) and Facebook (FB) shorts.

A Few Random Observations

I am constantly surprised, at least over the last four quarters, how investors and the media initially respond euphorically to Caterpillar's earnings. I am staying short as the second-half outlook has deteriorated further based on recent dealer stat...