A financial holding company that conducts its business operations through its subsidiary, Branch Banking & Trust Company. Its subsidiary provides a range of banking services to individuals & businesses, & offers loans to businesses & consumers.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
BB&T is a strong financial player among the banks. According to one opinion in a blog I read on Google- BB&T is in the top 1% of American banks The current yield according to Google Finance data before market open on 01/22/09 is 9.54%. I have not invested in banks in my real life portfolio because I am concerned about whether or not the banking industry stocks will continue to fall before they start to recover. After reading blogs, and analyst opinion- there is still differing thought on when a recovery will happen. I do not know enough about financial stocks to know what key fundamentals need to improve before banks will stop falling- but I am left with the opinion (mostly from what I watch in the media) that more needs to be done to strengthen the financial system. To me- it seems that if BB&T can maintain their yield- it may be attractive to buy on dips and let the dividends work to the investor advantage. One concern that I need to point out though is that BB&T set a new 52 week low only two days ago- so it would appear that it could fall more. But to balance things- BB&T was up yesterday- closing $1 higher than the day low and recovered significantly, (up 1.30) in premarket trading today. In only two days- BB&T has gone from a 52 week low of 18.43 to a high of 21 (if you consider premarket activity this morning).