BBT News and Press, Truist Financial From 04/24/19

Despite the significant long-term potential benefits of BB&T ’s ( BBT ) merger of equals with SunTrust ( STI ), the market is still generally against M&A in the banking sector, and BB&T shares have lagged regional bank indices a bit since the deal announcement (about 300b...

BB&T Corporation (BBT) Q1 2019 Results Earnings Conference Call April 18, 2019, 08:00 AM ET Company Participants Richard Baytosh - Senior Vice President, Assistant Director, Investor Relations Kelly King - Chairman & CEO Daryl Bible - Senior EVP & CFO Christopher He...

WINSTON-SALEM, N.C. , April 18, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced the Board of Governors of the Federal Reserve System has terminated its Cease and Desist Order with BB&T Corporation related to BB&T's anti-money laundering (AML) program. No...

BB&T (NYSE: BBT )  gains 1.1%  in premarket trading after Q1 adjusted EPS of $1.05 beat the average analyst estimate of $1.03; compares with 97 cents in the year-ago quarter. More news on: BB&T Corporation, Financial stocks news, Earnings news and commentary, Read m...

The following slide deck was published by BB&T Corporation in conjunction with their 2019 Q1 earnings Read more ...

BB&T (NYSE: BBT ): Q1 Non-GAAP EPS of $1.05 beats by $0.02 ; GAAP EPS of $0.97. More news on: BB&T Corporation, Earnings news and commentary, Financial stocks news, Read more ...

WINSTON-SALEM, N.C. , April 18, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported earnings for the first quarter of 2019. Net income available to common shareholders was $749 million . Earnings per diluted common share were $0.97 for the first quarter of 2019, equal ...

Banking and finance ( XLF ) comprises some strange business. In some ways they are the opposite of biotech ( IBB ), on which I comment from time to time. In biotech, a powerhouse such as Amgen ( AMGN ) works for 10-20 years to develop a product, which may never be commercialized. If it does re...

A SunTrust Banks ( STI +1.3% ) is suing to block SunTrust's $66B merger with BB&T ( BBT +1.5% ), saying the bank hasn't disclosed enough information for shareholders "to make a fully informed decision" on the proposed deal. More news on: SunTrust Banks, Inc., BB&T Corporation...

Speculating on M&A is a tried and true way of passing the time between major news releases, and it’s overwhelmingly just a theoretical exercise, as the number of potential deals always dwarfs the number of deals done. That said, a recent turn toward mergers of equals in the banking ...