BBT News and Press, Truist Financial From 10/10/19

SunTrust (STI) had an ok Q2 2019, but the big news is the ongoing merger with BB&T (BBT), which will bring significant cost savings and potential synergies to new the bank, Truist. Along with the merger, SunTrust has continued its ongoing trend of tremendous dividend growth over the last n...

Just how healthy are American banks? Chris Whalen, chairman of Whalen Global Advisors, has answered that question for Real Vision. In a wide-ranging interview, Whalen said banks must focus on commercial lending, as that is their most profitable category. However, as banks get bigger, ...

Shares of merger partners BB&T (NYSE: BBT) and SunTrust Banks (NYSE: STI) gained 12% and 11.9% in September, respectively, according to data provided by S&P Global Market Intelligence . The banks were helped by a positive turn in economic data that helped ease investor fears abo...

Jefferies upgrades BB&T ( BBT -1.2% ) and SunTrust ( STI -1.1% ), which plan to merge under the Truist Financial name, to buy from hold. More news on: BB&T Corporation, SunTrust Banks, Inc., Regions Financial Corporation, Financial stocks news, Read more ...

Long-Term Investments Nearly all of my writings are centered on trading and speculating. I often refer to long-term investment in passing when a name I am talking about also happens to be a good stock for the long term. Only rarely do I highlight stocks that are first and foremost a long-t...

As worries over slowing economic growth increase, so do expectations that the Fed will cut rates when the Federal Open Market Committee meets at the end of the month. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stocks ...

WINSTON-SALEM, N.C. , Sept. 24, 2019 /PRNewswire/ --  BB&T Corporation  (NYSE: BBT) announced today that it will report third-quarter 2019 financial results on Thursday, Oct. 17, 2019 . Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer Daryl ...

With the needle once again moving to risk-off and Treasury yields slipping, financial stocks take a hit. More news on: Financial Select Sector SPDR ETF, The Goldman Sachs Group, Inc., Citigroup Inc., Financial stocks news, Stocks on the move, News on ETFs, Read more ...

In the last article I published, The Retiree's Dividend Portfolio - Jane's August Update: Price Targets , it was suggested that I include a snapshot that looks at the accounts of my client's John and Jane as a whole because this would help create clarity regarding the three articles I publi...

As a dividend growth investor, nothing could be worse than seeing a reduction of monthly income when comparing to the same month from the prior year. Between the Traditional and Roth IRAs, the total amount of income for July 2019 was reduced by $295.28 when compared with July 2018. In the wo...