BBT News and Press, Truist Financial From 02/07/19

Atossa Genetics (NASDAQ: ATOS ) +29%  on updating the status of the pre-menopausal, estrogen-receptor positive (ER+) breast cancer patient who received preoperative oral Endoxifen therapy under an FDA-approved “expanded access” program. More news on: Atossa Genetics, ...

SunTrust (NYSE: STI ) and BB&T Corp. (NYSE: BBT )  agree to combine in an all-stock merger of equals valued at ~$66B, which will create the sixth-largest U.S. bank based on assets and deposits. More news on: SunTrust Banks, Inc., BB&T Corporation, Financial stocks news, Merge...

ATLANTA and WINSTON-SALEM, N.C. , Feb. 7, 2019 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) and BB&T Corporation (NYSE: BBT) announced today that both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals...

Over the past 6 years, I have developed my K.I.S.S. system for investing in dividend growth stocks. The KISS system is a screen that I use each month to identify undervalued dividend growth stocks that I might consider adding to my portfolio. I post my portfolio update each quarter to show all...

“Ground and pound” may be effective, even necessary, as a strategy, but it’s not a lot of fun to watch, and I believe the sluggish near-term results (and expectations) for South State Bank ( SSB ) continue to explain this bank’s relative underperformance to broade...

Investment Thesis As 2018 came to a close there was a sinking feeling associated with the market and it appeared to be the first time that investors began to approach the market cautiously because of the increased potential of a prolonged downturn. On the other hand, this created a wonderful...

This isn’t a great point in the banking cycle, as rate hike benefits are tapering off, the economy seems to be slowing, and credit costs are likely to increase substantially from here. That said, if you are still interested and willing to invest in banks, I think Florida’s Cente...

Both SunTrust ( STI ) and BB&T Corp. ( BBT ) seem to have a lot working for them going into 2019, including improving cost leverage from digital investments, stronger-than-average loan growth in relatively attractive regional markets, and strong deposit franchises anchored by long-te...

I can’t say that I’m all that surprised that First Horizon ’s ( FHN ) last two quarters have come in below expectations, leading the shares to underperform its regional bank peers by around 5% on average (including underperforming the likes of Bank of America ( BAC ), ...

In what has been an “okay, but not great” quarter for bank earnings report, small-cap metro D.C. bank Sandy Spring Bancorp ( SASR ) definitely skewed toward the “not great” part, sending the stock down about 10% at the worst point post-earnings. The reaction might h...