Comments for BBT - Stockpickr! Your Source for Stock Ideas

Comments for BBT

Added By	Comments	Type	Date Added
barrons3	People here should heed the stampeding footsteps rather than citing light volume, or the bad report from BB&T (BBT) or the lagging of Apple (AAPL) ahead of the quarter. Many of the bears here were calling for a strong dollar, which would kill this rally. Now the rallying cry is "Higher rates needed"?	Love	October 22, 2009
KYHIghlander	It's the bank I use and I know how thourough they screen you before they loan you any money.	Love	September 17, 2009
Coble	Regional Bank Growth potential	Love	September 03, 2009
barrons3	China's spoken: "America: Sell off." So we will. The big steel and coal companies that are levered to China and the small biotech companies and restaurant chains that have no China exposure at all. The fertilizer companies like Potash (POT) and the regional banks like BB&T (BBT).	Love	September 03, 2009
barrons3	I am sitting here right now trying to figure out how much Express Scripts (ESRX) should be down off of China. Or Ford (F). Or Citigroup (C). Or BB&T (BBT). Frankly, it's a tough one -- I am guessing 20% because prevailing wisdom now says 20%.	Love	August 20, 2009
john forbes	bbthas performed well over the years	Love	August 02, 2009
theartist	goes nowhere	Hate	July 31, 2009
John Arnold	Solid Bank	Love	July 24, 2009
timzi	good company	Love	July 22, 2009
barrons3	Remember that many of them had broken down to the levels where their secondaries had been put on or below them, with BB&T (BBT) and Wells Fargo (WFC) hanging by a thread and PNC (PNC) really breaking down. Not only that, we had Capital One (COF) getting crushed.	Love	July 16, 2009
bebeamericanu	financial	Love	July 04, 2009
Stockpickr Staff	BB&T (BBT) was another winner after shares were upgraded at Keefe Bruyette & Woods to market perform from underperform after the bank's capital raise and dividend cut. <a href="http://www.thestreet.com/story/10508991/1/financial-winners-and-losers-jpmorgan.html" target="_blank">Read more here.</a>	Love	June 03, 2009
barrons3	Second on the list was BB&T (BBT), a bank that raised capital even when it didn't need to, and is now ready for serious acquisitions of smaller, failed banks.	Love	May 21, 2009
barrons3	Anxious to pay back uncle sam the $3.1 billion it got under the Troubled Asset Relief Program, BB&T last Monday slashed its dividend by 68%. That broke a 37-year string of consecutive payout enrichments. BB&T (BBT) is one of nine big banks to pass the Treasury's stress test and therefore was deemed not to need more capital (10 other big banks must raise a combined $75 billion). Wednesday, it applied to get out of TARP. BB&T, North Carolina's No. 1 bank, based on deposits, will pay a quarterly common disbursement of 15 cents a share, down from 47 cents. In addition, it has launched a $1.5 billion stock offering; a handful of other large lenders have also made offerings to help them exit TARP. "We have a long and proud history of paying dividends [since 1903] and understand how important the dividend is to our shareholders," declared CEO Kelly S. King. He added that the decision marked "the worst day in my 37-year career." But King said "we firmly believe this action is in the long-term best interests of our shareholders and our company because of the risk and uncertainty associated with being a TARP participant." He also said that while BB&T's current earnings are superior to its peers', they probably don't justify a 47-cent dividend in the near term. When market conditions and BB&T's earnings improve, however, the bank is "committed" to enhancing payouts accordingly. King said the bank, which has $143.4 billion in assets, doesn't need the approximately $725 million in annual savings from the dividend cut to repay its TARP indebtedness but took the action to bolster its finances. Besides the $1.5 billion from the stock offering, it raised $796 million via the sale of senior debt notes due in 2014 and 2019. The remainder will come from cash on hand. COO Christopher L. Henson said that with fresh capital in place and even after the TARP repayment, BB&T would end up with a Tier 1 common capital ratio "north of 8%," double the minimum requirement set by the government's stress test. The new quarterly is payable Aug. 3 to holders of record July 10. The stock goes ex-dividend July 8. Yield: 2.79%. BB&T shares, which trade on the Big Board, have been in the low 20s, on anticipation of a dividend cut, plus concern about its commercial real-estate portfolio. The stock's 52-week range is 45.31 to 12.90.	Love	May 16, 2009
barrons3	I am agnostic right here. We are still overbought, we have some gloom, but not enough to kill the secondary supply movement, and we all can read the list of TARP takers and know that there are more ahead. So why not be just negative? Because of the propensity to miss the BB&T (BBT) and to miss the opening in a PNC (PNC), and because the tech article in today's Journal -- positive!	Love	May 14, 2009
barrons3	BB&T Corp. (BBT) is a conservative bank that stumbled right at the end, right at the top, moving out of traditional markets to ones that turned down fast. But it didn't destroy its franchise, and I think that low $20s is a win.	Love	May 14, 2009
Stockpickr Staff	"If Wells Fargo went up 6, isn't it reasonable to presume that Bank of New York Mellon (BK), KeyCorp (KEY), Capital One (COF), BB&T (BBT) and no doubt all of the others, would do the same?" (<a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=8f053f2a-e87f-4c21-b108-9c07006a98f7" target="_blank">"A Bevy of Bank Offerings," 5-12-09</a>)	Love	May 13, 2009
whatspossible	commercial real estate	Hate	May 05, 2009
tommiej100	finance	Love	April 28, 2009
Stockpickr Staff	<a href="http://www.stockpickr.com/members/view/answers/66259/" target="_blank">For Peltier's take, click here.</a>	Love	April 21, 2009
Larry Vickery	Growth	Love	March 28, 2009
sarah z	From a recent Mad Money show:"I don't like this one. I can't get behind it anymore. It's not going to be a bank that I'm going to get behind."	Love	March 25, 2009
kmb	good bank	Love	March 18, 2009
sarah z	From a recent Mad Money show:"I used to be bullish, but you never know what's going to happen. I want to sell, sell, sell."	Love	February 04, 2009
ehcassell	Consistant risk manager	Love	January 21, 2009
Versant100	where are the write downs?	Hate	January 12, 2009
barrons3	This bank stock has made its lows and held its lows. I’d rather own any regional bank than a money center bank. They have far less problems with their balance sheet. - Dennis Gartman	Love	December 31, 2008
High Dividends	Percentage increase: 2.20% Yield: 6.6%	Love	December 20, 2008
bandingman	good dividend, solid mangagement	Love	November 25, 2008
barrons3	Cramer thinks today’s rate cut could boost his thesis on dividend-paying stocks like Verizon [VZ], BB&T [BBT], Merck [MRK], Watsco [WSO], Eaton [ETN] and others. Thanks to the rate cut, those yields now pay out more than hiding in cash.	Love	October 30, 2008