BB&T reports record quarterly earnings of $0.99 per diluted share; Up $0.22, or 28.6 percent, compared to second quarter 2017
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BB&T Capital (BBT) PT Lowered to $58 at BMO Capital
July 20, 2018 9:02 AM EDTBMO Capital lowered its price target on BB&T Capital (NYSE: BBT) to $58.00 (from $59.00) while maintaining a Outperform rating.
Analyst Lana Chan highlighted:
Management is optimistic that lending is picking up, with better trends in middle market and community... MoreBB&T Corp. (BBT) Reports In-Line Q2 EPS, Revenues Miss
July 19, 2018 6:01 AM EDTBB&T Corp. (NYSE: BBT) reported Q2 EPS of $1.01, in-line with the analyst estimate of $1.01. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.92 billion.
Second Quarter 2018 Performance Highlights
Earnings per diluted common share were $0.99, up $0.05 compared to first quarter of 2018Earnings per diluted common share were $1.01, excluding merger-related and restructuring chargesReturn on average assets was 1.49 percentReturn on average common shareholders' equity was 11.74 percentReturn on average tangible common shareholders' equity was 19.78 percentTaxable-equivalent... More