Compass Point Trims Numbers on BB&T Capital (BBT) Post Q1; Keeps 'Buy' Rating
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Go back to Compass Point Trims Numbers on BB&T Capital (BBT) Post Q1; Keeps 'Buy' Rating
April 21, 2014 7:40 AM EDT
Oppenheimer downgraded BB&T Capital (NYSE: BBT) from Outperform to Perform.
For an analyst ratings summary and ratings history on BB&T Capital click here. For more ratings news on BB&T Capital click here.
Shares of BB&T Capital closed at $37.93 yesterday.
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April 17, 2014 4:48 PM EDT
Standard & Poor's Ratings Services today said it revised its outlook on BB&T Corp. to stable from negative. At the same time, we affirmed the 'A-/A-2' long- and short-term issuer credit ratings on BB&T Corp. and the 'A/A-1' ratings on Branch Banking & Trust Co.
We revised our outlook on BB&T to stable after the Federal Reserve did not object to the bank's 2014 capital distribution plan, which it submitted as per the Comprehensive Capital Analysis and Review (CCAR). "We recognize that, during the past year, BB&T's management has substantially enhanced certain of its... More
April 17, 2014 8:05 AM EDT
BB&T Corp. (NYSE: BBT) reported Q1 EPS of $0.69, $0.01 worse than the analyst estimate of $0.70.
For earnings history and earnings-related data on BB&T Corp. (BBT) click here.
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