Sunday, January 24, 2016

Seeking Alpha: BB&T A Little Poky, But Can Build From Here

The overall theme for most bank earnings reports this quarter has been "good enough, but not great", but BB&T (NYSE:BBT) broke from the pack a bit in the wrong way. BB&T's results were a little light, as weaker fee income weighed on revenue and drove a slight operating profit miss. Management was a little more upbeat about 2016 than fourth quarter results might have suggested, though, and there is scale to accelerate lending and drive operating synergies from the company's recent acquisitions.

Follow this link for the full article:
BB&T A Little Poky, But Can Build From Here

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