Despite the significant long-term potential benefits of BB&T’s (BBT) merger of equals with SunTrust (STI),
the market is still generally against M&A in the banking sector,
and BB&T shares have lagged regional bank indices a bit since the
deal announcement (about 300bp of underperformance). I continue to
believe this is a strong merger, though, and I think BB&T shares
remain one of the more interesting values among banks in its weight
class.
Read the full article here:
BB&T Basically On Track Ahead Of Its Game-Changing Merger
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