Company profile

Ticker
BBT
Exchange
CEO
Kelly S. King
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Southern National Corp
SEC CIK
IRS number
560939887

BBT stock data

(
)

Calendar

31 Jul 19
24 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Net income 842M 749M 754M 789M
Diluted EPS 1.09 0.97 0.97 1.01
Net change in cash 834M 100M
Cash on hand 2.7B 3.99B 3.15B
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income 3.06B 2.22B 2.26B 1.94B
Diluted EPS 3.91 2.74 2.77 2.56
Net change in cash 904M -1.34B 257M 1.84B
Cash on hand 3.99B 3.08B 4.42B 4.17B

Financial data from BB&T earnings reports

Financial report summary

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Management Discussion
  • Noninterest income for the second quarter of 2019 was up $130 million compared to the earlier quarter. Insurance income increased $85 million to record levels due to higher production and the acquisition of Regions Insurance. Mortgage banking income increased $19 million primarily due to an increase of $28 million for net mortgage servicing rights valuation adjustments, which was partially offset by lower residential and commercial mortgage banking revenues. Investment banking and brokerage fees and commissions increased $22 million primarily due to higher revenue from investment banking transactions and higher managed account fees.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
7th grade Avg
New words: agreed, anniversary, annum, attended, Bennett, Bradley, Brant, burden, capture, CECL, Christopher, Clarke, Committee, complemented, David, depositary, detect, dismissed, Donna, Dont, embedded, enforceable, entirety, fractional, fraud, Godwin, Goodrich, hearing, Henson, House, III, inline, interactive, Jim, Johnson, Jr, led, Letter, light, low, misconduct, occurrence, perpetual, prejudice, prime, putative, redemption, Robert, Standridge, supplemental, Synergy, transition, Truist, uncertainty, unconsolidated, Weaver, Wilson
Removed: January, marked, merit, office, request, seasonality, sundry