After receiving the dubious distinction of being one of only a pair of banks to see its capital plan rebuffed by the Fed (I, II), shares of BB&T (NYSE:BBT) are set to gain 30% over the next two years, according to Barron's. Jack Hough notes that the Fed's rejection likely stemmed from an adjustment the bank made to its risk weighting procedures, something CEO Kelly King says investors shouldn't "get hung up on." Catalysts going forward include "strong growth potential and rising profitability" to go along with a "handsome" dividend.
After receiving the dubious distinction of being one of only a pair of banks to see its capital...
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