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After receiving the dubious distinction of being one of only a pair of banks to see its capital...

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 (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.
Comments (1)
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Barron's?

     

    Is this the new provider for Market Currents on the weekends?

     

    Not sure what the connection is, but I would rather Market Currents go dark.
    15 Jun 2013, 09:39 PM Reply Like
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