NYSE:BBT.PRE

Stock Analysis Report

Executive Summary

BB&T Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atlantic United States.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has BB&T's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

BBT.PRE

2.7%

US Banks

0.5%

US Market


1 Year Return

-1.2%

BBT.PRE

2.9%

US Banks

6.8%

US Market


Shareholder returns

BBT.PREIndustryMarket
7 Day-0.4%2.7%0.5%
30 Day-0.5%1.1%-0.8%
90 Day-1.1%2.7%-0.9%
1 Year4.5%-1.2%5.8%2.9%9.2%6.8%
3 Year12.2%-5.1%52.0%41.5%45.6%36.2%
5 Year41.1%8.2%69.2%50.7%63.2%45.4%

Price Volatility Vs. Market

How volatile is BB&T's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BB&T undervalued compared to its fair value and its price relative to the market?

21.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BBT.PRE ($25.3) is trading below our estimate of fair value ($32.06)

Significantly Below Fair Value: BBT.PRE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BBT.PRE is good value based on its PE Ratio (12.1x) compared to the Banks industry average (12.5x).

PE vs Market: BBT.PRE is good value based on its PE Ratio (12.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: BBT.PRE is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: BBT.PRE is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is BB&T forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

37.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBT.PRE's forecast earnings growth (37.6% per year) is above the savings rate (2.7%).

Earnings vs Market: BBT.PRE's earnings (37.6% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BBT.PRE's revenue (30.8% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: BBT.PRE's revenue (30.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has BB&T performed over the past 5 years?

11.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BBT.PRE's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: BBT.PRE's earnings growth over the past year (14.8%) exceeds its 5-year average (11% per year).

Earnings vs Industry: BBT.PRE earnings growth over the past year (14.8%) underperformed the Banks industry 29.7%.


Return on Equity

High ROE: BBT.PRE's Return on Equity (10.5%) is considered low.


Return on Assets

ROA vs Industry: BBT.PRE has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BBT.PRE's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is BB&T's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Asset Level: BBT.PRE's level of assets compared to its equity is low.

Allowance for Bad Loans: BBT.PRE has a sufficient allowance for bad loans.

Low Risk Liabilities: BBT.PRE's liabilities are made up of primarily low risk sources of funding.

Loan Level: BBT.PRE has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BBT.PRE's loans are broadly funded by customer deposits.

Level of Bad Loans: BBT.PRE has an appropriate level of bad loans (0.3%)


Next Steps

Dividend

What is BB&T's current dividend yield, its reliability and sustainability?

3.65%

Current Dividend Yield


Dividend Yield vs Market

company3.6%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Years3.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BBT.PRE's dividend (3.65%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: BBT.PRE's dividend (3.65%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: BBT.PRE's dividend payments have been volatile in the past 10 years.

Growing Dividend: BBT.PRE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.6%), BBT.PRE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BBT.PRE's dividends in 3 years are forecast to be well covered by earnings (41.2% payout ratio).


Next Steps

Management

What is the CEO of BB&T's salary, the management and board of directors tenure and is there insider trading?

9.0yrs

Average management tenure


CEO

Kelly King (71yo)

10.6yrs

Tenure

US$8,584,676

Compensation

Mr. Kelly Stuart King has been Chief Executive Officer of BB&T Corporation since January, 2009. Mr. King serves as Chief Executive Officer of Branch Banking and Trust Company. He served as the Chief Operat ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Kelly's compensation has been consistent with company performance over the past year.


Management Age and Tenure

9.0yrs

Average Tenure

57.5yo

Average Age

Experienced Management: BBT.PRE's management team is seasoned and experienced (9 years average tenure).


Board Age and Tenure

10.0yrs

Average Tenure

67yo

Average Age

Experienced Board: BBT.PRE's board of directors are seasoned and experienced ( 10 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kelly King (71yo)

    Chairman & CEO

    • Tenure: 10.6yrs
    • Compensation: US$8.58m
  • Barbara Duck (52yo)

    Senior EVP & Chief Information Officer

    • Tenure: 3.1yrs
    • Compensation: US$2.38m
  • Chris Henson (58yo)

    President & COO

    • Tenure: 2.7yrs
    • Compensation: US$4.07m
  • William Bradley (57yo)

    Senior EVP & Manager of Operations Shared Services

    • Tenure: 13.7yrs
  • Clarke Starnes (60yo)

    Senior EVP & Chief Risk Officer

    • Tenure: 19.6yrs
    • Compensation: US$3.14m
  • Donna Goodrich (57yo)

    Senior EVP & Treasurer

    • Tenure: 0.8yrs
    • Compensation: US$2.38m
  • Daryl Bible (58yo)

    Senior EVP & CFO

    • Tenure: 10.6yrs
    • Compensation: US$3.21m
  • Bob Johnson (47yo)

    Senior EVP

    • Tenure: 9yrs
  • Brian Davis

    Senior Vice President of Corporate Communications

    • Tenure: 0yrs
  • Richard Baytosh

    Executive Vice President of Investor Relations

    • Tenure: 0.6yrs

Board Members

  • Kelly King (71yo)

    Chairman & CEO

    • Tenure: 10.6yrs
    • Compensation: US$8.58m
  • Tom Skains (62yo)

    Director

    • Tenure: 10.2yrs
    • Compensation: US$262.69k
  • William Reuter (69yo)

    Director

    • Tenure: 4yrs
    • Compensation: US$264.19k
  • Nido Qubein (70yo)

    Director

    • Tenure: 29.3yrs
    • Compensation: US$224.69k
  • Anna Cablik (66yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$244.69k
  • K. Boyer (68yo)

    Director

    • Tenure: 9.8yrs
    • Compensation: US$227.69k
  • Jennifer Banner (60yo)

    Director

    • Tenure: 16.3yrs
    • Compensation: US$267.19k
  • John Howard (52yo)

    Chairman & CEO of BB&T Insurance Holdings

    • Tenure: 0yrs
  • Tommy Thompson (70yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$261.19k
  • Charles Patton (63yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$270.19k

Company Information

BB&T Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BB&T Corporation
  • Ticker: BBT.PRE
  • Exchange: NYSE
  • Founded: 1872
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$37.803b
  • Shares outstanding: 766.01m
  • Website: https://www.bbt.com

Number of Employees


Location

  • BB&T Corporation
  • 200 West Second Street
  • Winston-Salem
  • North Carolina
  • 27101
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBTNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
BBKDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972
BBT *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNDec 1972
0HKHLSE (London Stock Exchange)YesCommon StockGBUSDDec 1972
BBT.PRDNYSE (New York Stock Exchange)DEP SHS REPSTG 1USUSDApr 2012
BBT.PRENYSE (New York Stock Exchange)DEP SHS REPSTG 1USUSDJul 2012
BBT.PRFNYSE (New York Stock Exchange)DEP1/1000 PFD FUSUSDOct 2012
BBT.PRGNYSE (New York Stock Exchange)DP SHS RP PF GUSUSDApr 2013
BBT.PRHNYSE (New York Stock Exchange)DEP PFD SER HUSUSDMar 2016

Biography

BB&T Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/03 00:30
End of Day Share Price2019/08/02 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.