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Thursday, January 21, 2016

=BB&T (BBT) reported 4Q earnings on Thur 21 Jan 2016 (before open)

** charts before earnings **



** charts after earnings **







BB&T Corp misses by $0.04, misses on revs :
  • Reports Q4 (Dec) earnings of $0.68 per share, excluding merger-related and restructuring items, $0.04 worse than the Capital IQ Consensus of $0.72; revenues rose 6.9% year/year to $2.56 bln vs the $2.59 bln Capital IQ Consensus.
  • Net interest margin was 3.35%, flat compared to the prior quarter
  • Average loans and leases held for investment increased $4.3 billion compared to the third quarter of 2015; annualized growth of approximately 2.0% excluding acquisitions
  • Capital levels
    • Common equity tier 1 to risk-weighted assets was 10.2%, or 10.0% on a fully phased-in basis
    • Tier 1 risk-based capital was 11.8%
    • Total capital was 14.2%
    • Leverage capital was 9.8%
    • Tangible common equity to tangible assets was 7.7%

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