Beneficial has plenty of capital to spend thanks to raising nearly $500 million in a second-step conversion from a mutual holding company structure to a stock …
National Penn had $9.6 billion in assets and $7 billion in deposits as of Sept. 30. BB&T also announced the deadline for National Penn holders of common stock and certain equity awards to elect their preferred payment for consideration will …
BB&T analyst Carter Leake lowered his rating on the stock to "hold" from "buy," saying it was prudent for investors to stay on the sidelines until the electrical problems were sorted out. Boeing shares fell 2 percent to $74.90 in premarket trade …
NEW YORK, Aug 17 (Reuters) - Shares of BB&T Corp (BBT.N) fell 4.4 percent to $27 in premarket trading on Monday, after the company started a $750 million stock offering.
Brown. BB&T has 125 locations in Maryland, while Susquehanna has 38 branches in the state. BB&T executives said the cash-and-stock deal would give the bank a larger foothold in the region, while Susquehanna's CEO said the larger …
Last summer, BB&T was hardly a household name in Lancaster County. But this summer, the name BB&T seems everywhere. BB&T said Monday it has agreed to buy National Penn Bancshares for $1.8 billion. The price, equal to …
The two companies announced an agreement Monday under which BB&T will acquire National Penn for $1.8 billion in cash and stock. While the question looms about whether there will be layoffs or branch closings, Deery and her husband, …
BB&T Corp. (BBT) said that BB&T Insurance Holdings ... this transaction at the time of closing is expected to be used to repurchase shares of common stock, subject to review and non-objection by the Federal Reserve as part of the 2018 …
What will shareholders get? BB&T is buying assets and deposits of the bank owned by publicly traded BankAtlantic Bancorp., whose stock will remain outstanding. The parent company will get the benefit of the $600 million purchase …
“General headlines will be constructive with the vast majority of banks increasing their dividends and buying back more stock,” said Jason Goldberg ... Wells Fargo & Co, BB&T Corp, Huntington Bancshares Inc, Comerica Inc, Citizens …