BB&T's most recent trend suggests a bullish bias. One trading opportunity on BB&T is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 13.64% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for BB&T is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for BB&T is bullish.
The RSI indicator is at 65.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for BB&T
BB&T, SunTrust execs tout impact of merged bank at local Fed meeting
Thu, 25 Apr 2019 19:00:24 +0000
BB&T; Chief Executive Kelly King and SunTrust CEO Bill Rogers delivered prepared remarks at Thursday's meeting, which was hosted by the Federal Deposit Insurance Corp. and the Federal Reserve Board.
Regional banks BB&T and SunTrust in talks on merger of equals
Thu, 25 Apr 2019 14:09:00 +0000
Regional banks BB&T Corp. and SunTrust Banks Inc. said Thursday their chief executives are discussing a merger of equals. The CEOs, Kelly King of BB&T and William Rogers of SunTrust, said they spoke earlier today at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed deal. Shares of both banks were slightly higher in early trade.
BB&T and SunTrust CEOs Discuss Merger of Equals
Thu, 25 Apr 2019 14:00:00 +0000
CHARLOTTE, N.C., April 25, 2019 /PRNewswire/ — BB&T Chairman & Chief Executive Officer Kelly S. King and SunTrust Chairman & Chief Executive Officer William H. Rogers, Jr., today spoke at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed merger of equals between BB&T Corporation (BBT) and SunTrust Banks, Inc. (STI). Both CEOs and CRA leads shared information relating to the benefits of the proposed merger of equals for clients and communities, along with a summary of both institutions' strong performance under the Community Reinvestment Act (CRA).
SunTrust and BB&T CEOs Discuss Merger of Equals
Thu, 25 Apr 2019 14:00:00 +0000
ATLANTA, April 25, 2019 /PRNewswire/ — SunTrust Chairman and Chief Executive Officer William H. Rogers, Jr. and BB&T Chairman and Chief Executive Officer Kelly S. King today spoke at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed merger of equals between SunTrust Banks, Inc. (STI) and BB&T Corporation (BBT). They were joined by SunTrust Enterprise Community Reinvestment Officer Lynette Bell and BB&T Director of Corporate Social Responsibility and Community Reinvestment Sharon Jeffries-Jones.
Edited Transcript of BBT earnings conference call or presentation 18-Apr-19 12:00pm GMT
Wed, 24 Apr 2019 16:42:31 +0000
Q1 2019 BB&T Corp Earnings Call
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