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BB&T Corp’s Q3 Profit Tumbles 56%, Still Beats View (BBT)

By Dividend.com Staff
October 19th, 2009

bbt-corps-q3-profit-tumbles-56-still-beats-view-bbt

Regional banker BB&T Corporation (BBT) said Monday that its third quarter profit plunged 56% from last year, hurt by mounting loan losses.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.