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Stock Market & Financial Investment News

News For SUSQ From The Last 14 Days
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December 10, 2014
10:44 EDTSUSQBB&T CEO says managing expenses in this environment 'really hard'
BB&T (BBT) says sees consumer, business confidence improving in 2015. Expects that 2015 will not be a "break out" year. Says still challenges to increase revenue in U.S. market. Says long-term goals include: Less-volatile results, growing dividends, capital return, growing share price. Sees "solid" revenue year in 2015, will remain "intensely focused" on expenses. Says managing expenses in this environment "really hard." Says "well prepared" to successfully execute on Susquehanna (SUSQ) acquisition. Says feels "substantially" better about global economy than last year, though notes that it has eroded "some" since last year in certain regions. Says regulators feeling "more comfortable with where banks are." Says dividends "really important" to company. Says capital request to be substantially higher in 2015, likely in the 60% range. Says not chasing growth for growth's sake. BB&T CEO Kelly King is presenting at the Goldman Sachs U.S. Financial Services Conference.

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