| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for BB&T Corp. > News item |
DBRS changes BB&T to positive
DBRS said it confirmed the ratings of BB&T Corp., including its long-term issuer rating of A (high) and short-term issuer rating of R-1 (low).
At the same time, DBRS confirmed the ratings of Branch Banking and Trust Co.
The trend was revised to positive from stable.
The intrinsic assessment for the bank is AA (low), while its support assessment remains SA1.
The company’s support assessment is SA3 and its long-term issuer rating is positioned one notch below the bank’s intrinsic assessment.
DBRS said the positive trend reflects BB&T’s well-established super-regional banking franchise that is led by a long-tenured management team, as well as its sustained better-than-peer financial performance, which is expected to continue, and strong balance sheet fundamentals.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.