The company's interest in acquisitions could lead it to make a value-destroying deal. BB&T's acquisition of BankAtlantic helped it gain market share in the key state of Florida, leaving BB&T in good position to profit from an improving
BankAtlantic and Ryan Beck struggle through tough times.
throughout the South, completed its acquisition of BankAtlantic . The move enhances BB&T's reach and market share ..... T's net income by about 4 cents per share. The BankAtlantic acquisition boosted loan growth, with average loans
and that is likely to gain even more importance for the bank after the completion of the planned acquisition of BankAtlantic 's BBX primary unit--are ameliorating. Credit metrics continued to move in the right direction at BB&T in the latest
interpreted as a positive sign for the company's direction. We look forward to the company's completion of its planned BankAtlantic acquisition and to track its progress on improving returns over the next few quarters.
should gradually expand, and we remain pleased with BB&T's recent credit quality improvements. We will be interested in seeing how this well-managed company performs with its planned acquisitions of BankAtlantic BBX and Crump Insurance.
We plan to drop coverage of BankAtlantic BBX in the coming weeks. BB&T BBT will be purchasing most of BankAtlantic 's performing loans and assuming ..... all of its deposits. Hence, BankAtlantic will be left practically in runoff
transaction closes, BankAtlantic 's balance sheet will ..... BB&T takes most of BankAtlantic 's deposits and performing loans, BankAtlantic will have a severely ..... between 15% and 25% of BankAtlantic 's pre-transaction
Just days after BankAtlantic BBX got a letter from the NYSE that ..... buyer could come along and save BankAtlantic , since we think its deposit franchise ..... the details of what will remain of BankAtlantic , we are placing the company under
quarters of losses, BankAtlantic BBX posted positive second ..... nonrecurring boost in income, BankAtlantic would have lost around ..... subsidiary, through BBX ) the bank subsidiary ..... worrisome is the fact that BankAtlantic 's ability to tap the