Kelly King – Chairman and Chief Executive Officer Main street continues to rebound “I just want to mention to you again that Main Street continues to rebound. Our confidence is up. I’ve been in 23 of our 26 regions in … Continued
Kelly King – Chairman and Chief Executive Officer Main street has been struggling for eight years “I just want to make sure you understand with regard to Community Bank, this is a bit esoteric, but over the last eight years, … Continued
Kelly King Meaningful investment in the second third and fourth quarter ” we actually are very optimistic about the economy going forward. It will take a little while for it to get going, but look we are going to have … Continued
BB&T Corp’s (BBT) CEO Kelly King on Q3 2016 Results Companies are terming out their borrowing “we like all the others did experienced higher pay-offs in our commercial area in the quarter. Frankly, a lot of good quality loans have … Continued
BB&T (BBT) Kelly S. King on Q2 2016 Results We’re focusing on expenses at a more intense rate “I do want to reinforce that we are intensely focused on expenses. We’ve been focusing for a number of years, as you … Continued
BB&T (BBT) Kelly S. King on Q1 2016 Results Economy is good but not great “just a couple of comments about the economy. It is what I would call good but not great. It’s okay. It’s rocking along about like … Continued
Kelly King C&I lending is very competitive but spreads are flattening out “C&I lending was mostly in large participations as it was in previous quarters, so it’s very competitive, spreads are tight, but the spreads are flattening out. So that’s … Continued
Spreads continue to tighten “the spreads in the marketplace continue to tighten. I keep asking our lending folks when is it going to get better and they say, well, as of yesterday it hadn’t gotten better.” Tech platform a tool … Continued
Kelly King – Chairman and Chief Executive Officer No material trend changes in credit but we are at such a low level “we think that energy is not an issue for us in terms of credit metrics in general. We … Continued
C&I is very competitive “Our C&I loan growth was very strong. Average C&I loans were up $1.1 billion or 10.6% annualized. We had strong growth in corporate lending, mortgage warehouse lending and government finance. I will tell you, the C&I … Continued