Fitch affirms BB&T

Fitch Ratings said it affirmed BB&T Corp.'s ratings at A+/F1.

The outlook remains stable.

The agency said the affirmation reflects the consistency of the company's financial performance, diversified business model and a conservative risk appetite.

Further supporting the rating is a favorable view of BB&T's franchise and management team, Fitch added.

The agency said it attributes BB&T’s strong and stable earnings performance to its diversified revenue base, good credit history and disciplined expense management.

© 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.