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$BBT's largest contributor to net income, Community Banking segment posted an increase in 4Q15 net income of $22M to $272MM vs. 4Q14. The higher net income includes $SUSQ's operations in the segment results. Net income for the Financial Services segment also increased $24MM vs. 4Q14, while Specialized Lending net income was $71MM, up $6MM vs. 4Q14.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.