October 31, 2012 08:00 ET

Technical Analysis on BB&T Corp. and Synovus Financial Corp. - Credit Quality Improvements Benefiting Banks

NEW YORK, NY--(Marketwire - Oct 31, 2012) - The protracted low interest rate environment, sluggish economic recovery and tightening regulatory issues continue to pose a challenge to the Mid-Atlantic banks industry, within which BB&T Corporation and Synovus Financial Corp. operate. On the plus side a number of industry players have reported improved credit quality and accelerating loan growth in the third quarter. has initiated technical analysis on BB&T Corporation (NYSE: BBT) and Synovus Financial Corp. (NYSE: SNV) which serves the Regional - Mid-Atlantic Banks industry. These reports are free upon registration. Rest assured that there is no financial commitment to sign up on enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals and a dedicated team of researchers that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at 

In its recent third quarter earnings report, BB&T Corp. announced earnings of 70 cents per share, well above last year's 52 cents per share. The company was also successful in growing revenue by almost 16 percent year-over-year to $2.48 billion. Encouragingly BB&T continues to work towards diversifying its lending out of real-estate as it beefs up its commercial and industrial loans. However, it still has considerable exposure to problem assets. Read our technical analysis on BB&T Corporation by clicking on  

Meanwhile, Synovus newly reported improved net income, as results received a boost from enhanced credit trends and ongoing expense control. However, a 7 percent decline in net interest income and a 45 percent fall in non-interest income, is concerning. Investors looking for technical analysis on Synovus Financial Corp. are encouraged to use the link below

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