BB&T Insurance Services, the Raleigh-based subsidiary of Winston-Salem’s BB&T Corp. (NYSE: BBT), has acquiredWoodbury & Co. to expand its reach along the coast of the Carolinas. Woodbury & Co. serves Wilmington and Myrtle Beach with commercial property and casualty; employee benefits; individual life and health; personal lines; and professional liability protection to businesses and individuals. It has more than 50 employees.BB&T Corporation (NYSE:BBT) shares after opening at $39.79 moved to $40.31 on last trade day and at the end of the day closed at $39.83. Company price to sales ratio in past twelve months was calculated as 4.32 and price to cash ratio as 10.33. BB&T Corporation (NYSE:BBT) showed a negative weekly performance of -0.90%.
Additionally, the Regions Financial Corporation (NYSE:RF) on Mar. 27 announced the company is offering employers in four states access to a private health insurance exchange platform that will help companies better manage benefits while offering a wide array of insurance options for their employees. The private exchange, called Regions TruSelect, will be available to employers that are based in Georgia, Indiana, Tennessee or Texas, and have 50 or more eligible employees. Regions Financial Corporation (NYSE:RF) shares advanced 1.48% in last trading session and ended the day on $10.95. RF return on equity ratio is recorded as 7.20% and its return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) yearly performance is 35.35%.
On Mar F.N.B. Corp (NYSE:FNB) Announced that it executed a balance sheet strategy to sell its entire portfolio of pooled trust preferred securities (TPS) with net proceeds of $51.6 million and a resulting pre-tax gain of $13.8 million. FNB expects to utilize a portion of the gain to sell certain low-yielding securities to enhance future net interest income. F.N.B. Corp (NYSE:FNB) shares moved up 0.38% in last trading session and was closed at $13.14, while trading in range of $13.02-$13.34. F.N.B. Corp (NYSE:FNB) year to date performance is 5.20%.
Investors in Hancock Holding Company (NASDAQ:HBHC) saw new options begin trading this week, for the November 22nd expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 241 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the HBHC options chain for the new November 22nd contracts and identified one put and one call contract of particular interest.Hancock Holding Company (NASDAQ:HBHC) weekly performance is -3.95%. On last trading day company shares ended up $36.19. Hancock Holding Company (NASDAQ:HBHC) distance from 50-day simple moving average is 2.81%. Analysts mean target price for the company is $35.64.