BB&T: The Taxman Cometh

In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss BB&T's (NYSE: BBT  ) little tax problem. They tell investors about the hundreds of millions of dollars BB&T paid to the IRS, expecting to get it back, and why a very similar recent court case involving Bank of New York Mellon (NYSE: BK  ) may have set a precedent and may mean BB&T won't be getting its money back after all. Matt tells investors how much money is at stake and just how damaging this could be to BB&T if the courts don't rule in its favor.

With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal or whether finance stocks are a screaming buy today. The answer depends on the company, so to help you figure out whether BB&T should be on you radar, I invite you to read our premium research report on the company today. We'll fill you in on both reasons to buy and reasons to sell BB&T and what areas that BB&T investors need to watch going forward. Click here now for instant access!


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2283563, ~/Articles/ArticleHandler.aspx, 7/25/2014 7:31:03 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement