John Allison ( 10 of 10 )
BB&T over the years largely has grown through the merger-and- acquisition process, acquiring community banks and thrifts, and that's been read more
BB&T over the years largely has grown through the merger-and- acquisition process, acquiring community banks and thrifts, and that's been successful on our part. Over the last year we've had a little of this indigestion from a lot of mergers over a short period. We needed to take a little breather to refocus on organic revenue growth, and we think we're near that period of time where our internal operations are where we want, so we're looking at getting back into the (M&A) business.
A lot of it is the seat-of-your-pants-type thing and a lot of faith and trust in people.
A lot of it is the seat-of-your-pants-type thing and a lot of faith and trust in people.
We're pretty much on schedule, ... We are talking to some people right now, but mergers are unpredictable. ... We'd read more
We're pretty much on schedule, ... We are talking to some people right now, but mergers are unpredictable. ... We'd like to see a transaction in the early part of 2006, but whether we will or not, frankly, depends on the sellers.
Given that our first quarter is usually negatively affected by a number of seasonal factors, I am encouraged that these read more
Given that our first quarter is usually negatively affected by a number of seasonal factors, I am encouraged that these positive results reflect a very good start to 2006.
Boy, I feel bad, ... There's so much I want to show you.
Boy, I feel bad, ... There's so much I want to show you.
I think you blacked out for a little bit there,
I think you blacked out for a little bit there,
This merger accelerates our long-term earnings growth potential by expanding our Tennessee market. It will allow us to extend our read more
This merger accelerates our long-term earnings growth potential by expanding our Tennessee market. It will allow us to extend our growing Knoxville-based presence toward Chattanooga and on to our existing north Georgia franchise.
We grew up competing with much larger institutions. They are very good at what they do and we knew that read more
We grew up competing with much larger institutions. They are very good at what they do and we knew that we couldn't beat them at their game.
Ninety percent of our stuff is there. We were planning to sell this house as quick as we can and read more
Ninety percent of our stuff is there. We were planning to sell this house as quick as we can and move there, and now we understand, the best reports we're getting that our house there is underwater.
