BB&T Corporation (BBT) and Regions Financial Corporation (RF) are large regional banking companies. The net income and average common shares outstanding for both companies were reported in recent financial reports as follows (in millions): Regions Financial BB&T Net income $2,458 $1,158 Preferred dividends $167 $64 Average number of common shares outstanding 815 1,255 a. Determine the earnings per share for each company. Round to the nearest cent. Which company appears more profitable from a total net income perspective? Which company appears more profitable from an earnings-per-share perspective? From a stockholder's perspective, is net income or earnings per share the better b. с. d. relative earnings measure between the two banks?

BB&T Corporation (BBT) and Regions Financial Corporation (RF) are large regional banking companies. The net income and average common shares outstanding for both companies were reported in recent financial reports as follows (in millions): Regions Financial BB&T Net income $2,458 $1,158 Preferred dividends $167 $64 Average number of common shares outstanding 815 1,255 a. Determine the earnings per share for each company. Round to the nearest cent. Which company appears more profitable from a total net income perspective? Which company appears more profitable from an earnings-per-share perspective? From a stockholder's perspective, is net income or earnings per share the better b. с. d. relative earnings measure between the two banks?

Name: MAD 12-5 Analyze and compare BB&T and Regions FinancialBB&T Corporati
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Description: MAD 12-5 Analyze and compare BB&T and Regions FinancialBB&T Corporation (BBT) and Regions Financial Corporation (RF) are large regionalbanking companies. The net income and average common shares outstanding for both companieswere reported in recent

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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