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BB&T is one of the strongest banks. Fundanmentalas show PPS holding strong.

GREENVILLE, S.C., Sept. 17 /PRNewswire-FirstCall/ -- For the second year in a row, BB&T Corporation (NYSE: BBT) ranks highest in customer service satisfaction among primary mortgage servicing companies, according to a nationwide study released last week by J.D. Power and Associates.

Filed under: Newsletters, Bank of America (BAC), BB and T (BBT), Wells Fargo (WFC), Stocks to Buy

Financials have staged an impressive rally from extremely oversold levels," says Kelley Wright, editor of the top-rated IQ Trends, which focuses on high quality, blue chip, dividend-paying stocks. Here's his top long-term buys among banks.

"It is increasingly evident that the banking sector is dividing into two distinct camps; the have's and the have not's. The 'have's' are:

Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) among the big cap area;
SunTrust (NYSE: STI) and BB&T Corp. (NYSE: B

Today BB&T (BBT) reported that it still expects to increase its 46 cent per share quarterly dividend. The bank has raised its dividend for 36 straight years, according to Reuters.

This stock has declined precipitously as the regional banks have been pummeled.  BBT has lost 33% of its value since the beginning of May. While the company has exposure to Florida, one of the worst markets hit by the housing debacle, its capital position remains strong and its earnings record is excellent.

Sy Jacobs, founder of JAM Asset Management, foresaw the housing slump and subprime macro fallout. He now tells Barron’s that investors erroneously assumed Bear Stearns was a market bottom.<!----> More pain is ahead for the economy and financials in particular. Increasing defaults in banks’ core business of construction loans will cause many to disappear. Survivors, however, will gain back lending market share that they lost to “the Countrywide Financials.”

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