Wheat, First Securities Inc. has upgraded its rating on CCB Financial Corp.'s stock to a "strong buy" on expectations that the Durham, N.C.-based super community bank is poised for a dramatic earnings increase.

Wheat First, a Richmond-based brokerage firm, estimates CCB should earn $3.90 a share, up 20% from the prior year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.