Thursday, April 21, 2016

BB&T Q1 Adj. Earnings Beats Estimates

BB&T Corp. (BBT) Thursday announced an 8 percent increase in first quarter net income available to common shareholders to $527 million from $488 million in the prior year. Earnings per share were in line with last year at $0.67. Excluding merger-related and restructuring charges, net income available to common shareholders was $542 million, or $0.69 per diluted share.

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