BB&T Corp. (BBT) Reports In-Line Q3 EPS, Revenues In-Line

BB&T Corp. (NYSE: BBT) reported Q3 EPS of $0.78, in-line with the analyst estimate of $0.78. Revenue for the quarter came in at $2.81 billion versus the consensus estimate of $2.84 billion.

Third Quarter 2017 Performance Highlights

• Taxable-equivalent revenues were $2.9 billion for the third quarter, down $41 million from the second quarter of 2017
• Net interest income on a taxable-equivalent basis was up $13 million
• Net interest margin was 3.48 percent, up one basis point; driven by rate increases
• Noninterest income was down $54 million driven by lower insurance income
• Fee income ratio was 41.4 percent, compared to 42.7 percent for the prior quarter

For earnings history and earnings-related data on BB&T Corp. (BBT) click here.

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