BB&T Corp. (BBT) Misses Q1 EPS by 2c

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Go back to BB&T Corp. (BBT) Misses Q1 EPS by 2c

BB&T reports first quarter results; Adjusted diluted EPS of $0.68 per share

April 23, 2015 5:45 AM EDT

WINSTON-SALEM, N.C., April 23, 2015 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported quarterly earnings for the first quarter of 2015. Net income available to common shareholders was $488 million, compared to $496 million earned in the first quarter of 2014. Earnings per diluted common share totaled $0.67 for the quarter, compared to $0.68 for the first quarter of last year. Net income available to common shareholders was affected by $13 million in pre-tax merger-related charges, or $0.01 per diluted share.

"Given the challenges of the current rate environment, I am pleased with our financial performance and other... More