BB&T Corp. (BBT) Misses Q2 EPS by 7c

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BB&T reports second quarter results; Adjusted diluted EPS totals $0.69 per share

July 16, 2015 5:45 AM EDT

WINSTON-SALEM, N.C., July 16, 2015 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported quarterly earnings for the second quarter of 2015. Net income available to common shareholders was $454 million, compared to $424 million earned in the second quarter of 2014, an increase of 7.1%. Earnings per diluted common share totaled $0.62 for the quarter, compared to $0.58 for the second quarter of last year, an increase of 6.9%. Net income available to common shareholders was affected by $25 million in pre-tax merger-related charges ($16 million after-tax), or $0.02 per diluted share, and a $34 million after-tax loss on the sale of... More