BB&T reports earnings of $749 million; $0.97 per diluted share; Record earnings of $813 million, excluding merger-related and restructuring charges

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Go back to BB&T reports earnings of $749 million; $0.97 per diluted share; Record earnings of $813 million, excluding merger-related and restructuring charges

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

April 18, 2019 5:51 AM EDT

BB&T Corp. (NYSE: BBT) reported Q1 EPS of $1.05, $0.02 better than the analyst estimate of $1.03.

First Quarter 2019 Performance Highlights

Earnings per diluted common share were $0.97, unchanged compared to fourth quarter of 2018Diluted earnings per share were $1.05, excluding merger-related and restructuring chargesReturn on average assets was 1.43 percentReturn on average common shareholders' equity was 11.08 percentReturn on average tangible common shareholders' equity was 18.36 percentTaxable-equivalent revenues were $2.9 billion, down $42 million from the fourth quarter of 2018Net interest margin was 3.51 percent, up two basis pointsNoninterest income was down $33... More