Form 8-K BB&T CORP For: Jul 16
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BB&T Corp. (BBT) Misses Q2 EPS by 7c
July 16, 2015 6:11 AM EDTBB&T Corp. (NYSE: BBT) reported Q2 EPS of $0.62, $0.07 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.41 billion.
Second Quarter 2015 Performance Highlights
Taxable equivalent revenues were $2.4 billion for the second quarter, up $23 million from the first quarter of 2015Net interest margin was 3.27%, down six basis points due to lower rates on new loans and runoff of loans acquired from the FDICMortgage banking income was up $20 million, an annualized increase of 72.9% that reflects higher... More