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BB&T Meets Consensus Forecast
BB&T (BBT Quote) met Wall Street's expectations for the latest first quarter, as loan growth, noninterest income and the quality of the company's loan portfolios remained strong.
The bank holding company, which is based in Winston-Salem, N.C., said income, excluding nonrecurring items, totaled $243.3 million, or 59 cents a diluted share, in line with the Thomson Financial/First Call consensus estimate. BB&T earned 51 cents in the year-ago period. ...
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