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Free Research Report as BB&T’s Revenue Grew 5% and EPS Surged 6.9%

Stock Monitor: Community Trust Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 23, 2018 / Active-Investors.com has just released a free earnings report on BB&T Corp. (NYSE: BBT). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=BBT. The Company posted its financial results on January 18, 2018, for the fourth quarter of the fiscal year 2017. The financial services holding Company's revenue and adjusted EPS surpassed analysts' expectations. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Community Trust Bancorp, Inc. (NASDAQ: CTBI), which also belongs to the Financial sector as the Company BB&T. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, BB&T most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=BBT

Earnings Highlights and Summary

For the three months ended December 31, 2017, BB&T's revenues increased 5% to $2.91 billion from $2.77 billion in Q4 FY16. The Company's revenue numbers surpassed analysts' expectations of $2.84 billion.

For the reported quarter, the Company's net interest income increased 4.7% to $1.68 billion from $1.61 billion in Q4 FY16. For the reported quarter, the Company's net interest margin was 3.43% compared to 3.32% in Q4 FY16.

During Q4 FY17, BB&T's total non-interest income advanced 5.4% to $1.23 billion from $1.16 billion in Q4 FY16, due to higher fees from the majority of non-interest revenues sources as a result of higher business activity. For the reported quarter, the Company's personnel expenses increased 4% to $1.04 billion from $1.00 billion in Q4 FY16. For the reported quarter, BB&T's occupancy and equipment expenses decreased 1.5% to $195 million from $198 million in Q4 FY16. For the reported quarter, the Company's total non-interest expenses increased 11.2% to $1.86 billion from $1.67 billion in Q4 FY16.

For the reported quarter, BB&T's net income increased 3.7% to $614 million on a y-o-y basis from $592 million in Q4 FY16. During Q4 FY17, the Company's diluted earnings per share (EPS) increased 6.9% to $0.77 on a y-o-y basis from $0.72 in the same period of last year. For the reported quarter, BB&T's adjusted net income was $671 million. During Q4 FY17, the Company's adjusted diluted EPS was $0.84, surpassing analysts' expectations of $0.80.

Segment Details

Community Banking Retail and Consumer Finance - During Q4 FY17, the Company's Community Banking Retail and Consumer Finance segment's net income decreased 9.6% to $263 million from $291 million in the comparable period of last year.

Community Banking Commercial - During Q4 FY17, the Company's Community Banking Commercial segment's net income increased 27.3% to $233 million from $183 million in the corresponding period of last year.

Financial Services and Commercial Finance - During Q4 FY17, the Company's Financial Services and Commercial Finance segment's net income increased 7.9% to $136 million from $126 million in the same period of last year.

Insurance Holdings and Premium Finance - During Q4 FY17, the Company's Insurance Holdings and Premium Finance segment's net income decreased 13.2% to $33 million from $38 million in the comparable period of last year.

Asset Quality

During Q4 FY17, BB&T's total non-performing assets decreased 22.9% to $627 million from $813 million in the corresponding period of last year. For the reported quarter, the Company's non-performing assets to total assets ratio was 0.28% compared to 0.37% in Q4 FY16.

Balance Sheet

For the reported quarter, the Company's total loans and leases decreased 0.1% to $142.66 billion from $142.69 billion in Q3 FY17. For the reported quarter, the Company's total deposits increased 1.4% to $157.96 billion from $157.41 billion in Q3 FY17.

For the reported quarter, the Company's common equity Tier 1 capital ratio was 10% compared to 10.2% in Q4 FY16.

Stock Performance Snapshot

January 22, 2018 - At Monday's closing bell, BB&T's stock marginally rose 0.15%, ending the trading session at $54.88.

Volume traded for the day: 3.46 million shares.

Stock performance in the last month – up 9.69%; previous three-month period – up 17.42%; past twelve-month period – up 20.83%; and year-to-date – up 10.38%

After yesterday's close, BB&T's market cap was at $43.01 billion.

Price to Earnings (P/E) ratio was at 20.01.

The stock has a dividend yield of 2.41%.

The stock is part of the Financial sector, categorized under the Regional - Southeast Banks industry. This sector was up 0.8% at the end of the session.

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