Business News: BB&T reports record earnings of $842 million, or $1.09 per diluted share
WINSTON-SALEM, NC (STL.News) – BB&T Corporation (NYSE: BBT) today reported record earnings for the second quarter of 2019. Net income available to common shareholders was $842 million, up 8.6 percent, compared with the second quarter last year. Earnings per diluted common share were $1.09 for the second quarter of 2019, an increase of 10.1 percent compared with the same period last year. Results for the second quarter produced an annualized return on average assets of 1.55 percent and an annualized return on average common shareholders’ equity of 11.98 percent.