BB&T reports good third quarter
WINSTON-SALEM - BB&T Corp. has reported that its total third-quarter net income was up by 6.5 percent compared with the third quarter of 2006.
Net income was $444 million, or 80 cents per diluted share, compared with $417 million, or 77 cents per diluted share, earned during the third quarter of 2006.
Operating earnings for the third quarter of 2007 totaled $448 million, or 81 cebts per diluted share, compared to $424 million, or 78 cents per diluted share, earned during the third quarter of 2006.
Operating earnings exclude $4 million and $7 million in net after-tax merger-related and restructuring charges from the third quarters of 2007 and 2006, respectively.