Investing.com - BB&T (NYSE:BBT) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.12 on revenue of $3.04B. Analysts polled by Investing.com expected EPS of $1.07 on revenue of $3.01B. That compared to EPS of $0.99 on revenue of $2.9B in the same period a year earlier. The company had reported EPS of $0.97 on revenue of $2.9B in the previous quarter.
For the year, BB&T shares are up 14.66%, under-performing the S&P 500 which is up 20.49% year to date.
BB&T follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.12B
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