BB&T (NYSE:BBT) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.03 on revenue of $2.93B. Analysts polled by anticipated EPS of $1 on revenue of $2.92B. That compared to EPS of $0.74 on revenue of $3.04B in the same period a year earlier The company had reported EPS of $0.99 on revenue of $2.9B in the previous quarter.
For the year, BB&T shares are down 4.5%, under-performing the S&P 500 which is up 4.68% year to date.
BB&T follows other major Financial sector earnings this month
On Tuesday, JPMorgan (NYSE:JPM) reported fourth quarter EPS of $ on revenue of $, compared to forecasts of EPS of $2.24 on revenue of $27.41B.
Bank of America (NYSE:BAC) earnings missed analyst's expectations on Wednesday, with fourth quarter EPS of $ on revenue of $. analysts expected EPS of $0.65 on revenue of $22.76B
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