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BB&T posts higher 3rd-qtr profit
October 18, 2012 / 10:01 AM / in 5 years

BB&T posts higher 3rd-qtr profit

Oct 18 (Reuters) - BB&T Corp posted a higher third-quarter profit as the regional bank generated more mortgage banking revenue.

Net income available to common shareholders rose to $469 million, or 66 cents per share, up from $366 million, or 52 cents per share, a year earlier.

The southeastern U.S. bank, which has a market value of about $22 billion, had emerged from the financial crisis as one of the strongest lenders in the region, avoiding many of the real estate problems faced by its peers.

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