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BB&T reports drop in profit.

Global Banking News-October 15, 2015--BB&T reports drop in profit

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Global Banking News - 15 October 2015

BB&T Corp has reported a drop in profit.

The bank said that its profit had dropped in the latest quarter, as merger-related costs offset loan and deposit growth. The bank earned USD533m in the third quarter, down from USD553m reported a year earlier.

The bank also said that its profit per share fell to USD0.64 from USD0.70.

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Publication:Global Banking News (GBN)
Date:Oct 15, 2015
Words:105
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