BB&T records record-setting quarter - Winston-Salem Journal: Business News

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BB&T records record-setting quarter

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Posted: Thursday, July 18, 2013 7:33 am | Updated: 8:21 pm, Thu Jul 18, 2013.

BB&T Corp. reported Thursday the highest profitable quarter in its history at $547 million in the second quarter, spurred mostly -- as expected -- by continued improvement in its loan portfolio.

The bank’s 7.2 percent increase in net income also benefited from an 18 percent increase in fee revenue, led by record performances in insurance, investment banking and brokerage, and trust and investment advisory segments.

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