BB&T Corp., the third-largest bank in the Charlotte region, reported higher profit in the second quarter compared with the same period a year earlier. But its net interest margin, a key measure of profitability, fell as lenders everywhere deal with low interest rates that is making it harder to grow revenue.
BB&T Corp., the third-largest bank in the Charlotte region, reported higher profit in the second quarter compared with the same period a year earlier. But its net interest margin, a key measure of profitability, fell as lenders everywhere deal with low interest rates that is making it harder to grow revenue. DAVIS TURNER BLOOMBERG NEWS
BB&T Corp., the third-largest bank in the Charlotte region, reported higher profit in the second quarter compared with the same period a year earlier. But its net interest margin, a key measure of profitability, fell as lenders everywhere deal with low interest rates that is making it harder to grow revenue. DAVIS TURNER BLOOMBERG NEWS

BB&T reports higher 2nd quarter profit

July 16, 2015 10:46 AM