BB&T Corporation Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2018; Reaffirms Earnings Guidance for the Full Year of 2019
For the full year, Interest income was $8,216,000 against $7,533,000 a year ago. Net interest income was $6,682,000 against $6,535,000 a year ago. Basic earnings per share was $3.96 against $2.78 a year ago. Net income was $3,257,000 against $2,415,000 a year ago.
For the quarter, the company reported net charge-offs of $143 million compared to $130 million for the earlier quarter.
The company announced that full year 2019 guidance has not changed from what it discussed at investor day in November.