DBRS: BB&T unaffected

DBRS commented that its ratings for BB&T Corp., including its A (high) issuer & senior debt rating, are unchanged following the release of 2Q12 results.

The trend is stable.

BB&T reported net income applicable to common shareholders of $510 million for 2Q12, up from $431 million for 1Q12, the agency said.

Despite the difficult business environment, BB&T's higher 2Q12 earnings reflect positive balance sheet fundamentals and revenue contributions from its recent insurance business acquisition, the agency noted.

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