BB&T Corp., the first top-25 U.S. bank to post second-quarter results, said operating earnings rose 15.4%, to $193.7 million, spurred by loan and deposit growth.

Per-share earnings of 54 cents met Wall Street's expectations for the Winston-Salem, N.C., company. Net earnings, reduced by $21 million in after-tax charges associated with acquisitions and systems conversions, rose 3% from a year earlier, to $172.7 million.

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