BB&T (BBT) in Winston-Salem, N.C., narrowly missed Wall Street's first-quarter expectations because of sluggish loan growth.

The $184.7 billion-asset company's earnings fell 7% from the fourth quarter but more than doubled from a year earlier, to $501 million. At 69 cents a share, the results were a penny below the average estimate of analysts polled by Bloomberg. (BB&T's results from a year earlier were reduced by a $281 million tax-related adjustment.)

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.