BB&T's third-quarter earnings dipped from midyear after it incurred costs from buying BankAtlantic and issued preferred stock.

The Winston-Salem, N.C., company's net income available to shareholders fell 8% from the second quarter but rose 28% from a year earlier, to $469 million. BB&T said that costs associated with its purchase of BankAtlantic in Fort Lauderdale, Fla., totaled $43 million during the third quarter.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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