Centura Banks Inc. said second-quarter profits rose 20%, to $24.1 million, boosted by an unexpectedly strong 6% gain in fee revenues. Earnings per share of 89 cents beat the consensus by a penny.

The $7.6 billion-asset bank is one of the first to report this quarter. Analysts said banks are expected to show an average 11% gain in second- quarter earnings on the strength of fee revenues.

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