BB&T Corp.'s results dampened bank stocks Monday.

The KBW Bank Index struggled to get out of negative territory for most of the day, ending down 0.51%.

While BB&T beat analysts estimates by a penny, the company also increased its reserves to cover more credit losses, in part because of its Federal Deposit Insurance Corp.-assisted deal for Colonial Bank's deposits, assets and branches, after the company failed in August. BB&T's shares fell 4.3%.

Decliners included JPMorgan Chase & Co., which fell 0.2%, Bank of America Corp., 0.6%, PNC Financial Services Group Inc., 0.1%, SunTrust Banks Inc., 2.9%, Marshall & Ilsley Corp., 2.5%, Regions Financial Corp., 2.2%, and Citigroup Inc., 5 cents, to $4.54.

Gainers included Wells Fargo & Co., which rose 0.2%, U.S. Bancorp, 1.7%, Capital One Financial Corp., 2.6%, Comerica Inc., 1.4%, Fifth Third Bancorp, 1.6%, and Zions Bancorp., 0.9%.

The Dow Jones industrial average rose 0.96%, to 10,092.19. At one point, the Dow Jones average was as high as 10,117.96, it's highest since Oct. 7, 2008. The Standard & Poor's 500 index rose 0.94%.

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