April 20, 2017 / 3:03 PM / 4 months ago

BRIEF-BB&T Q1 adjusted earnings per share $0.74

April 20 (Reuters) - BB&T Corp

* Q1 earnings per share $0.74 excluding items

* BB&T reports strong first quarter earnings; driven by record quarterly revenues and expense control

* Q1 revenue rose 9.1 percent to $2.8 billion

* Qtrly taxable-equivalent revenues were $2.8 billion for Q1, up $52 million from Q4 of 2016

* Qtrly average loans and leases held for investment were $142.0 billion compared to $142.3 billion for Q4 of 2016

* Qtrly tier 1 risk-based capital was 12.0 percent versus 12.2 percent last year

* Qtrly average deposits were $161.4 billion compared to $160.1 billion for prior quarter

* Q1 earnings per share $0.46

* During quarter, terminated $2.9 billion of higher-cost FHLB advances, resulting in a pre-tax loss on early extinguishment of $0.30 per diluted share

* Q1 earnings per share view $0.73, revenue view $2.78 billion -- Thomson Reuters I/B/E/S

* Q1 taxable equivalent net interest income $1,649 mln vs. $1,568 mln last year

* Qtrly excluding purchased credit impaired loans, provision for credit losses was $146 mln vs $133 mln for prior quarter Source text for Eikon: Further company coverage:

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